Capacity addition

HFTChLe/S BESCE/ 2L6td-2. 7 The Na t i o n a l S t o c k ESxecphteamngbee ro 1f 4In, 2d0ia2 6L td. st th 1 Floor, New Trading Wing, Rotunda Building Exchange Plaza, 5 Floor, C – 1, Block G Phiroze Jeejeebhoy Towers, Dalal Street, Fort Bandra – Kurla Complex, Bandra (E) SMeucmurbiatiy – C 4o0d0e0 N0o1. : 500183 MSeucmurbiatiy – C 4o0d0e0 N5o1. : HFCL corp.relations@bseindia.com cmlist@nse.co.in Re: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Subject: Outcome of the Meeting of the Board of Directors held on September 14, 2026: Approval of Additional Investment of Approximately ₹820 crore for expansion of Optical Fiber, Optical Fiber Cable and Preform manufacturing capacities Time of commencement: 05:30 p.m. Time of conclusion: 06:30 p.m. Dear Sir/Madam, This is in continuation to our earlier letters dated March 25, 2026 and August 04, 2026 on the subject cited above. We are pleased to inform all our stakeholders that in view of the Company's strong order book for Optical Fiber Cable ( ) and optical connectivity products, a strong pipeline of additional business opportunities expected to materialise over the near to medium term, and the favourable long-term demand outlook globally, the Board of Directors of the Company, at its meeting held today, approved additional capacity expansion of 4.60 Mn Fiber Kms per annum for Optical Fiber, 5.64 Mn Fiber Kms per annum for Optical Fiber Cable and 300 MT per annum for Preform. The additional capital expenditure for the proposed capacity expansions is estimated at approximately ₹820 crore. The investment will be funded through an appropriate mix of internal accruals, proceeds from the preferential issue of warrants already issued to the Promoter, Promoter Group entity, borrowings from �inancial institutions/banks and/or other suitable �inancing arrangements, as may be required. The above capacity expansion is in addition to the aggregate capital expenditure of approximately ₹980 crore already approved by the Board for Optical Fiber, Optical Fiber Cable and Preform manufacturing projects, taking the total planned capital expenditure for these capacity enhancement initiatives to approximately ₹1,800 crore. Upon completion of the capacity expansions, HFCL's manufacturing capacities will increase to 43.10 million �iber kilometres per annum for Optical Fiber, 62.00 million �iber kilometres per annum for Optical Fiber Cable, and 600 MT per annum for Preform. The above investment is intended to create a larger, integrated and more resilient optical �iber manufacturing platform, covering critical stages of the value chain from Preform to Optical Fiber, Optical Fiber Cable and Connectivity Solutions. The enhanced capacities are strategically aligned with the Company’s growing order book, expanding business pipeline and increasing opportunities in domestic and international markets. They will position HFCL to address the anticipated growth in demand for optical communications infrastructure Regd. Office: Plot No. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana, Tel: 91-124-4310000, Fax: +91-124-4310050 Corporate Identity Number: L64200HR1987PLC148689 arising from AI-enabled digital infrastructure, hyperscale data centres, cloud computing, high- performance computing, telecom network expansion, increased adoption of �iber-to-the-home, enterprise �iberisation, rural connectivity initiatives, and telecom network modernisation programmes. The requisite details in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- PPOaDr2t/icI/u3la7r6s2 /2026 datedP Jarnefuoarrmy 3 0, 2026, are setO oputti bcaello Fwib: er Optical Fiber Cable Existing capacity - N.A. 28.0 Mn �km p.a. 39.0 Mn �km p.a. Existing capacity N.A. 28.0 Mn �km p.a 39.0 Mn �km p.a utilisation - Current ongoing ~300 Metric Tonnes 38.50 Mn �km/p.a 56.36 Mn �km/p.a. ePxrpoapnossieodn re scualtpinacgi tiny (MT) per annm acdapdaitciiotyn o -f - ~300 Metric Tonnes 4.60 Mn �km p.a. 5.64 Mn �km p.a. Capacity after (~M60T0) pMere atnrincu mTo nnes 43.10 Mn �km p.a. 62.00 Mn �km p.a. c urrent ongoing and (MT) per annum proposed expansion Investments Required ₹670 crore ₹150 crore (The above capital expenditure of approximately ₹820 crore is in addition to the aggregate capital expenditure of approximately ₹980 crore approved earlier, taking the total planned capital ex pPeenrdiiotudr we fiothr itnh ewseh iccahp athciety c eaxppaacnitsyio ins ptoro bjeec tasd tdoe adpproximately ₹1,800 crore.) a. : The OF and OFC capacity expansion projects are expected to be completed by July 2028, while the Preform Manufacturing Facility is expected Mtoo bdee e sotfa b�liinsahnedci bnyg :O cOtFo b&er O20F2C8. P reform: b. : Appropriate mix of internal accruals and/or debt �inancing. Appropriate mix of internal accruals/debts/proceeds from the preferential issue of warrants already issued to the Promoter and Promoter Group entity, or combination thereof. Strat egic Rationale c. : The proposed enhancement in Optical Fiber and Optical Fiber Cable manufacturing capacities, together with the establishment of a Preform Manufacturing Facility, is aligned with HFCL’s long- term growth strategy and is intended to strengthen the Company’s position as a leading integrated manufacturer of optical communication products. The OF and OFC capacity expansion will enable the Company to cater to the increasing demand for optical connectivity solutions across domestic and international markets and meet requirements arising from its existing customer commitments, healthy order book and expanding business pipeline. The Company continues to witness sustained demand for OFC and connectivity products, providing strong visibility for future growth. Regd. Office: Plot No. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana, Tel: 91-124-4310000, Fax: +91-124-4310050 Corporate Identity Number: L64200HR1987PLC148689 The proposed Preform Manufacturing Facility will further strengthen the Company’s backward integration capabilities by securing reliable access to a critical raw material for optical �iber production, enhancing supply chain resilience and reducing dependence on external suppliers. The facility is expected to support the Company’s ongoing and future capacity expansion plans of OF and OFC while contributing to improved cost ef�iciencies and margin enhancement. Collectively, these investments will augment HFCL’s manufacturing capabilities, improve operational ef�iciencies and economies of scale, strengthen supply chain security, enhance export competitiveness and enable greater value creation through an integrated manufacturing platform. The proposed expansion is expected to support the Company’s sustainable long-term growth objectives and further reinforce its leadership position in the domestic market while strengthening its presence in international markets. Please also �ind enclosed herewith the Press Release in this regard. You are requested to take the above information on records and upload the same on your respective websites. Thanking you. YourHsF fCaiLth Lfiumllyit, ed (Manoj Baid) President & Company Secretary Encl: Press Release Regd. Office: Plot No. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana, Tel: 91-124-4310000, Fax: +91-124-4310050 Corporate Identity Number: L64200HR1987PLC148689 Press Release For Immediate Release HFCL Approves Additional Investment of Approximately ₹820 Crore, Taking Total Planned Capex to ₹1,800 Crore for Expansion of Optical Fiber, Optical Fiber Cable and Preform Manufacturing Capacities Integrated expansion to increase HFCL’s Optical Fiber capacity to 43.10 Mn �km, Optical Fiber Cable capacity to 62.00 Mn �km and establish 600 MT annual Preform Manufacturing Capacity Investment aimed at meeting growing domestic and international demand driven by Hyperscale data centres, AI infrastructure, cloud computing, telecom expansion an [Showing first 8,000 characters — download PDF for full document]