STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Change in Directorate
Board of Directors at its meeting held today, has approved re-appointment of Ms. Kumud Srinivasan (DIN 06487248) as an Independent Director for a period of two years from May 22, 2023 upto May 21, 2025, subject to the approval of shareholders at the ensuing AGM. FY23 Annual Result Announced for Sterlite Technologies Ltd.
Telecom Cables company Sterlite Technologies announced FY23 results: STL reported record revenues of Rs 6,925 crore, growing 27% over the previous year Impressive 29% and 51% growth in EBITDA and PAT respectively STL reported a strong 46% revenue growth in its Optical Business along with a 93% EBITDA increase, on the back of increased volumes and realisations, as well as significant growth in its focus markets. In India, STL worked with top telecom operators for their pan-India fibre rollouts, winning orders worth ~Rs 1,000 crore Commenting on the company’s annual performance, Ankit Agarwal, Managing Director, STL said “Last year we sharpened our focus and set out on the path to be among the world top 3 companies in the Optical business. I am delighted to see our focused strategy yield strong results for the company. The industry continues to show significant long-term growth and we are excited about co-creating meaningful solutions with our customers. We believe that, going forward, our strong leadership, customer focus, technology innovation, and sustainability will be the cornerstones of our success." Result PDF STERLITE TECHNOLOGIES LTD. - 532374 - Corporate Action-Board approves Dividend
Recommendation of final dividend of 50% (Rs. 1.00/- per Equity Share of Rs. 2/- each of the Company) for approval by the shareholders of the Company. The final dividend, if declared at the Annual General Meeting, (the 'AGM') will be paid within the statutory time limits. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Raising of Funds
Subject to the approval of the shareholders of the Company at the ensuing AGM, and subject to such regulatory/statutory approvals as may be required, the Board at its meeting today, also approved, raising of funds, inter alia, by issue of equity shares, any financial instruments and/or security convertible into-equity shares, combination of such securities by way of one or more public and/or private offerings, qualified institutions placements and/or preferential allotments and/or rights offering or any combination thereof or any other method in accordance with the provisions of applicable laws, for an aggregate consideration of up to Rs. 1000 crores. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Dividend Updates
Recommendation of final dividend of 50% (Rs. 1.00/- per Equity Share of Rs. 2/- each of the Company) for approval by the shareholders of the Company. The final dividend, if declared at the Annual General Meeting, (the 'AGM') will be paid within the statutory time limits. STERLITE TECHNOLOGIES LTD. - 532374 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of board meeting held on 17 May 2023 STERLITE TECHNOLOGIES LTD. - 532374 - Outcome Of Board Meeting - Audited Financial Results (Standalone And Consolidated) Of The Company For The Financial Year Ended March 31, 2023
Outcome of Board Meeting - Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended March 31, 2023. STERLITE TECHNOLOGIES LTD. - 532374 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform that the Authorization and Allotment Committee of the Board of Directors of the Company at its meeting held on May 12, 2023, has allotted equity shares to those grantees who had exercised their options under the Company''s Employee Stock Option Scheme - 2010. We hereby confirm that the aforesaid shares will rank pari passu with the existing shares of the Company in all respects. 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 certificates and issue of duplicate share certificates received by us from the below named shareholders through RTA, i.e. Kfin Technologies Limited (copy enclosed) on May 12, 2023