MAITHAN ALLOYS : ACQUIRES STAKE IN HFCL WORTH RS 29.72 CR

• Acquired 1,25,000 equity shares, or 0.07% shareholding, of HFCL Limited through the stock exchange on 8 October 2026 • Total cost of acquisition ₹29.72 Cr, cash consideration; acquisition completed on 8 October 2026 • Maithan does not intend to acquire control, directly or indirectly, of HFCL's management; not a related party transaction and no promoter interest • HFCL operates in high-end telecom and defence equipment, optical fibre and cables and digital networks; FY26 turnover ₹4,528 Cr, PAT ₹253 Cr, net worth ₹4,727 Cr • HFCL turnover history: FY25 ₹3,795 Cr, FY24 ₹4,075 Cr • Shares bought as part of Maithan's investment portfolio with a view to long-term/short-term investment benefits; no regulatory approvals required

Maithan Alloys Limited

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