Khaitan & Co acts on HFCL ₹555 crore preferential issue

HFCL Limited is set to make a preferential issue of 7,50,00,000 warrants aggregating to ₹555 crore to the Promoter and Promoter Group.

Khaitan & Co is advising HFCL on this preferential issue of warrants.

The transaction team consisted of Sudhir Bassi (Executive Director) and Vaibhav Mittal (Partner).

HFCL is a technology company specializing in the design, development, and manufacturing of telecommunications equipment, fiber-optic cables, and related products. The company also provides customized solutions for defense services, institutions, and national security projects.

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