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BSE SENSEX
79,117.11
+1,961.32
+2.54 %
Corporate Announcement
Security Code
500183
Company
HFCL Ltd
Exchange Received Time
28/10/2024 16:19:39
Exchange Disseminated Time
28/10/2024 16:19:39
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Acquisition |
10/28/2024 4:19:39 PM
We would like to inform all our stakeholders that, in order to cater the global demand for the Company's products and expand the Company''s business operations overseas, in line with the Company''s strategy to increase revenue from the export markets, HFCL B.V., a wholly owned subsidiary of HFCL Limited in Netherlands, has acquired 100% stake in HFCL Pty Limited, a company registered in Australia. Consequently, HFCL Pty Limited, has become a wholly owned subsidiary of HFCL B.V. and also a step-down wholly owned subsidiary of the Company
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