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HFCL: Incorporation Of HFCL Inc. In The United States And HFCL B.V. In The Netherlands As Overseas Wholly-Owned Subsidiary Companies Of HFCL Limited

We would like to inform all our stakeholders that in order to cater the global demand of the products of the Company and also to expand the business operations and activities of the Company overseas in line with the Companys endeavor to become a global organization the Company has incorporated two wholly-owned subsidiary companies as follows:-

1. HFCL Inc. a company registered in the State of Texas in the United States;
2. HFCL B.V. a private limited company registered in Amsterdam in the sovereign state of the Netherlands.

Both the wholly-owned subsidiaries proposes inter-alia to
manufacture and trade Optical Fiber Optical Fiber Cables Telecom and Networking Products including research & development activities relating thereto.