HFCL Limited has announced for Acquisition of signed a Share Subscription Agreement  ("Agreement") on January 7, 2020, with Nivetti Systems Private Limited [CIN: U72200KA2014PTC073690), having its registered office at 4th and 5th Floor, Mech Block, PESIT South Campus, Hosur Road, Bangalore - 560 100 ("Nivetti") and the existing promoters of Nivetti, to acquire 15% of the diluted paid-up equity share capital of Nivetti, in one or more tranches, by way of subscribing to its fresh equity.