HFCL has announced a board meeting on the financial results for the quarter and half-year. The company’s QIP raised Rs. 352 Cr, with net proceeds of Rs. 342.5 Cr deployed as planned. Capital expenditure during the quarter was Rs. 10.31 Cr, while funds for R&D, debt repayment, working capital, and corporate purposes remain on track. Unutilized Rs. 61.88 Cr is held securely in fixed deposits and a monitored bank account, maintaining liquidity with no impact on investor interests.