Routine Neutral

2026-08-27 16:58

New Filing detected. See link for details.

Ownership Positive

2026-08-22 10:43

- Motilal Oswal Mutual Fund schemes acquired 332,029 shares (0.0647%) of Sterlite Technologies Limited on July 19, 2026, via market transactions. - Post-acquisition, their total holding in Sterlite Technologies Limited stands at 3,93,70,152 shares, representing 7.6611% of the voting capital.

Business Update Neutral

2026-08-21 11:50

- The Hon'ble High Court of Andhra Pradesh partly allowed Sterlite Technologies Limited's (STL) writ petition against the State of Andhra Pradesh and Kakinada Smart City Corporation Limited regarding a smart city solutions contract. - The Global Services Business, to which this legal matter pertains, was demerged into STL Networks Limited effective March 31, 2025. - Any contingent gain/benefit from this matter pertains to STL Networks Limited.

Governance Neutral

2026-08-19 17:30

- The 27th Annual General Meeting (AGM) of Sterlite Technologies Limited was held on Wednesday, August 19, 2026, through Video Conferencing/Other Audio Visual Means. - All ordinary and special business resolutions proposed at the AGM, including the adoption of financial statements for FY 2025-26, re-appointment of directors, and approval of remuneration, were passed with the requisite majority. - The Scrutinizer's Report confirmed that 492 members cast votes, representing 33,42,01,177 shares.

Governance Neutral

2026-08-19 17:23

- Sterlite Technologies Limited's 27th AGM was held on August 19, 2026. - All proposed resolutions, including adoption of FY26 financial statements, re-appointment of directors (Mr. Venkatesh Murthy & Mr. Ankit Agarwal), and remuneration approvals, were passed with requisite majority.

Business Update Positive

2026-08-15 19:01

- Sterlite Technologies Limited (STL) received a favorable High Court ruling on August 15, 2026. - The Hon'ble High Court of Delhi dismissed the Department of Telecommunications (DoT)'s petition, upholding an Arbitral Award that had quashed a demand notice of INR 8.56 Crores against STL. - The original demand from DoT was for alleged violation of IP-I Registration terms, and the current ruling results in zero financial or operational exposure for STL.

Business Update Neutral

2026-08-05 20:31

- Investor/Analyst Meetings Schedule - Management to participate in Nuvama India Conference 2026 on August 11, 2026 (Singapore). - Also participating in Citi's 2026 India Industrials Access Day on August 12, 2026 (Singapore) and August 13, 2026 (Hongkong). - Discussions will cover general business updates and industry.

Business Update Positive

2026-08-05 19:26

- Order Win: Sterlite Technologies Limited won a long-term supply agreement for high-density optical fiber cable from a leading international telecom infrastructure company - Order Value: Approximately USD 210 Million - Completion Timeline: Three calendar years; CY27-29

Business Update Positive

2026-08-01 22:49

- Order Win: Sterlite Technologies Limited (STL) won an order from a Domestic Telecom Operator. - Order Value: Approximately ₹960 Cr. - Completion Timeline: Initial 2 years (FY28 and FY29), extendable by another 2 years on mutual agreement. The order is for the supply of optical fibre cables.

Business Update Positive

2026-07-28 18:23

- Management reported highest ever Q1 FY27 performance across revenue, EBITDA, and PAT. - EBITDA margin guidance revised upward to 23% for FY27 (from previous 20%). - Order book at a record high of INR18,618 crores, including a multi-year $1.1 billion deal with a global hyperscaler secured in Q1 alone. - Achieved net debt-free status with a net cash balance of INR483 crores; credit rating upgraded to AA Stable by ICRA. - Data Center and Enterprise segment expected to scale up to 50% of revenues in the current fiscal (up from 1% in FY26). - Optical connectivity attach rates targeted to increase to over 20% next quarter and 25% by FY end. - Planned Capex of INR500 crores annually for the next 3 years (total INR1,500 crores) for upgrades and debottlenecking. - Outlook remains positive due to strong multi-year tailwinds from FTTx, Data Centers, and 5G/6G networks, particularly in North America and APAC.

Business Update Neutral

2026-07-25 14:42

- Audio recording of Q1 FY27 Earnings Call now available for Sterlite Technologies Limited. - The earnings call was held on July 24, 2026. - Recording can be accessed on the company's website at https://stl.tech/download/.

Governance Neutral

2026-07-24 22:54

- Sterlite Technologies Limited will hold its 27th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 9:30 a.m. (IST) via Video Conferencing. - The e-voting period is from August 16, 2026, to August 18, 2026. - Key agenda items include the adoption of FY2026 financial statements, re-appointment of Mr. Venkatesh Murthy and Mr. Ankit Agarwal as Managing Director for 5 years (October 8, 2026, to October 7, 2031), and approval of director remunerations for FY2025-26.

Governance Neutral

2026-07-24 22:51

- Submitted Annual Report for FY 2025-26 and Notice of 27th Annual General Meeting (AGM). - The AGM is scheduled for Wednesday, August 19, 2026, at 9:30 a.m. (IST) via Video Conferencing.

Financials Positive

2026-07-24 14:46

- Consolidated Revenue ₹1,910 Cr vs ₹1,019 Cr (▲87% YoY) - EBITDA ₹397 Cr vs ₹140 Cr (▲184% YoY) - PAT ₹197 Cr vs ₹10 Cr (▲1870% YoY) - EBITDA Margin 20.8% vs 13.7% (▲710bps) - Achieved 'net debt-free' balance sheet following a Qualified Institutions Placement (QIP) of ₹1,500 Cr. - Reported a record open order book of ₹18,618 Cr. - Credit rating upgraded to 'AA (Stable)' by ICRA and outlook revised to 'Stable' by CRISIL. - Secured a multi-year contract worth US$ 1.11 billion (₹10,000+ Cr) to supply optical connectivity products for next-generation AI data centers. - Won multiple hyperscaler orders worth $100 Mn+ for the Neuralis portfolio. - Won a decisive patent dispute in Europe.

Financials Positive

2026-07-24 14:43

- Consolidated Revenue ₹1910 Cr vs ₹1019 Cr (▲87.4% YoY) - EBITDA ₹397 Cr vs ₹140 Cr (▲183.6% YoY) - PAT ₹197 Cr vs ₹10 Cr (▲1870% YoY) - EBITDA Margin 20.8% vs 13.7% (▲710bps) - Achieved net debt-free balance sheet with a record order book of ₹18,618 Cr. - Secured a multi-year contract worth US$ 1.11 billion (~₹10,000 Cr) and multiple hyperscaler orders worth $100 Mn+. - ICRA upgraded credit rating to 'AA (Stable)' and CRISIL revised outlook to 'Stable'.

Ownership Positive

2026-07-24 12:13

- Sterlite Technologies Limited granted 17,94,800 stock options to eligible employees on July 24, 2026. - Exercise price is ₹2/- per option. - Options vest over 3 years, exercisable within 5 years from vesting.

Governance Negative

2026-07-21 19:25

- The 27th Annual General Meeting (AGM) will be held on Wednesday, August 19, 2026, at 09:30 A.M. (IST) via Video Conferencing/OAVM. - The cut-off date for determining e-voting entitlement is Wednesday, August 12, 2026. - The Board has not recommended any dividend for the financial year ended March 31, 2026.

Business Update Positive

2026-07-17 17:37

- STL's US subsidiary, STL Optical Connectivity NA, LLC, launched its new advanced FTTH solution, CONCAT, in the US. - The solution successfully completed field trials with one of the largest telecom service providers in the United States. - CONCAT enables up to 71% in labor cost savings and faster fiber rollouts, expanding STL's optical connectivity portfolio.

Business Update Neutral

2026-07-16 19:41

- Concall Schedule - Concall Date: Friday, July 24, 2026 - Concall Time: 4.00 pm IST

Financials Neutral

2026-07-16 19:10

- Board Meeting on July 24, 2026, to consider Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. - Trading window for company shares is closed from July 01, 2026, to July 26, 2026.

Routine Neutral

2026-07-10 19:26

New Filing detected. See link for details.

Routine Neutral

2026-07-10 17:49

New Filing detected. See link for details.

Ownership Positive

2026-07-08 17:45

- Motilal Oswal Mutual Fund schemes acquired additional shares of Sterlite Technologies Limited on July 1, 2026. - This acquisition, through market transactions, increased their total holding from 4.7534% to 5.7196% (2,79,19,202 shares). - The disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011.

Business Update Positive

2026-07-07 18:18

- Sterlite Technologies Limited (STL) received a credit rating upgrade from ICRA. - Long-term instruments rating upgraded from AA- (Stable) to AA (Stable). - Short-term instruments rating reaffirmed at [ICRA]A1+.

Business Update Positive

2026-07-03 19:07

- Update on pending litigation against Fujikura LTD and Fujikura Europe Limited regarding patent EP3796060. - The patent has been revoked in its entirety by the Technical Board of Appeal, effectively ending the UK patent litigation concerning Sterlite's Celesta cable family. - The Company is pursuing the recovery of legal defense costs from Fujikura.

Business Update Positive

2026-07-02 18:58

- Sterlite Technologies Limited (STL) raised INR 1500 Cr through a Qualified Institutions Placement (QIP) on July 02, 2026. - The company allotted 2.57 crore equity shares to qualified institutional buyers. - The funds will be utilized to de-leverage the balance sheet and fund future growth.

Ownership Positive

2026-07-01 11:32

- Sterlite Technologies Limited allotted 2,57,28,500 Equity Shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹583.01 per share. - This Qualified Institutional Placement (QIP) raised ₹1500 Crores, increasing the company's paid-up equity share capital from ₹976.33 Cr to ₹1,027.79 Cr.

Ownership Positive

2026-07-01 00:03

- Sterlite Technologies Limited announced the closure of its Qualified Institutional Placement (QIP) on June 30, 2026. - The company allocated 2,57,28,500 Equity Shares to eligible Qualified Institutional Buyers (QIBs). - The issue price was ₹583.01 per Equity Share, representing a 5% discount to the floor price.

Ownership Positive

2026-07-01 00:01

- Sterlite Technologies Limited closed its Qualified Institutions Placement (QIP) on June 30, 2026. - 2,57,28,500 Equity Shares were allocated at an issue price of ₹583.01 per share. - This issue price includes a premium of ₹581.01 and represents a 5% discount to the floor price of ₹613.69.

Routine Neutral

2026-06-29 14:38

- Trading window closed for Designated Persons and their relatives from July 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026. - The date of the Board meeting to consider these results will be announced in due course.

Ownership Neutral

2026-06-25 08:44

- Bandhan Mutual Fund, through its schemes, sold 18,15,000 equity shares of Sterlite Technologies Limited on June 04, 2026. - Following this disposal, Bandhan Mutual Fund's holding in Sterlite Technologies Limited decreased from 5.2728% to 3.0252%.

Ownership Negative

2026-06-25 08:40

- Bandhan Mutual Fund, through its schemes, sold 18,15,000 equity shares of Sterlite Technologies Limited on June 04, 2026. - Following the disposal, Bandhan Mutual Fund's holding in Sterlite Technologies Limited decreased from 5.2728% (as on March 07, 2025) to 3.0252%.

Ownership Positive

2026-06-25 00:02

- Sterlite Technologies Limited approved opening of Qualified Institutions Placement (QIP) on June 24, 2026. - Floor price fixed at ₹613.69 per Equity Share, with a potential discount of up to 5%. - Preliminary placement document filed today.

Ownership Positive

2026-06-24 23:57

- Sterlite Technologies Limited approved the opening of its Qualified Institutional Placement (QIP) on June 24, 2026. - The floor price for the QIP is ₹613.69 per equity share, with a potential discount of up to 5%. - The preliminary placement document has been filed with the stock exchanges.

Financials Negative

2026-06-18 20:42

CRITICAL RED FLAG DETECTED

- Sterlite Technologies Limited filed its Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the audit reports. - The auditor's report highlights an 'Emphasis of Matter' regarding ongoing litigation against a US subsidiary, with the possible financial impact not currently determinable. - The auditors noted that backup of certain electronic books of account was not maintained daily on India-located servers. - Deficiencies were identified in the audit trail feature of accounting software, specifically that it's not maintained for modifications by certain users and is absent in one accounting software. - Managerial remuneration of ₹3 crores for the year ended March 31, 2026, is subject to shareholder approval at the ensuing Annual General Meeting.

Governance Positive

2026-06-17 18:46

- Sterlite Technologies Limited announced the voting results of its Postal Ballot, which concluded on June 16, 2026. - Shareholders approved, with requisite majority, the Special Resolution for raising funds through Qualified Institutional Placement (QIP), External Commercial Borrowings (ECBs), Foreign Currency Convertible Bonds (FCCBs), American Depository Receipts (ADRs), Global Depository Receipts (GDRs), or Optionally/Compulsorily Convertible Redeemable Preference Shares (OCPs/CCPs). - The resolution passed with 99.981% votes in favour and 0.019% against.

Governance Positive

2026-06-17 18:40

- Members of Sterlite Technologies Limited approved a special resolution via Postal Ballot for raising funds through Qualified Institutional Placement (QIP), External Commercial Borrowings (ECBs), Foreign Currency Convertible Bonds (FCCBs), American/Global Depository Receipts (ADRs/GDRs), or Optionally/Compulsorily Convertible Redeemable Preference Shares (OCPs/CCPs). - The approval was received on June 16, 2026. - 99.981% of votes cast were in favor of the resolution.

Business Update Positive

2026-06-17 15:12

- CRISIL upgraded credit rating outlook from 'Negative' to 'Stable' for bank facilities and NCDs (AA-/Stable). - Commercial Paper rating A1+ was reaffirmed.

532374

STERLITE TECHNOLOGIES LTD

Price Chart

Filing History

Unlock Full History