Himachal Futuristic Communications announced the resignation of Banerjee, Non-Executive - Independent Director of the Company with effect from 27 September 2018.

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Himachal Futuristic Communications has received the Purchase Order ('PO') worth Rs.558.36 crore approx. from BSNL, New Delhi vide its letter dated 20th September, 2018 for Planning, Designing, Procurement, Installation, Integration, Commissioning, Testing, Training, Documentation and Maintenance of Hybrid Microwave broadband radio links including repeaters, EMS/NMS and antenna towers and accessories on turnkey basis for pan India Defence Network.

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Himachal Futuristic Communications announced that the 31th Annual General Meeting (AGM) of the company will be held on 29 September 2018.

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Himachal Futuristic Communications has received an Advance Purchase Order worth Rs.611 crore from Bharat Sanchar Nigam, New Delhi vide its letter dated 17 September, 2018 for Survey, Procurement, Supply, Trenching, Laying, Installation, Testing and Maintenance of Optical Fibre Cable (OFC), Accessories and GPON Equipment in the State of Madhya Pradesh under BharatNet Phase - II (for MP-1 Package) Network of Government of India.

The total Material cost and Service cost is Rs.207 crore and Rs.245 crore respectively aggregating to Rs.452 crore. The Company shall also provide Operation and Maintenance Services for a period of seven years at a total cost of Rs.159 crore under this Project.

Under this Project, around 1038 Gram Panchayats in 13 Blocks will get Broadband connectivity.

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