Acquisition

HFCL/SEC/26-27 October 22, 2026 BSE Ltd. National Stock Exchange of India Ltd. 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) Mumbai – 400001 Mumbai – 400051 Security Code No.: 500183 Security Code No.: 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 (“SEBI Listing Regulations”). Subject: Incorporation of HFCL Connectivity Systems Limited, as a Wholly-Owned Subsidiary Company of HFCL Limited (“HFCL”/ “Company”) Dear Sir(s)/ Madam, HFCL Connectivity Systems Limited We wish to inform our stakeholders that the Company has today i.e. October 22, 2026 incorporated a “HCSL” wholly-owned subsidiary, namely, (CIN: U42202HR2026PLC152025) ( ). The details as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Sr. Particulars Details “HCSL” 1. Nam e of the target entity, details in brief HFCL Connectivity Systems Limited ( ) has such as size and turnover etc. bSheeanr ein Ccaoprpitoarla: t ed w.e.f. October 22, 2026. Turnover: Authorized Share Capital: ₹1 Lakh Nil (yet to commence business operations) 2. Whet her the acquisition would fall within This incorporation does not fall within related party related party transaction(s) and whether transaction. the promoter/ promoter group/ group After incorporation of HCSL, it has become a related companies have any interest in the entity party of the Company. being acquired? If yes, nature of interest and details The promoter/ promoter group/ group companies thereof and whether the same is done at do not have any interest in this transaction. “arms length”. 3. Indus try to which the entity being Technology and Infrastructure Services. acquired belongs. 4. Objec ts and effects of Incorporated entity HCSL has been incorporated inter-alia to carry on the (including but not limited to, disclosure of business to establish, construct, erect, install, reasons for Incorporation of target entity, commission, operate, maintain, modernize, upgrade if its business is outside the main line of and manage telecommunication networks including Regd. Office: Plot No. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana, Tel: 91-124-4310000, Fax: +91-124-4310050 Corporate Identity Number: L64200HR1987PLC148689 business of the listed entity). voice, video and data communication, optical fiber cable networks, communication systems, broadband networks, wireless networks, 4G, 5G, 6G and future- generation communication networks, telecom towers, data centres, network operation centres, satellite communication systems, wireless communication infrastructure, transmission lines, dark fibre networks, intelligent network systems and all related civil, electrical, electronic and mechanical infrastructure. 5. Br ief details of any governmental or Not Applicable regulatory approvals required for the acquisition. 6. Ind icative time period for completion of Incorporated on October 22, 2026 the acquisition. 7. Na ture of consideration - whether cash Cash consideration or share swap or any other form and details of the same. 8. Co st of acquisition or the price at which Initial subscription of 1,00,000 equity shares of Re. 1 the shares are acquired. each to be subscribed by HFCL at par, aggregating to ₹1 Lakh. 9. Pe rcentage of shareholding / control 100% of the share capital comprising of 1,00,000 acquired and / or number of shares equity shares of Re. 1 each of HCSL would be held by the Company. acquired. 10. Br ief background about the entity HCSL is incorporated in India on October 22, 2026 acquired in terms of products/line of and is yet to commence its business operations. business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief). You are requested to take the above information on records and disseminate the same on your respective websites. Thanking you, For HFCL Limited Yours faithfully, (Manoj Baid) President & Company Secretary Regd. Office: Plot No. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana, Tel: 91-124-4310000, Fax: +91-124-4310050 Corporate Identity Number: L64200HR1987PLC148689