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Order Win: HFCL Limited won an Annual Maintenance Contract (AMC) order worth ~INR 135.09 Crore from RailTel Corporation of India Limited. The contract is for the Secure Operations (OPS) Network for data centers of Indian defence forces and has a completion timeline of 5 years, ending in January 2031.

HFCL Limited announced the allotment of 7,50,00,000 warrants convertible into equity shares on a preferential basis to Promoter/Promoter Group entities (NextWave Communications Private Limited and Satellite Finance Private Limited) on May 25, 2026. The company received ₹138.75 crore as 25% of the warrant subscription amount (₹18.50 per warrant, with an exercise price of ₹74 per warrant). Assuming full conversion, the promoter/promoter group's shareholding would increase from 12.79% to 16.87%.