HFCL Limited has successfully completed a Qualified Institutions Placement (QIP), raising approximately ₹550 Crores. The Fund Raising Committee of Directors, in a meeting held on December 24, 2025, approved the issue and allotment of 8,79,29,651 equity shares. These shares were allotted to 14 eligible qualified institutional buyers at an issue price of ₹62.55 per equity share. This price includes a premium of ₹61.55 per share and represents a discount of ₹3.29 (5%) to the floor price of ₹65.84. The QIP opened on December 22, 2025, and closed on December 24, 2025. The company has also provided a list of allottees who received more than 5% of the equity shares offered in the issue, with Rajasthan Global Securities Private Limited being the largest allottee at 21.82%. The shareholding pattern before and after the issue will be submitted separately.