HFCL Ltd.

NSE: HFCL | BSE: 500183 | ISIN: INE548A01028 | Industry: Telecom Cables
| Mid-range Performer
74.4400 -1.43 (-1.88%)
NSE Oct 06, 2025 15:31 PM
Volume: 9.3M
 

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HFCL Ltd.
11 Sep 2025
74.44
-1.88%
HFCL Ltd - 500183 - Intimation Of Company'S Proposal For Land Allotment Approved By State Investment …
BSE India
The Industries and Commerce (Infra) Department of the Government of Andhra Pradesh, vide G.O. no. Ms. No.154 dated September 06, 2025, received by us today, has informed that the proposal of the Company for allotment of 1,000 acres of land in Madakasira Mandal, Sri Sathya Sai District, has been approved by the State Investment Promotion Board, for the purpose of setting up defence manufacturing facilities. In Phase-I, Andhra Pradesh Industrial Infrastructure Corporation Limited ('APIICL'), an industrial infrastructure agency of the Government of Andhra Pradesh, will allot 329 acres of land. In Phase II, an additional 671 acres of land will be allotted by APIICL. The proposed facilities will include manufacturing of Artillery Ammunition Shells, TNT filling and Multi-Mode Hand Grenades (MMHG), among other defence products. This allotment of land aligns with the Company's strategic growth objectives and will enable further expansion of its footprint in the Defence sector.
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