Alpha Tribe

HFCL LimitedUpdates, 01-05-2026: General Updates

01-05-2026 · 06:00 pm

HFCL clarified funds from its preferential issue will invest ₹90 Cr in subsidiary HFCL Advance Systems. This enables acquisitions: Spiral EHL (₹25 Cr), Defsys Aerospace (₹25 Cr), Thermal Weapon Sight (₹50 Cr), and Raddef (₹75 Cr), totaling ₹175 Cr. Subsidiary secures remaining ₹85 Cr.

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