HFCL Ltd
🔍 HFCL Ltd’s Strategic Defence Consolidation – Key Transactions & ₹1,890 Cr Order Book
- HFCL invests ₹89.25 Cr in HASPL via equity in 2 tranches.
- Sells up to 80% stake in Raddef Pvt Ltd to HASPL for ₹75 Cr.
- Transfers Thermal Weapon Sight (TWS) biz to HASPL for ₹50 Cr (slump sale).
- HASPL acquires 100% of HDSPL for ₹25 Cr.
- Additional ₹25 Cr investment by HASPL in HDSPL for Aerostructure biz.
- Post-transaction HASPL shareholding: HFCL (51.02%), Anant Nahata (6.50%), Sushant Mohan Gupta (4.75%), Shubhra Gupta (4.75%), BAS Engg (14.99%), ITI Holdings (14.99%).