HFCL Limited has informed the Exchange about Update on Sale of 2,17,594 equity shares i.e. entire stake, held in Nivetti Systems Private Limited
HFCL · price
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HFCL has informed the exchanges that the sale of its entire stake of 2,17,594 equity shares in Nivetti Systems Private Limited to Trinity Tech Solutions has been delayed. An Addendum to the original Share Purchase Agreement has been signed, pushing the deal completion date from March 15, 2026 to June 30, 2026. All other previously disclosed terms of the transaction remain unchanged. This is a follow-up to earlier intimation letters dated September 1, October 15, and December 15, 2025.
Shareholders should note that the cash inflow from this divestment is postponed by roughly 3.5 months, but the deal terms and value remain the same, so the financial outcome is largely unchanged. The delay itself is neutral to mildly negative in the short term, as it pushes the expected realisation of sale proceeds further out.