News Announcement

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

Disinvestment/sale of up to 80% (eighty percent) of the paid-up share capital of Raddef Private Limited (Raddef) a non-material subsidiary of HFCL in which as of date HFCL owns 90% (ninety percent) of the paid-up share capital to HASPL for consideration of ?75 Crore (Indian Rupees Seventy-Five Crore only) pursuant to a share purchase agreement (SPA) executed by and amongst HFCL Raddef and HASPL subject to completion of the conditions precedent set out under the SPA.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.