STLTECH
Sterlite Technologies Limited
NSEFiling History
Recent corporate announcements and filings for STLTECH
Business Update
Neutral
2026-10-06 19:50
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 04:00 PM IST
Business Update
Positive
2026-10-01 11:26
Order Win: Sterlite Technologies Limited won order from A hyperscale partner
Order Value: ~USD 1.2 billion
Completion Timeline: Upto December 2030
Routine
Neutral
2026-09-28 16:34
- Trading window closed for Designated Persons and immediate relatives from October 1, 2026.
- Closure remains effective until 48 hours after declaration of Q2/H1 FY27 financial results.
- Board meeting date for considering results to be announced in due course.
Business Update
Positive
2026-09-24 16:54
Sterlite Technologies Limited has strengthened its Neuralis portfolio with Pre-Terminated Fiber Trunk Assemblies ranging from 48F to 6912F.
- The high-density cabling portfolio is purpose-built for hyperscale and enterprise data centers to address AI, cloud, and high-performance computing demands.
- Key offerings include Indoor (48F-576F) and Indoor/Outdoor (144F-6912F) Pre-Terminated Fiber Trunk Assemblies with factory-tested reliability and compact designs.
Business Update
Neutral
2026-09-23 23:48
- Investor/Analyst Meeting Schedule
- Meeting Date: September 28, 2026
- Meeting Time: 12:00 PM to 6:00 PM
- Event: Nuvama Emerging India CEO Forum
- Mode of interaction: Physical Conference at Mumbai (One-on-One/Group Meeting)
Governance
Positive
2026-09-22 18:33
- Sterlite Technologies Limited announced the appointment of Ms. Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer.
- She is considered a Senior Management Personnel and her appointment is effective from September 23, 2026.
Ownership
Positive
2026-09-10 19:22
- Sterlite Technologies Limited allotted 146,191 equity shares on September 10, 2026, under its Employee Stock Option Schemes 2010 and 2016.
- Post-allotment, the total share capital is 514,057,433 shares.
Business Update
Positive
2026-09-10 17:02
- STL announced the launch of Plenum-rated Fiber Trunk Assemblies for AI Data Center Connectivity. This product secured Optical Fiber Nonconductive Plenum (OFNP) US certification for its IBR pre-terminated assembly portfolio. With this, STL is now among the global AI-ready infrastructure providers for NFPA 262-qualified indoor cable assemblies.
Business Update
Positive
2026-09-07 12:37
- Company aims for 'Lakshya', a growth ambition for FY29, targeting ₹20,000 crore revenue, a >4x growth from ₹4,750 crore in FY26.
- Targeting an EBITDA margin of 27%+ by FY29, an improvement of over 1380 basis points from 13.2% in FY26.
- Growth driven by expanding optical TAM into AI data centers, customer co-development, integrated connectivity solutions, and technology-led differentiation.
- Planned capital allocation includes investing ~₹1,000 crore annually for the next 3 financial years, expanding preform fiber and cable capacities by 50%.
- Q1 FY27 marked the highest ever quarterly revenue EBITDA impact.
Business Update
Positive
2026-09-03 21:35
- Investor/Analyst Meet held on September 3, 2026, outlining the company's 'Lakshya - Growth Roadmap FY27-29'.
- STL is entering its next phase of growth, driven by a structural shift in optical demand towards AI Data Centers and Large Enterprises.
- Higher AI density is expected to drive multifold growth in optical content, with AI scale accelerating demand across the Data Center Interconnect (DCI) layer.
- India is emerging as a major AI infrastructure opportunity, projected to reach 10 GW power capacity by 2030 (46% CAGR), attracting $200B in capital, and onboarding over 38,000 GPUs.
Business Update
Positive
2026-09-03 17:41
- Board approved ~50% capacity addition for Optical Fiber Cables by FY29.
- Investment: ~₹3,000 crores, to be funded by internal accruals and/or debt.
- Rationale: To cater to anticipated growth in demand and strengthen manufacturing capabilities.
Business Update
Positive
2026-09-03 17:40
- Board of Directors approved ~₹3,000 Cr Capex for approximately 50% capacity addition in existing manufacturing facilities for Optical Fiber Cables.
- Expansion is targeted for completion by end of FY29.
- To be financed through internal accruals and/or debt, to cater to anticipated global demand.
Business Update
Positive
2026-09-02 16:08
- Crisil upgraded the long-term credit rating from 'Crisil AA-/Stable' to 'Crisil AA/Stable'.
- Short-term ratings were reaffirmed at 'Crisil A1+'.
- Bank Loan Facilities amount was reduced from Rs. 4045 Crore to Rs. 3564 Crore.
Business Update
Neutral
2026-09-01 19:16
- Sterlite Technologies Limited received an ESG Rating of 59 from Crisil ESG Ratings & Analytics Ltd. on August 31, 2026.
- This independent rating reflects the company's performance on Environmental, Social, and Governance parameters.
Business Update
Neutral
2026-08-31 19:45
- Concall Schedule
- Concall Date: Thursday, September 3, 2026
- Concall Time: 04.00 pm (IST)
Business Update
Positive
2026-08-31 18:18
- Clarification regarding a Long Term Supply Agreement with a Leading hyperscaler, previously intimated on August 29, 2026.
- The agreement was executed by a wholly-owned subsidiary of Sterlite Technologies Limited, not the Company directly.
- All other details provided in the original intimation remain unchanged.
Business Update
Positive
2026-08-29 20:17
- Order Win: Sterlite Technologies Limited signed a long term contract with a Leading hyperscaler
- Order Value: Approximately USD 288 Million
- Completion Timeline: Three calendar years (CY27 to CY29), extendable by two years
Business Update
Positive
2026-08-27 17:04
- Sterlite Technologies (STL) announced significant progress towards decarbonisation and Net-Zero ambitions.
- Transitioned key Indian manufacturing facilities to 100% 'Green Power', achieving ~65% market-based scope 2 emission reduction.
- Integrated 100% Green Hydrogen in glass manufacturing operations.
- Reduced G.657.A2 optical fibre carbon footprint by 80% (from 4.7 kg CO₂e/fkm to 0.9 kg CO₂e/fkm).
Business Update
Positive
2026-08-21 11:59
- High Court partly allowed STL's writ petition against Andhra Pradesh regarding a Smart City Solutions contract. Any contingent gain/benefit now pertains to the demerged STL Networks Limited, effective March 31, 2025.
Business Update
Positive
2026-08-15 19:06
- Sterlite Technologies Ltd. (STL) provided an update on pending litigation concerning a demand notice of INR 8.56 Crores from the Department of Telecommunications (DoT) issued on 24.08.2020 for alleged IP-I Registration violations.
- The company secured a favorable Arbitral Award on 17.05.2023, quashing DoT's demand entirely.
- The Delhi High Court dismissed DoT's subsequent challenge, upholding the Arbitral Award in STL's favor with zero financial or operational exposure.
Business Update
Neutral
2026-08-05 20:39
- Concall Schedule (Investor/Analyst Meetings)
- Dates: August 11, 12, 13, 2026
- Events: Nuvama India Conference 2026 and Citi's 2026 India Industrials Access Day
- Locations: Singapore and Hongkong
Business Update
Positive
2026-08-05 19:24
- Order Win: Sterlite Technologies Limited won an international order from a Leading telecom infrastructure company
- Order Value: Approximately USD 210 Million
- Completition Timeline: Three calendar years (CY27-29) for a long-term supply agreement of high-density optical fiber cable.
Business Update
Positive
2026-08-01 22:53
- Order Win: Sterlite Technologies Limited received an order from a Domestic Telecom Operator
- Order Value: Approximately ₹960 Cr.
- Completition Timeline: FY28 and FY29 (initial 2 years), further extendable by another 2 years on mutual agreement.
- Other Details: Multi-year Supply Agreement for optical fibre cables.
Business Update
Positive
2026-07-28 19:06
- Q1 FY27 witnessed record performance with Revenue at INR1,910 Cr (▲87% YoY), EBITDA at INR397 Cr (▲184% YoY), and PAT at INR197 Cr (▲3.5x YoY).
- EBITDA margin guidance revised upward to 23% (from previous 20% by FY27 end), driven by improving capacity utilization and product mix.
- Data Center & Enterprise segment expected to scale to 50% of FY27 revenues (up from 30% guidance).
- Secured record open order book of INR18,618 Cr, with INR2,228 Cr for Q2 FY27 execution and the remainder for Q3 FY27 onwards.
- Net debt-free status achieved with a net cash balance of INR483 Cr; company expects to remain net debt-free for FY27.
- Planned Capex of INR500 Cr per year for the next 3 years (total INR1,500 Cr) for upgrades and debottlenecking.
- Attach rate for optical connectivity targeted to increase to over 20% next quarter and 25% by FY27 end.
- Resolved European patent dispute with Fujikura, removing legal uncertainty.
- CRISIL revised rating outlook to stable, ICRA upgraded rating to AA Stable.
Business Update
Neutral
2026-07-25 14:47
- Audio recording of the Q1 FY27 earnings call held on July 24, 2026, is now available.
- The recording can be accessed on the company's website at https://stl.tech/download/ under the 'FINANCIAL RESULTS – QUARTER 1 – INVESTOR EARNINGS CALL RECORDING' tab.
Governance
Negative
2026-07-24 23:08
CRITICAL RED FLAG DETECTED
- The 27th AGM will be held on August 19, 2026, at 9:30 a.m. (IST) via VC.
- E-voting: August 16-18, 2026.
- Resolutions include re-appointment and remuneration for MD Mr. Ankit Agarwal, despite inadequate FY2026 profits.
- S Madhavan and Kumud Srinivasan ceased as Independent Directors.
Financials
Positive
2026-07-24 14:47
- Consolidated Revenue ₹1,910 Cr vs ₹1,019 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% (▲710 bps)
- Achieved 'net debt-free' balance sheet and reported a record order book of INR 18,618 Cr.
- Secured a multi-year contract worth US$ 1.11 billion (₹10,000+ Cr) from a hyperscaler.
- CRISIL revised its rating outlook to 'Stable', while ICRA upgraded the Company's credit rating to 'AA (Stable)'.
Ownership
Positive
2026-07-24 12:13
- Sterlite Technologies Limited granted 17,94,800 stock options to eligible employees under ESOP 2016 on July 24, 2026.
- The exercise price is Rs. 2/- per option, vesting over 3 years, and exercisable within 5 years from vesting.
Governance
Negative
2026-07-21 19:44
- 27th Annual General Meeting (AGM) to be held on August 19, 2026, at 09:30 AM (IST) via VC/OAVM.
- Cut-off date for e-voting is August 12, 2026.
- Board of Directors has not recommended any dividend for the Financial Year ended March 31, 2026.
Business Update
Positive
2026-07-17 17:30
- STL's US subsidiary, STL Optical Connectivity NA, LLC, launched CONCAT, a new advanced FTTH solution, after successful field trials.
- This expands STL's optical connectivity portfolio in the US, enabling up to 71% labor cost savings and faster fiber rollouts.
Business Update
Neutral
2026-07-16 19:24
- Concall Schedule
- Concall Date: July 24, 2026
- Concall Time: 04.00 pm IST
Routine
Neutral
2026-07-10 19:30
New Filing detected. See link for details.
Routine
Neutral
2026-07-10 17:56
New Filing detected. See link for details.
Routine
Neutral
2026-07-07 18:41
New Filing detected. See link for details.
Business Update
Positive
2026-07-03 19:10
- Sterlite Technologies Limited received a favorable update on pending litigation against Fujikura LTD and Fujikura Europe Limited.
- Fujikura's patent EP3796060, central to UK patent infringement litigation concerning Sterlite's Celesta cable family, has been revoked in its entirety by the Technical Board of Appeal.
- This non-appealable decision effectively brings a formal end to the UK patent litigation.
- The Company is actively pursuing the recovery of legal defence costs from Fujikura.
Business Update
Positive
2026-07-02 19:02
- Sterlite Technologies Limited (STL) raised INR 1500 Cr through a Qualified Institutions Placement (QIP) by allotting 2.57 crore equity shares.
- The funds will be primarily utilized to de-leverage the balance sheet and fund the next phase of growth.
Ownership
Positive
2026-07-01 11:46
- Sterlite Technologies Limited successfully raised ₹1500 Crores through a Qualified Institutions Placement (QIP).
- The company allotted 2,57,28,500 equity shares to eligible qualified institutional buyers at an issue price of ₹583.01 per share.
- The issue, which opened on June 24, 2026, and closed on June 30, 2026, resulted in an increase of the company's paid-up equity share capital.
Governance
Neutral
2026-06-29 14:59
- Trading window for Designated Persons and their relatives will remain closed from July 1, 2026.
- The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026.
- The date of the Board meeting for approving these results will be announced later.
Business Update
Positive
2026-06-25 00:05
- Sterlite Technologies will proceed with a Qualified Institutional Placement (QIP) of equity shares.
- The floor price for the issue is ₹613.69 per equity share, with a potential discount of up to 5%.
- The preliminary placement document was filed on June 24, 2026.
Ownership
Positive
2026-06-25 00:05
- Sterlite Technologies Limited announced the opening of its Qualified Institutional Placement (QIP) on June 24, 2026.
- The Floor Price for the QIP is fixed at ₹613.69 per Equity Share.
- The company may offer a discount of not more than 5% on the Floor Price.
Routine
Neutral
2026-06-18 20:45
New Filing detected. See link for details.
Governance
Positive
2026-06-17 18:55
- Sterlite Technologies Limited announced the results of its Postal Ballot, approved on June 16, 2026.
- Members approved the resolution to raise funds through Qualified Institutional Placement (QIP), External Commercial Borrowings (ECBs), and other instruments.
- The resolution passed with a significant majority, receiving 99.981% of votes in favour.
Business Update
Positive
2026-06-17 15:20
- CRISIL upgraded the credit rating outlook for Sterlite Technologies Limited to 'Stable' from 'Negative'.
- Various credit ratings, including Crisil AA-/Stable for long term facilities and Crisil A1+ for commercial paper, were reaffirmed.
Routine
Neutral
2026-06-03 10:18
- Sterlite Technologies clarified on June 03, 2026, regarding a significant increase in its share volume, in response to an NSE notice.
- The company stated it is not aware of any unpublished price sensitive information that could be influencing the scrip's price/volume behaviour.
Routine
Neutral
2026-05-26 17:20
New Filing detected. See link for details.
Business Update
Positive
2026-05-22 15:49
Order Win: Sterlite Technologies Limited's subsidiary secured a Product Award Letter from a hyperscale partner for multi-year supply of optical connectivity products for AI Data Centre build-outs. Order Value: ~USD 1.11 billion. Completion Timeline: Supplies starting from FY27 and continuing up to March 2029.
Ownership
Neutral
2026-05-15 22:21
On May 15, 2026, Sterlite Technologies Limited's Authorization and Allotment Committee allotted 35,097 equity shares to grantees who exercised options under the Company's Employee Stock Option Schemes (2010 and 2016). The existing share capital was 488,132,538, and after this allotment, the post-allotment share capital is 488,167,635 shares.
Governance
Positive
2026-05-15 18:24
Sterlite Technologies Limited has issued a Postal Ballot Notice to seek shareholder approval for raising up to ₹2,000 Crores. The funds can be raised through various instruments including 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. E-voting for this special resolution is scheduled from May 18, 2026, to June 16, 2026.
Routine
Neutral
2026-05-14 17:41
Sterlite Technologies Limited clarified a deficiency in their Standalone XBRL filing for the financial year ended March 31, 2026. The company stated that Earnings Per Share (EPS) figures were included in the Audited Standalone Financial Results but were inadvertently omitted from the XBRL submission due to a typographical oversight during the conversion process. The discrepancy has been rectified, and a revised XBRL instance file including the EPS data has been submitted.
Business Update
Positive
2026-05-13 19:31
Sterlite Technologies Limited informed that the Delhi High Court dismissed a petition to set aside an arbitral award against Bharat Sanchar Nigam Limited. This legal matter, concerning the demerged Global Services Business (now STL Networks Limited, effective March 31, 2025), means any contingent liability for this award pertains solely to STL Networks Limited and not Sterlite Technologies Limited.