Sterlite Technologies Limited
Code: STLTECH | Category: Demerger
Type: Scheme of Arrangement
Document Timeline (4 versions)
Original
May 02, 2025Version 2
April 10, 2025Version 3
February 19, 2025Version 4
March 31, 2025Version 4 Details
| Announcement Date: | March 31, 2025 |
|---|
Demerger Information
| Resulting Entity: | STL Networks Limited |
|---|---|
| Demerged Business: | Global Services Business - engaged in system integration telecom network solutions and laying/developing private network infrastructure. |
| Remaining Business: | Sterlite Technologies Limited |
| Demerger Ratio: | 1:1 |
| Listing Exchange: | BOTH |
| Record Date: | 2025-04-24 |
| Appointed Date: | 2025-02-14 |
| Effective Date: | 2025-03-31 |
| Board Approval: | 2023-05-17 |
| NCLT Approval: | 2025-02-14 |
| Status: | Effective |
Rationale
To enable focused managements to explore potential business opportunities more effectively and efficiently in their respective business.
Document
View PDF https://nsearchives.nseindia.com/corporate/STLTECH_31032025193920_SE_Disclosure-_Effective_date_updated_signed.pdfDocument
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