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HFCL Raises INR 600 crore through QIP Issue

desk3
The telecom company is planning to use the QIP proceeds for setting up new manufacturing facilities, capacity expansions, R&D, and product development. December 15, 2021 Indian telecom gear and equipment manufacturer HFCL Limited (HFCL) has raised INR 600 crore through a QIP (qualified institutional placement) issue. The QIP received responses......