Outcome of Board Meeting - 22.07.2026

HFCL/SEC/26-27 July 22, 2026 The BSE Ltd. The National Stock Exchange of India Ltd. 1st Floor, New Trading Wing, Rotunda Building Exchange Plaza, 5th Floor, C – 1, Block G Phiroze Jeejeebhoy Towers, Dalal Street, Fort Bandra – Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 corp.relations@bseindia.com cmlist@nse.co.in Security Code No.: 500183 Security Code No.: HFCL RE: Disclosures 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 July 22, 2026. Time of commencement: 12:00 Noon Time of conclusion: 01:00 P.M. Dear Sir(s)/ Madam, This is in continuation to our earlier intimation dated July 17, 2026, with respect to the meeting of the Board of Directors of the Company, scheduled on July 22, 2026. Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we would like to inform all our stakeholders that the Board of Directors of the Company, at its meeting held today, has, inter-alia, considered and approved the following :- 1. Un-audited Financial Results of the Companys for the 1st Quarter ended June 30, 2026, of the Financial Year 2026-27, both on Standalone and Consolidated basis (“Financial Results”), in accordance with Regulation 33 of the SEBI Listing Regulations, together with the Limited Review Reports of the Statutory Auditors’ thereon, duly reviewed and recommended by the Audit Committee in its meeting held today. The copies of the aforesaid Financial Results along with the Limited Review Reports issued by S. Bhandari & Co. LLP, Chartered Accountants and Oswal Sunil & Company, Chartered Accountants, Statutory Auditors of the Company, are enclosed herewith. Arrangements have also been made for publication of the aforesaid financial results in Newspapers, as per the requirements of Regulation 47 of the SEBI Listing Regulations. Please note that aforesaid financial results will also be available on the Company’s website at www.hfcl.com. 2. Setting up of a state-of-the-art manufacturing facility for Data Center Connectivity Products: The Board has approved the setting up of a state-of-the-art manufacturing facility for Data Center Connectivity Products with a capacity of 2,70,000 assemblies per annum at an estimated capital outlay of ₹215 crore. The decision has been taken in view of the significant growth in global demand for data center connectivity products, driven by the rapid deployment of Artificial Intelligence (AI), hyperscale data centers, cloud computing, high-performance computing and high-speed networking infrastructure. This structural shift is accelerating the demand for next-generation high-density optical connectivity solutions, thereby creating substantial business opportunities for the Company in both domestic and international markets. The proposed manufacturing facility will manufacture advanced data center connectivity products, including Miniature Multi-Fiber (MMC) and Super High-Density Multi-Fiber Termination (SNMT) assemblies, which are widely used in high-speed data center and AI infrastructure. Regd. Office & Works: 8, Electronics Complex, Chambaghat, Solan-173213 (H.P.) Tel: (01792) 230644, 230645, 230647 Fax: (01792) 231902 Corporate Identity Number: L64200HP1987PLC007466 A snapshot of the proposed facility and capital outlay, together with the requisite details in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is set out below: Product Existing Capacity & Capacity Additon Estimated Investment/ Utilization Capex Data Center N.A. 2,70,000 assemblies ~₹215 crore Connectivity per annum Products a. Period within which the Capacity is to be added: Expected to be commissioned by September 2027. b. Mode of financing: Appropriate mix of internal accruals and/or debt financing. c. Strategic Rationale: To capitalize on the growing global demand for next-generation data center connectivity products, expand the Company's manufacturing capabilities, strengthen its presence in the high-growth data center connectivity market, and cater to increasing domestic and international customer demand. The proposed investment is expected to strengthen the Company's manufacturing capabilities, expand its product portfolio in the high-growth data center connectivity segment, enhance export opportunities, support import substitution, and reinforce the Company's position as a leading provider of next-generation optical connectivity solutions for AI and hyperscale data center applications. The proposed facility is in addition to the existing manufacturing facilitiy of HTL Limited, a subsidiary of the Company, and upon commissioning will substantially augment the Company's manufacturing capacity for data center connectivity products on a consolidated basis. You are requested to take the above information on records and upload the same on your respective websites. Thanking you. Yours faithfully, For HFCL Limited (Manoj Baid) President & Company Secretary Encl.: Un-audited Financial Results and Limited Review Reports Regd. Office & Works: 8, Electronics Complex, Chambaghat, Solan-173213 (H.P.) Tel: (01792) 230644, 230645, 230647 Fax: (01792) 231902 Corporate Identity Number: L64200HP1987PLC007466 Independent Auditors' Review Report on Standalone Unaudited Quarterlv Financial Results of HFCL Limited {'the Companv') pursuant to Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of HFCL Limited I. We have reviewed the accompanying Statement of the Unaudited Standalone Financial Results ('the Statement') ofHFCL Limited ('the Company') for the quarter ended June 30, 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 I 5, as amended (' Listing Regulations'), including relevant circulars issued by the SEBI from time to time. The Statement is the responsibility of the Company's Management and has been approved by the Company's Board of Directors. Our responsibility is to issue a report on the Statement based on our review of the Statement, which has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), specified under Section 133 of the Companies Act, 20 I 3 read with relevant rules issued thereunder, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian accounting standards(' Ind AS') specified under S [Showing first 8,000 characters — download PDF for full document]