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HFCL LIMITED — Share Issue/Capital Change 2026
May 25, 2026
61636_rns_2026-05-25_231efe5b-382a-49e5-b403-cf3255dc49c7.pdf
Share Issue/Capital Change
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HFCL GROUP
HFCL Limited
8, Commercial Complex, Masjid Moth, Greater Kailash - II,
New Delhi - 110048, India
Tel : (+91 11) 3520 9400, 3520 9500 Fax : (+91 11) 3520 9525
Web : www.hfcl.com
Email : [email protected]
HFCL/SEC/26-27
May 25, 2026
| The BSE Ltd.
1st Floor, New Trading Wing
Rotunda Building
Phiroze Jeejeebhoy Towers
Dalal Street, Fort, Mumbai – 400001
[email protected]
Security Code No.: 500183 | The National Stock Exchange of India Ltd.
Exchange Plaza, 5th Floor, C – 1, Block G
Bandra – Kurla Complex, Bandra (E)
Mumbai – 400051
[email protected]
Security Code No.: HFCL |
| --- | --- |
RE: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI Listing Regulations")
Subject: Outcome of the Committee Meeting of the Board of Directors of the Company - Allotment of 7,50,00,000 Warrants convertible into Equity Shares on preferential basis
Time of Commencement: 04:00 p.m.
Time of Conclusion: 04:40 p.m.
Dear Sir/Madam
This is further to our earlier announcement dated March 25, 2026, regarding the issuance of 7,50,00,000 (Seven Crore Fifty Lakh) Warrants convertible into equity shares on preferential basis to persons belonging to Promoter/Promoter Group Category of the Company.
We are pleased to inform all the stakeholders that upon receipt of the warrant subscription amount of ₹18.50/- per warrant, being 25% of the Warrant Exercise Price of ₹74/- per warrant, aggregating to ₹138.75 crore (Rupees One Hundred Thirty Eight Crore Seventy Five Lakh Only) from the below mentioned allottees, the Allotment Committee (Warrants) of the Board of Directors of the Company, at its meeting held today i.e. May 25, 2026, has allotted 7,50,00,000 (Seven Crore Fifty Lakh) Warrants, being the entire issue size, to the following allottees:
| Sl. No. | Name of the Allottee | Category | No. of Warrant Allotted |
|---|---|---|---|
| 1. | NextWave Communications Private Limited | Promoter | 3,75,00,000 |
| 2. | Satellite Finance Private Limited | Promoter Group | 3,75,00,000 |
The details of pre and post preferential issue paid-up equity share capital of the Company that may be held by the allottees are as follows:
| Particulars | Pre-Preferential Allotment | *Post-Preferential Allotment | ||
|---|---|---|---|---|
| No. of shares held | %held | No. of shares held | %held | |
| Promoter/Promoter Group Category | ||||
| NextWave Communications Private Limited (Promoter Category) | 19,48,65,000 | 12.73 | 23,23,65,000 | 14.47 |
| Satellite Finance Private Limited (Promoter Group Category) | 9,71,801 | 0.06 | 3,84,71,801 | 2.40 |
| Total | 19,58,36,801 | 12.79 | 27,08,36,801 | 16.87 |
*Assuming full conversion of Warrants into equity shares.
Regd. Office & Works: 8, Electronics Complex, Chambaghat, Solan-173213 (H.P.) Tel: (01792) 230644, 230645, 230647 Fax: (01792) 231902
Corporate Identity Number: L64200HP1987PLC007466
HFCL GROUP
HFCL Limited
8, Commercial Complex, Masjid Moth, Greater Kailash - II,
New Delhi - 110048, India
Tel : (+91 11) 3520 9400, 3520 9500 Fax : (+91 11) 3520 9525
Web : www.hfcl.com
Email : [email protected]
The post issue shareholding pattern has been prepared with shareholding as on May 22, 2026, on the basis that the proposed allottees would have subscribed/exercised to all the warrants and have been allotted all the equity shares upon conversion of warrants at ₹74/- per Equity Share.
The Company has received the in-principal approvals from the BSE Limited and National Stock Exchange of India Limited for the aforesaid preferential issue of warrants on May 12, 2026.
Further, the members of the Company, at their Extra-Ordinary General Meeting held on April 24, 2026, had passed a special resolution approving the issuance of 7,50,00,00 (Seven Crore Fifty Lakh) Warrants convertible into equivalent number of equity shares of the Company.
The above information is also available on the website of the Company at www.hfcl.com.
You are requested to take the above information on records and upload the same on your respective websites.
Thanking you.
Yours faithfully,
For HFCL Limited
MANOJ
BAID
Digitally signed
by MANOJ BAID
Date: 2026.05.25
17:02:06 +05'30'
(Manoj Baid)
President & Company Secretary
Regd. Office & Works: 8, Electronics Complex, Chambaghat, Solan-173213 (H.P.) Tel: (01792) 230644, 230645, 230647 Fax: (01792) 231902
Corporate Identity Number: L64200HP1987PLC007466