Sterlite Technologie News

Please find attached Business Responsibility and Sustainability Report for FY2023-24.

Please find attached notice of the 25th AGM scheduled on July 29, 2024

Please find attached Annual Report for FY2023-24, BRSR for FY 2023-24 and the Notice of 25th AGM scheduled on July 29, 2024.

We wish to inform that Mr Raman Venkatraman, CEO-STL Digital business has tendered his resignation and Mr Naveen Bolalingappa has been appointed as an Interim CEO of the Digital business of the Company. Other details are enclosed.

Further to the letter dated June 8, 2024, we hereby submit newspaper advertisements published today regarding corrigendum to the Notices of NCLT convened meetings scheduled on July 10, 2024.

Further to our intimation vide letter dated June 07, 2024, we are submitting herewith corrigendum to the notice of meetings of the equity shareholders, secured creditors and unsecured creditors of the Company pursuant to the order of Hon''ble NCLT, Mumbai.Same has also been sent to the shareholders and creditors of the Company.

Copies of the newspaper advertisements informing, inter alia, about the 25th Annual General Meeting scheduled on July 29, 2024 are enclosed herewith.

This is to inform that 25th Annual General Meeting of the Company is scheduled to be held on July 29, 2024 at 9.00 AM IST through video conferencing. Other details of the same are enclosed herewith.

Authorisation and Allotment Committee of the Board of Directors at its meeting held today i.e July 2, 2024, has allotted 48,486 ESOPs to eligible employees. Other details are enclosed.

This is to inform that Trading window for dealing in the equity shares of the Company will be closed from July 1, 2024 till the expiry of 48 hours after declaration of unaudited financial results for the quarter ended June 30, 2024. The date of Board meeting shall be informed in due course.

Pursuant to Regulation 39(3) of SEBI Listing Regulations, we are forwarding the details of information for loss of share certificate and/or issue of duplicate share certificate received by us from the enclosed shareholders through RTA i.e Kfin Technologies Limited on June 27, 2024.

The Company shares an update on pending dispute of the Company under Regulation 30 of the SEBI Listing Regulations. Details are enclosed.

The European Commission has proposed a 8-11.4% anti-dumping duty on Indian optical fibre cable (OFC) manufacturers exporting to Europe. Sterlite Technologies, Birla Cables, Universal Cables, Vindhya Telelinks, and others are among the companies facing this duty.

Pursuant to Regulation 30 read with SEBI circular dated July 13, 2023, please refer to enclosed details of a dispute.

Pursuant to Regulation 39(3) of the Listing Regulations, the Company is forwarding the details of information for loss of share certificate and/or issue of duplicate share certificate received by us from the enclosed shareholders through RTA i.e Kfin Technologies Limited on June 11, 2024.

Please find attached copies of the newspaper advertisements published today i.e. on June 8, 2024, in Financial Express and Loksatta, informing inter alia, about the meetings of Equity Shareholders, Unsecured Creditors and Secured Creditors scheduled on July 10, 2024.

We are forwarding the details of information for loss of share certificate and issue of duplicate share certificate received by us from the shareholder through RTA, details of which are enclosed.

This is to inform that pursuant to the NCLT order in the matter of scheme of arrangement, Meetings of the Equity Shareholders, Unsecured Creditors and Secured Creditors are scheduled on July 10, 2024. Other details are enclosed herewith.

Pursuant to Regulation 39(3) of the SEBI Listing Regulations, 2015, the Company is forwarding the details of information for loss of share certificate and/or issue of duplicate share certificate received by the Company from enclosed shareholder through RTA i.e Kfin Technologies Limited on June 06,2024.

This is to inform that pursuant to Regulation 30, employment of Mr Paul Atkinson, CEO of Company''s Optical Networking Business was terminated at the initiative of the Company on June 5, 2024. Other details are enclosed herewith.

The Company wishes to inform that the individual intimation letters as required to be sent to respective shareholders informing them regarding transfer of shares to the demat account of IEPF Authority, are being dispatched at their latest available addresses. The copies of newspaper advertisements are attached.

The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate (CAGR) of 10%, according to estimates by the company.

Pursuant to regulation 24A of the SEBI Listing Regulations, 2015, please refer to enclosed secretarial compliance report for the financial year ended March 31, 2024.

The Company is forwarding the details of information for loss of share certificate and/or issue of duplicate share certificate received by us from the enclosed shareholders through RTA i.e Kfin Technologies Limited on May 28, 2024.

STL announces that it will team up with UK-based Connexin for gigabit connectivity and community empowerment. The details are enclosed herewith.

Pursuant to Regulation 39(3) of the SEBI Listing Regulation, the Company is forwarding the details of loss of share certificate and/or duplicate share certificate received from enclosed shareholder through RTA i.e Kfin Technologies Limited on May 18,2024

We wish to inform that CRISIL has continued credit ratings of the company, details of which are enclosed.

In furtherance of our letters dated April 23, 2024 and May 08, 2024 respectively, please refer to the enclosed transcript of Q4 FY24 earnings call held on May 8, 2024.

This is to inform that Authorization and Allotment committee of the Board of Directors at its meeting held today i.e. May 14, 2024, has approved allotment of 36261 ESOPs to the ESOP grantees. Other details are enclosed.

A Company is pleased to announce a strategic partnership with Du, from Emirates Integrated Telecommunications Company (EITC), one of the top telecom companies in the UAE.A copy of the press release in this regard is enclosed.

Further to our letter dated April 23, 2024, earnings call in respect of Company''s Q4 FY24 Financial Results was held today and the video recording of the same has been hosted on the website of the Company under https://stl.tech/download/#qfreport

The Board at its meeting held today, i.e. on May 8, 2024, has appointed Ms. Amrita Gangotra as an Independent Director of the Company for a period of 5 years. Other details are enclosed.

Broadband technology company Sterlite Technologies on Wednesday reported a consolidated loss of Rs 82 crore for the fourth quarter ended March 2024, mainly due to a dip in optical networking business. The company had posted a profit of Rs 63 crore a year ago.

The Board has not recommended any dividend for the year ended March 31, 2024.

The Board has approved audited results for the year ended March 31, 2024. The Board has not recommended any dividend for the year ended March 31, 2024.

The Board has approved audited financial results for the year ended March 31, 2024.

Pursuant to Regulation 39(3) of the SEBI Listing Regulations 2015, the Company is forwarding the details of information for loss of share certificate and issue of duplicate share certificate received by the Company from the enclosed shareholders through RTA i.e Kfin Technologies Limited.

The Company is pleased to announce its successful partnership with Archtop Fibre, supporting the development of Archtop''s expansive multi-gigabit fibre internet network spanning over 2,500 miles across the Northeast region of the United States.

We are forwarding details of loss of share certificate received from the shareholder of the Company through our RTA.Other details are enclosed herewith.

"If you look at China, they are deploying 240 million kms per year, which is nearly 12 times that of India with a population of comparable size. In Europe and the US, 8Gbps speed is becoming a norm," Sterlite Technologies (STL) managing director Ankit Agarwal said.