BSECompany Update3d ago · 24 Jul 2026, 03:12 pm

Statement of deviation in the use of proceeds raised through preferential issue for quarter ended June 30, 2026

Sterlite Technologies Ltd · 532374

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Sterlite Technologies Ltd has filed a statement of deviation in the use of proceeds raised through a preferential issue for the quarter ended June 30, 2026, stating that there is no deviation or variation in the utilisation of these proceeds.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Sterlite Technologies Ltd - 532374 - Regulation 32 - Statement Of Deviation Of Issue Proceeds

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www.stl.tech July 24, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phirozee Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai - 400 051. Scrip ID - STLTECH Scrip Code – 532374 Sub.: Statement of deviation or variation in the use of proceeds raised through Preferential Issue Dear Sir/Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby confirm that there is no deviation or variation in the use of proceeds raised through Preferential Issue of Warrants from the objects stated in the EGM Notice for Preferential Issue. A statement confirming that there is no deviation or variation in the utilisation of these proceeds for the quarter ended June 30, 2026 is enclosed herewith as “Annexure A”. Kindly take this declaration on record. Thanking you. Yours sincerely, 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 A Statement of Deviation / Variation in utilisation of funds raised Name of listed entity Sterlite Technologies Limited Mode of Fund Raising Warrants convertible into Equity Shares on Preferential Basis Date of Raising Funds March 30, 2026 (Being date of allotment) Amount Raised Rs. 1,24,57,50,000 (25% of the price at which the warrants are issued) Report filed for Quarter ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CARE Ratings Limited Is there a Deviation / Variation in use of funds No raised If yes, whether the same is pursuant to change Not Applicable in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review No Comments of the auditors, if any No Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original Object Modified Original Funds Amount of Remarks Object, if Allocation Utilised* Deviation/Variation if any any for the quarter according to applicable object Repayment/ Servicing of Not 373.73 113.3 Not Applicable - financial facilities availed Applicable Crores by the Company General Corporate Not 124.57 13.28 Not Applicable - Purposes Applicable Crores *The Company has received Rs. 124.57 crore i.e., 25% of the Warrant Issue Price (Rs.110/-per Warrant) at the time of subscription in Q4FY26, i.e. till March 31, 2026. No funds are received during Q1FY27. Amount mentioned under 'Fund utilized' is overall utilization of funds till quarter ended June 30, 2026. And no amount was utilized during the current quarter June 30, 2026. Sterlite Technologies Limited R egistered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408