Announced Tue, 30 Jun · 21:38 IST
HFCL extends Nivetti Systems stake sale deadline to September 30, 2026
HFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹212.00
prior close
₹214.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.7-0.1-0.1-2.8+1.3+6.2+5.4+1.3+1.8+2.7———
Up moveDown movePending
AI summary
HFCL is selling its entire stake of 2,17,594 equity shares in Nivetti Systems Private Limited to Trinity Tech Solutions under a Share Purchase Agreement first signed in September 2025. Through an addendum executed on June 30, 2026, the deal completion date has been pushed from June 30, 2026 to September 30, 2026. All other terms and disclosures remain unchanged from the original intimation.
Likely market impact
Procedural delay in closing the Nivetti divestment. Deal terms unchanged; limited immediate impact on share price, though closure unlocks expected proceeds.