HFCL500183Subsidiary or JV
HFCL incorporates wholly-owned subsidiary HFCL Connectivity Systems for ₹1 Lakh, subscribing 1 lakh shares of Re. 1 each
By ScoutQuest · · 1 min read
100%Shareholding acquired
- Incorporation date
- October 22, 2026
- Ownership
- Wholly-owned (100%)
- Subscription consideration
- 1 lakh equity shares of Re. 1 each at par, aggregating to ₹1 Lakh
- Target
- HFCL Connectivity Systems Limited
- Transaction
- New Subsidiary (wholly-owned subsidiary incorporated)
HFCL incorporates wholly-owned subsidiary HFCL Connectivity Systems for ₹1 Lakh, subscribing 1 lakh shares of Re. 1 each.
Also from HFCL
HFCL posts audio recording of Investors'/Analysts Conference Call held October 19, 2026
19 Oct 2026
Monitoring agency: no deviation in use of QIP proceeds; Rs. 525.67 crore utilised till Q2FY27
19 Oct 2026
HFCL Q2FY27: revenue up 143.62% YoY to ₹2,541.79 crore, order book at ₹28,911 crore; sees FY27 growth of at least 80%
19 Oct 2026
More numbers
- Consideration for initial subscription₹1 Lakh
- Equity shares subscribed1,00,000
- Face value per shareRe. 1
- Authorized share capital of HCSL₹1 Lakh
- Shareholding acquired100%
Source: BSE · 23 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.