Subject: Press Release: HFCL Takes the Lead: Unveiling a New Era in Defence Tech with Cutting-Edge Radars We are pleased to inform all our stakeholders that the Company through its 90% owned subsidiary, Raddef Private Limited, a R&D enterprise specialising in cutting edge radars and RF solutions, has designed a range of Surveillance Radars catered to meet diverse operational needs. These radars employ Frequency Modulated Continuous Wave (FMCW) technology offering numerous advantages over other radar technologies, including high accuracy, low power consumption, and resistance to interference. We are enclosing herewith a Press Release in this regard.