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HFCL Ltd

Intimation Of CompanyS Proposal For Land Allotment Approved By State Investment Promotion Board Andhra Pradesh

06:54 PM, 11th Sep 2025

The Industries and Commerce (Infra) Department of the Government of Andhra Pradesh vide G.O. no. Ms. No.154 dated September 06 2025 received by us today has informed that the proposal of the Company for allotment of 1000 acres of land in Madakasira Mandal Sri Sathya Sai District has been approved by the State Investment Promotion Board for the purpose of setting up defence manufacturing facilities. In Phase-I Andhra Pradesh Industrial Infrastructure Corporation Limited (APIICL) an industrial infrastructure agency of the Government of Andhra Pradesh will allot 329 acres of land. In Phase II an additional 671 acres of land will be allotted by APIICL.The proposed facilities will include manufacturing of Artillery Ammunition Shells TNT filling and Multi-Mode Hand Grenades (MMHG) among other defence products.This allotment of land aligns with the Companys strategic growth objectives and will enable further expansion of its footprint in the Defence sector.

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