HFCL Kicks Off QIP Issue; Floor Price Fixed at ₹65.84

• HFCL's Fund Raising Committee approved opening of QIP issue on December 22, 2025.
• Floor price for the QIP issue set at ₹65.84 per equity share.
• Company may offer up to 5% discount on floor price, subject to shareholder approval.
• HFCL recently secured export orders worth $72.96 million (₹656.10 crore) for optical fibre cables.
• Shares of HFCL Ltd closed at ₹63.96 on BSE, down by 0.16%.

Why It Matters: HFCL initiates QIP at ₹65.84 floor price, aiming to raise funds amidst recent export order wins.