HFCL Provides ₹50 Crore Corporate Guarantee for Subsidiary HTL to Secure Loans

Mumbai, February 17, 2026: HFCL Limited has announced that it has extended corporate guarantees totaling ₹50 crore on behalf of its subsidiary, HTL Limited. The guarantees will secure a term loan and fund-based working capital facility availed by HTL, with ₹40 crore allocated for the term loan and ₹10 crore for working capital, arranged through the State Bank of India.

HFCL holds a 74% stake in HTL, while the remaining 26% is owned by the Government of India. HTL specializes in manufacturing Optical Fiber Cables (OFC) and key raw materials like Aramid Rods, Fiber Reinforced Plastic Rods, and Impregnated Glass Fiber Reinforcements. The company also provides electrical wiring and connectivity solutions for Aerospace, Defence, Automotive, and Industrial sectors.

The guarantees are provided at arm’s length and will be recorded as contingent liabilities in HFCL’s financial statements. The move strengthens HTL’s financial position, ensuring smooth access to credit for operational and growth needs.

HFCL Limited emphasized that the guarantee aligns with its strategic objective of supporting subsidiaries in critical business operations while maintaining transparency with stakeholders.

About HFCL Limited:
HFCL is a leading technology and telecom solutions provider, offering end-to-end services in optical fiber, cables, and associated connectivity solutions. Its operations cater to both domestic and international markets, serving sectors like telecom, industrial automation, and defense.