General Updates

September 11, 2026 Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Dalal Street, C-1, Block G, Bandra -Kurla Complex Mumbai – 400001 Bandra (East), Mumbai- 400051 Scrip Code: 544395, 977344 and 977517 Scrip Symbol: STLNETWORK Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Proposed incorporation of a Wholly Owned Subsidiary (“WOS”) Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Authorisation and Allotment Committee of the Board of Directors of STL Networks Limited (the “Company”) at its meeting held on today i.e., September 11, 2026, has approved the incorporation of a Wholly Owned Subsidiary (“WOS”), to establish, acquire, own, operate, manage and market data centre & telecommunication infrastructure, data centre solutions and connectivity services; obtain and maintain all requisite licences, approvals and authorisations from the Department of Telecommunications and other regulatory authorities; and carry on the business of providing integrated data centre and connectivity solutions, including all incidental and ancillary activities, with a focus on operational flexibility, scalability and growth in the digital infrastructure and telecommunications sector. The proposed WOS will be in the nature of a Company limited by shares, duly incorporated under the provisions of the Companies Act, 2013. The details in respect of the incorporation of WOS, as required to be disclosed under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, is set out below in Annexure – A. The Committee Meeting commenced at 11:30 AM (IST) and concluded at 12:00 Noon (IST) Request you to kindly take this on your record Thanking You, For STL Networks Limited Gopal Rastogi Chief Financial Officer Annexure-A Details required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular S. Details Disclosure 1. Name of the entity, date Name of the entity and Date of incorporation: Not applicable & country of as entity is yet to be incorporated. incorporation, etc.; Proposed country of incorporation: India 2. Name of holding The entity proposed to be incorporated will be a Wholly company of the Owned Subsidiary (“WOS”) of STL Networks Limited. incorporated company and relation with the listed entity; 3. Industry to which the Digital infrastructure and Telecommunications sector entity being incorporated belongs 4. Brief background about The WOS is proposed to be incorporated with the primary the entity incorporated in objective establish, acquire, own, operate, manage and market terms of products / line data centre & telecommunication infrastructure, data centre of business; solutions and connectivity services; obtain and maintain all requisite licences, approvals and authorisations from the Department of Telecommunications and other regulatory authorities; and carry on the business of providing integrated data centre and connectivity solutions, including all incidental and ancillary activities, with a focus on operational flexibility, scalability and growth in the digital infrastructure and telecommunications sector. 5. Brief details of any Approval for incorporation from the Registrar of Companies governmental or (“ROC”) under the Companies Act, 2013. regulatory approvals required for the incorporation; 6. Nature of consideration - Cash consideration. STL Networks Limited shall subscribe to whether cash 100% of the initial paid-up share capital of the WOS in cash. consideration or share swap and details of the same; 7. Cost of subscription / The shares shall be subscribed at face value of INR 2/- per price at which the shares share. are subscribed; 8. Percentage of 100% control (Wholly Owned Subsidiary). shareholding / control by the listed entity and / or number of shares allotted.