Allotment of Securities

June 20, 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: Allotment of Warrants to Twin Star Overseas Limited, Promoter of the Company on a Preferential basis by way of Private Placement Dear Sir/ Madam, In continuation to our letter dated April 18, 2026 and May 19, 2026 and pursuant to the provisions of Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“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., June 20, 2026, has approved the allotment of 4,50,00,000 (Four crores and Fifty Lacs) warrants each at a price of Rs. 24 (Rupees Twenty-Four only) (including the warrant subscription price and exercise price) payable in cash (“Warrant”), aggregating up to Rs. 108,00,00,000 (Rupees One Hundred and Eight Crore Only). Each Warrant is convertible into, or exchangeable for 1 (One) equity share of the Company of face value Rs. 2 (Rupees Two only) at a premium of Rs. 22 (Rupees Twenty- Two only) per share. These Warrants may be exercised in one or more tranches during the period commencing from the date of allotment of the Warrants until expiry of 18 (Eighteen) months, as per the details set forth below: Name of Category Number of Price at Paid-up Consideration Allottee warrants which the value per received as on allotted warrants warrant (in the date of are issued ₹)* (at least allotment (in (in ₹) (per 25% of the ₹) warrant) price at which the warrants are issued) Twin Star Promoter 4,50,00,000 24 6 27,00,00,000 Overseas Limited * The Warrant holder will be required to make further payment of Rs. 18/- (Rupees Eighteen Only) for each Warrant, which is equivalent to 75% (seventy five percent) of the Warrants Issue Price at the time of exercise of the right attached to Warrant(s) to subscribe to equity share(s). The above allotment of securities has been made pursuant to the resolutions passed by the Board of Directors on April 18, 2026 and the Shareholders of the Company on May 19, 2026 in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable rules/ regulations / guidelines, if any, prescribed by any other regulatory or statutory authorities and on receipt of requisite in-principle approvals from the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited both on June 19, 2026. The equity shares allotted upon conversion of the Warrants shall be listed on BSE Limited and National Stock Exchange of India Limited where the existing equity shares of the Company are listed and shall rank pari passu with the existing Equity Shares of the Company in all respects. The details in respect of the preferential issue, as required to be disclosed under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Master Circular is set out below in Annexure – A. Request you to kindly take this on your record Thanking You, For STL Networks Limited Meenal Bansal Company Secretary and Compliance Officer Membership No.- ACS 35091 Annexure-A Details required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular S. Details Disclosure 1. Type of securities Convertible warrants proposed to be issued 2. Type of issuance Preferential issue 3. Total number of Up to 4,50,00,000 (Four Crores Fifty Lakhs) warrants each at securities proposed to be a price of Rs. 24 (Rupees Twenty-Four only) (including the issued or the total warrant subscription price and exercise price) payable in cash amount for which the (“Warrant”), aggregating up to Rs. 108,00,00,000 (Rupees securities will be issued One Hundred and Eight Crore Only). Each Warrant is convertible into, or exchangeable for 1 (One) equity share of the Company of face value Rs. 2 (Rupees Two only) at a premium of Rs. 22 (Rupees Twenty-Two only) per share. 4. Additional Information in case of preferential issue: a. Name of investor Twin Star Overseas Limited (“Allottee”). b. Post allotment of Warrants are allotted to the following Allottee. Details of the securities outcome of shareholding of the Allottee in the Company, prior to and after the subscription the proposed preferential issue, are as under: Particulars Pre- Post-Allotment of (Name of Preferential Warrants pursuant to the Allotment the Preferential Issue Investors) Twin Star 20,94,02,750 25,44,02,750 Shares Overseas Shares [47.73] % Limited [42.91%] Note: including 4,50,00,000 warrants on a fully diluted basis post-allotment. Issue Price/ allotted Rs. 24 (Rupees Twenty Four only) per warrant (including the price (in case of warrant subscription price and exercise price) convertibles) Number of Investors 1 (One) c. In case of Convertibles Each Warrant will be convertible into, or exchangeable for 1 intimation on conversion (One) fully paid-up equity share of the Company of face value of securities or on lapse of Rs. 2 (Rupees Two only), which may be exercised in one or of the tenure of the more tranches during a period of 18 (eighteen) months instrument commencing from the date of allotment of the Warrants. In the event the Allottee does not exercise the Warrants within the aforesaid period, the unexercised Warrants shall lapse and the amount paid by the Allottee on the unexercised Warrants shall stand forfeited.