News Announcement

HFCL: Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

Transfer of the thermal weapon sight (TWS) business of HFCL to HASPL as a going concern on a slump sale basis for a lump sum consideration of ?50 Crore (Indian Rupees Fifty Crore only) pursuant to a business transfer agreement (BTA) executed by and between HFCL and HASPL subject to completion of conditions precedent set out under the BTA.

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