We wish to inform you that a Share Purchase Agreement ('SPA') has been executed today, i.e., 01.09.2025, among HFCL Limited, Trinity Tech Solutions, having its office at 766, 24th Cross, BSK 2nd Stage, Bangalore - 560 070 (hereinafter referred to as the'Buyer' or 'Trinity') and Nivetti Systems Private Limited, a company incorporated under the Companies Act, 2013, having its registered office at Plot No. 166 and 167, 5th Floor, PID No. 178-M-0021, 21st Main Road, 100ft Ring Road, JP Nagar 2nd Phase, Bangalore - 560078 ('Nivetti'). Under the terms of the SPA, the Company has agreed to sell its entire stake, i.e., 2,17,594 equity shares representing 15.19% of the total shareholding in Nivetti, to Trinity in one or more tranches, for a total consideration of ?52.51 crore. The details as required under SEBI Master dated November 11, 2024 read with SEBI Circular dated December 31, 2024 are as per attached letter.