BSEOthers2d ago · 3 Sept 2026, 05:22 pm
Outcome of Board Meeting of the Company held on September 3, 2026.
Sterlite Technologies Ltd · 532374
✦ AI Summary▲ PositiveExpansion
Sterlite Technologies Ltd has announced the outcome of its board meeting, where it approved a capex/capacity addition in its existing manufacturing facility to cater to the growing demand for optical fiber cables and connectivity globally. The proposed capacity addition is expected to increase by approximately 50% over the existing installed manufacturing capacity by the end of FY29, requiring an investment of around ₹3,000 crores, which will be financed through internal accruals and/or debt.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
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Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment9/10
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Sterlite Technologies Ltd - 532374 - Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On September 3, 2026.
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www.stl.tech
September 3, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Plot No. C-1, G Block, Dalal Street,
Bandra Kurla Complex, Bandra (East) Mumbai - 400 001.
Mumbai - 400 051.
Scrip Code – 532374
Scrip ID - STLTECH
Sub.: Outcome of Board Meeting - Disclosure under Regulations 30 and other applicable
provisions of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”)
Dear Sir/ Madam,
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors
of Sterlite Technologies Limited (the “Company”), at its meeting held today i.e. September 3, 2026,
has, inter alia, considered and approved the Capex/ capacity addition in the existing manufacturing facility
of the Company in view of the demand for Optical Fiber Cables and connectivity business globally.
The requisite disclosures, pursuant to Schedule III under Regulation 30 of the SEBI Listing Regulations
read with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026 are enclosed herewith in Annexure I.
The meeting commenced at 3:00 pm and concluded at 3:50 pm.
We request you to take the aforesaid on records. Thank you.
Yours faithfully,
For Sterlite Technologies Limited
Mrunal Asawadekar
Company Secretary & Compliance Officer
Membership No.: A 24346
Sterlite Technologies Limited
R egistered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India.
CIN - L31300PN2000PLC202408
www.stl.tech
Annexure I
Details with respect to Capacity Addition in existing manufacturing of the Company as per Regulation 30 of
the SEBI Listing Regulations read with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026.
Sr. Particulars Description
1. Existing capacity Not disclosed considering the commercially
sensitive and competitive nature of the
information
2. Existing capacity utilization ~ 70%
3. Proposed capacity addition Approximately 50% increase over the existing
installed manufacturing capacity.
4. Period within which the proposed capacity By end of FY29
is to be added
5. Investment required ~ ₹3,000 crores
6. Mode of financing Internal accruals and/or debt
7. Rationale To cater to anticipated growth in demand and
strengthen the Company's manufacturing
capabilities
Sterlite Technologies Limited
R egistered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India.
CIN - L31300PN2000PLC202408