HFCL Share Price

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We are pleased to announce to all our stakeholders that HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL) for bids valued at approx. ?6925 Crores to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme of the Government of India. HFCL has also emerged as the top bidder for Punjab circle for a bid value of approx. ?1244 Crores in the BharatNet Phase III tenders on standalone basis. The Company is dedicated to executing this landmark project in close partnership with BSNL and the Governments vision of a Digital India aiming to close the digital gap especially in rural and underserved regions. We are enclosing herewith a Press Release in this regard.

This is further to our earlier announcement dated October 14 and October 15 2024. In terms of Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations we hereby submit Transcript of the Conference Call held on October 22 2024 on the Un-audited Financial Results of the Company for the 2nd Quarter and Half Year ended September 30 2024 of the Financial Year 2024-25 which were considered and approved by the Board of Directors of the Company at its meeting held on October 21 2024. The aforesaid Transcript will also be available on the Companys website at https://www.hfcl.com/.

We hereby submit the copies of the extracts of the Un-audited Financial Results of the Company for the 2nd Quarter and Half Year ended September 30 2024 of the Financial Year 2024-25 on Standalone and Consolidated basis published on October 23 2024 in the following newspapers as per the requirements of Regulation 47 of the SEBI Listing Regulations.1. Financial Express (All Editions) - English (copies for Delhi & Chandigarh Publications are attached)2. Divya Himachal (Shimla) - Hindi (copy attached)3. Jansatta (Chandigarh) - Hindi (copy attached)It may be noted that the aforesaid Un-audited Financial Results had been considered and approved by the Board of Directors of the Company at its meeting held on October 21 2024 and were submitted to the Stock Exchanges (NSE & BSE) on the same day.

Enclosed please find herewith a Press Release on Un-audited financial results for the 2nd quarter and half year ended September 30 2024 of the Financial Year 2024-25 which were approved by the Audit Committee and Board of Directors at their respective meetings held on October 21 2024.

In terms of Regulations 32(6) of the SEBI Listing Regulations read with Regulation 173A(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 (SEBI ICDR Regulations) please find enclosed the Monitoring Agency Report for the quarter ended September 30 2024 issued by CARE Ratings Limited Monitoring Agency appointed to monitor the utilisation of proceeds raised through issuance of equity shares by way of Qualified Institutions Placement.