HTL Limited, a material subsidiary of HFCL, secured domestic orders worth ₹1366 crore from a Tier-1 customer for supply of optical fiber cables.
The orders are to be executed by December 2026 and were awarded by a domestic entity under general contract conditions.
The company confirmed these are not related party transactions and the promoter group has no interest in the awarding entity.
The orders were received in the normal course of business and demonstrate customer confidence in manufacturing capabilities.