NSEAllotment of Securities1 Jul 2026 · 1 Jul 2026, 11:45 am

Allotment of Securities

Sterlite Technologies Limited · STLTECH

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Sterlite Technologies Limited has informed the Exchange regarding allotment of 25,728,500 securities pursuant to Qualified Institution Placement at an issue price of ₹ 583.01 per Equity Share, aggregating to ₹ 1500 Crores.

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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Sterlite Technologies Limited has informed the Exchange regarding allotment of 25728500 securities pursuant to Qualified Institution Placement at its meeting held on July 01, 2026

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STLTECH_01072026114514_SE_Intimation-Allotment_of_securities-_July_01_2026_FINAL_signed.pdf

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www.stl.tech July 01, 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 Ref: Qualified institutions placement of equity shares of face value of ₹2 each (the “Equity Shares”) by the Company under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62(1)(c) of the Companies Act, 2013, including the rules made thereunder, each as amended (the “Issue”). Sub: Disclosure of the details of allotment in the Issue (as defined hereinafter) by Sterlite Technologies Limited (the “Company”) in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2015, as amended (the “SEBI Listing Regulations”) In continuation of our earlier letters dated June 24, 2026 and June 30, 2026 on the captioned subject we wish to inform you that, the Authorization and Allotment Committee of the Board (the “Committee”) has, at its meeting held today i.e. July 01, 2026 approved the issue and allotment of 2,57,28,500 Equity Shares to eligible qualified institutional buyers at an issue price of ₹ 583.01 per Equity Share (including a premium of ₹ 581.01 per Equity Share), which includes a discount of 5% of the floor price of ₹ 613.69 per Equity Share (amounting to ₹ 30.68 per Equity Share, as determined in terms of the SEBI ICDR Regulations), aggregating to ₹ 1500 Crores (Rupees One Thousand Five hundred Crores only), pursuant to the Issue. The Issue opened on June 24, 2026 and closed on June 30, 2026 and the same was intimated to you through our letters dated June 24, 2026 and June 30, 2026 respectively. Pursuant to the allotment of Equity Shares in the Issue, the paid- up equity share capital of the Company stands increased from ₹ 976,335,270/-, comprising of 488,167,635 Equity Shares to ₹ 1,027,792,270/- comprising of 513,896,135 Equity Shares. Further, please find attached herewith the list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A. The information as required under Regulation 30 of SEBI Listing Regulations read with Schedule – III part- A to the SEBI Listing Regulations and SEBI master circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities dated January 30, 2026, is as follows: Sterlite Technologies Limited Registered o ffice: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408 www.stl.tech Type of securities issued and Equity Shares allotted Type of issuance Qualified Institutions Placement Total no. of securities issued 25,728,500 Equity Shares at an issue price of ₹583.01 per Equity Share (including a premium of ₹581.01 per Equity Share), aggregating to ₹ 1500 Crores Total amount for which securities ₹ 1500 Crores issued The shareholding pattern of the Company, before and after the Issue, will be submitted along with the listing application in the format specified in Regulation 31 of the SEBI Listing Regulations. The meeting of the Committee commenced at 11.00 a.m. and concluded at 11.25 a.m. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations as amended. Thanking you. Yours faithfully, For Sterlite Technologies Limited Mrunal Asawadekar Company Secretary & Compliance Officer Membership No.: A 24346 Sterlite Technologies Limited Registered o ffice: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408 www.stl.tech ANNEXURE A LIST OF ALLOTTEES WHO HAVE BEEN ALLOTTED MORE THAN 5% OF THE EQUITY SHARES OFFERED IN THE ISSUE Categor Percentage PAN Percentag y (%) of No. of Clubbe e (PAN Sr shares Name of the Allottees Shares d Clubbed) No allotted to Allotted No of (5 %) and total issue Shares above size 1 HSBC MUTUAL FUND - HSBC 1,247,50 3,602,0 4.85% 14.00% SMALL CAP FUND MF 4 00 HSBC MUTUAL FUND - HSBC 664,263 2.58% AGGRESSIVE HYBRID FUND MF HSBC MUTUAL FUND - HSBC 249,220 0.97% INFRASTRUCTURE FUND MF HSBC MUTUAL FUND - HSBC 83,396 0.32% BUSINESS CYCLES FUND MF HSBC MUTUAL FUND - HSBC 1,066,69 4.15% LARGE CAP FUND MF 9 HSBC MUTUAL FUND - HSBC 290,918 1.13% BALANCED ADVANTAGE FUND MF 2 NOMURA INDIA INVESTMENT 3,602,00 3,602,0 14% 14% FUND MOTHER FUND 0 00 3 MOTILAL OSWAL SPECIAL 51,400 4,716,9 0.20% 18.33% OPPORTUNITIES FUND MF 00 MOTILAL OSWAL MIDCAP 4,665,50 18.13% FUND MF 0 4 OXBOW MASTER FUND FII 4,156,47 4,156,4 16.16% 16.16% LIMITED 6 7 6 5 TIMF HOLDINGS 3,602,00 3,602,0 14.00% 14.00% FII 0 00 6 BANK OF INDIA MID & SMALL 85,800 1,715,2 0.33% 6.67% CAP EQUITY & DEBT FUND MF 00 BANK OF INDIA MID CAP TAX MF 17,200 0.07% FUND SERIES 1 BANK OF INDIA MID CAP TAX MF 11,000 0.04% FUND SERIES 2 BANK OF INDIA SMALL CAP MF 497,400 1.93% FUND BANK OF INDIA FLEXI CAP MF 857,600 3.33% FUND BANK OF INDIA MULTI ASSET MF 85,800 0.33% ALLOCATION FUND BANK OF INDIA BUSINESS MF 91,800 0.36% CYCLE FUND BANK OF INDIA MID CAP FUND MF 68,600 0.27% Sterlite Technologies Limited Registered o ffice: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408