QIP - Wire & Cable India
Wire & Cable India

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HFCL to Raise about INR 650 crores to Strengthen R&D and Product Development

desk3
HFCL says that the 5G network rollouts, the rise of FTTH networks, and the expansion of rural broadband will lead to a huge CAPEX by the telecom operators globally. September 4, 2022 HFCL Ltd.’s board has given its nod to raise around INR 650 crore which will be invested in......
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HFCL Wins Order of INR 97 crore for Optical Fibre Cables

desk3
In December 2021, HFCL Ltd. attained funds of INR 600 crore via a Qualified Institutional Placement (QIP) issue. September 5, 2022 HFCL Ltd. and its subsidiary HTL Ltd., have bagged orders of about INR 97 crore from a leading Indian telecom operator. As published in a news daily – the......
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HFCL Raises INR 600 crore through QIP Issue

desk3
The telecom company is planning to use the QIP proceeds for setting up new manufacturing facilities, capacity expansions, R&D, and product development. December 15, 2021 Indian telecom gear and equipment manufacturer HFCL Limited (HFCL) has raised INR 600 crore through a QIP (qualified institutional placement) issue. The QIP received responses......
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