HFCL extends Nivetti Systems stake sale deadline to March 2026
HFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.4 pts less than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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HFCL has delayed the sale of its entire 2,17,594 equity shares stake in Nivetti Systems Private Limited to buyer Trinity Tech Solutions. Through an addendum to the Share Purchase Agreement signed today, the transaction completion deadline has been pushed from December 15, 2025 to on or before March 15, 2026. All other terms of the deal remain unchanged from the September 2025 announcement.
Three-month delay in completing the divestment; cash inflow from the sale is pushed to the next financial year, which may modestly defer any expected earnings boost.