Sterlite Technologies Limited has re-appointed Mr. Ankit Agarwal as Executive Director for a 60-month term effective October 2026. Additionally, Ms. Anshu Mordia has been appointed as Chief Human Resource Officer effective April 29, 2026. These leadership updates aim to strengthen the company's organizational capability and people strategy.
Sterlite Technologies Limited has re-appointed Mr. Ankit Agarwal as Executive Director (MD) for a five-year term effective October 2026. Additionally, the company appointed Ms. Anshu Mordia as Chief Human Resource Officer effective April 29, 2026, to lead its global people strategy and organizational transformation.
Sterlite Technologies (STL) reported FY26 revenue of ₹4,745 Crore and approved a fresh fundraise of up to ₹2,000 Crore through various equity instruments. The Board did not recommend a dividend for the fiscal year. These decisions reflect a focus on capital allocation and strengthening the balance sheet for future growth.
Sterlite Technologies' board approved the re-appointment of Mr. Ankit Agarwal as Managing Director for five years effective October 2026. Ms. Anshu Mordia was appointed as Chief Human Resource Officer effective April 29, 2026. The board also approved the audited financial results for the quarter and year ended March 31, 2026.
Sterlite Technologies' board approved raising up to ₹2000 Crore through equity or equity-linked instruments. The company reported FY26 revenue of ₹4,745 Crore and EBITDA of ₹628 Crore, driven by strong AI-led data centre demand and a record order intake.
Sterlite Technologies Limited granted 32,151 stock options to employees under its ESOP 2016 scheme at an exercise price of Rs. 2 per option. These options vest over three years and can be exercised within five years from the vesting date.
Execution
Vesting over 3 years; exercise period of 5 years from vesting
STL reported Q3 FY26 revenue of INR 1,257 Cr and EBITDA of INR 129 Cr (10.3% margin). Strategy focuses on AI-led data center expansion and scaling optical connectivity.
Sterlite Technologies Limited has scheduled a board meeting for April 29, 2026, to consider audited yearly financial results, a final dividend, and potential fund raising. The trading window for designated persons remains closed from April 1 to May 1, 2026.
Sterlite Technologies Limited has scheduled a Board Meeting on April 29, 2026. The board will consider audited financial results for FY26, recommend a final dividend, and approve a proposal for fund raising through equity or other instruments. The trading window remains closed from April 1 to May 1, 2026.
Sterlite Technologies Limited (STL) launched 'Neuralis', a high-performance data center connectivity portfolio, in the United States. Introduced at Data Center World 2026, the suite features ultra-high-density cabling and rollable ribbon fibers designed for AI-ready infrastructure. The launch establishes STL as a vertically integrated partner for US-based hyperscalers and GPU cluster operators.
Blue Daimond Properties Pvt Ltd sold 16,47,833 shares of Sterlite Technologies Ltd in the open market between April 15 and April 17, 2024. This 0.34% stake sale reduced the entity's total holding to 4.96%. As a non-promoter transaction, it represents a significant institutional or large-holder equity exit.
Sterlite Technologies Limited has reported the cessation of Saumya Mondal from their position effective April 12, 2026, due to their demise. This notification is part of the company's regulatory compliance regarding changes in key personnel.
Sterlite Technologies Limited informed the exchanges about the sad demise of Mr. Saumya Mondal on April 12, 2026. Mr. Mondal served as the Interim Chief Human Resource Officer and was considered Senior Management Personnel. The company expressed deep condolences to his family regarding this unfortunate event.
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