HFCL Board approves approx ₹820 crore more capex for optical fiber, cable, preform
HFCL · Telecom - Services
What the filing says
- Board approved added capacity of 4.60 Mn Fiber Kms per annum for Optical Fiber, 5.64 Mn Fiber Kms per annum for Optical Fiber Cable and 300 MT per annum for Preform.
- Additional capex is approximately ₹820 crore, on top of approximately ₹980 crore approved earlier, taking total planned capex to approximately ₹1,800 crore.
- Capacity after expansion: 43.10 million fiber km p.a. Optical Fiber, 62.00 million fiber km p.a. Optical Fiber Cable, 600 MT p.a. Preform; OF and OFC by July 2028, Preform by October 2028.
Why it's rated notable: amount is ₹500 crore or more
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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More from HFCL
- Capex / expansionNotableHFCL approves ₹820 crore additional investment to expand optical manufacturing capacities
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.