STERLITE TECHNOLOGIES LTD. - 532374 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to above referred regulation and SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019, we are submitting herewith the Annual Secretarial Compliance Report of the Company issued by Jayavant B Bhave, Practising Company Secretary, for the financial year ended March 31, 2023. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CRISIL has changed outlook on the ratings of the Company from "negative" to "Watch Developing". Details of the ratings are enclosed. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
In furtherance of our letters dated May 04, 2023 and May 18, 2023 respectively, please find enclosed transcript of earnings call held on May 17, 2023 in respect of Company's Q4 FY23 financial results. The same is also being hosted on the website of the Company and is available under the tab 'FINANCIAL RESULTS- INVESTOR EARNINGS TRANSCRIPT' drop down available at https://www.stl.tech/downloads.html#qiect STERLITE TECHNOLOGIES LTD. - 532374 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are forwarding the details of information for loss of share certificate and issue of duplicate share certificate received by us from the below named shareholders through RTA, i.e. Kfin Technologies Limited (copy enclosed) on May 22, 2023.
Buy Sterlite Technologies; target of Rs 210: YES Securities
YES Securities is bullish on Sterlite Technologies has recommended buy rating on the stock with a target price of Rs 210 in its research report dated May 17, 2023. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In furtherance of our letter dated May 04, 2023, informing the Exchanges regarding earnings call in respect of the Company's Q4 FY23 results, we wish to inform that the said earnings call was held on May 17, 2023. The video recording of the earnings call has been hosted on the website of the Company and the same is available under the tab 'FINANCIAL RESULTS -QUARTER 4-INVESTOR EARNINGS CALL WEBCAST' available at https://www.stl.tech/downloads.html#qip
Sterlite Tech posts Rs 65 cr net profit in Q4
The consolidated revenue from operations of Sterlite Technologies (STL) stood at Rs 1,872 crore during the reported quarter. STERLITE TECHNOLOGIES LTD. - 532374 - Disclosure Of Related Party Transactions - Regulation 23(9) For The Half Year Ended March 31, 2023
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith disclosure of related party transactions, for the half year ended March 31, 2023. The same is being published on the website of the Company and is available under the tab 'REPORTS AND FILINGS' drop down available at https://www.stl.tech/downloads.html#qfreport STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
6. Pursuant to Regulation 23(6) of the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended vide the SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023, and read with Regulation 15(1)(e) of SEBI (Debenture Trustees) Regulations, 1993, the companies issuing listed debt securities shall incorporate suitable provisions in their Articles of Association (AOA) to cast obligation on the Board of Directors to appoint the person nominated by their Debenture Trustee(s) ('DT') as a Director in the event of default as per the terms of agreement. Accordingly, to incorporate the aforementioned requirement, the Board has approved the amendment in the AOA and granted its consent to insert a clause for enabling appointment of a person nominated by the DT as a Director in the event of default. The Amendment is subject to the approval of the shareholders of the Company by way of a Special resolution. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
5. Subject to, inter-alia, receipt of approvals from the shareholders and creditors of the Company, as may be directed by the National Company Law Tribunal, Mumbai Bench ('NCLT'), BSE, NSE, Securities and Exchange Board of India ('SEBI') and approval of other regulatory or statutory authorities as may be required, based on the recommendation of the Audit Committee, considered and approved to restructure the business of the Company by way of Scheme of Arrangement ('Scheme') whereby the Global Services Business ('GSB' or 'Demerged Undertaking') will be demerged into STL Networks Limited ('Resulting Company'), a wholly owned subsidiary of the Company, on a going concern basis, under the provisions of Section 230 to 232 of the Companies Act, 2013. Pursuant to the Scheme, the Resulting Company will be listed on the BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE').