Sterlite Technologies appoints Lakshmi Iyer as Chief M&A officer

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Lakshmi Iyer appointed as Chief M&A, Investor Relations and Capital Markets Strategy Officer
  • Effective date of appointment is September 23, 2026
  • Iyer previously headed Strategic Finance at Tata Power Ltd
  • She has executed over $18 billion in transactions globally
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Sterlite Technologies appointed Lakshmi Iyer as Chief M&A, Investor Relations and Capital Markets Strategy Officer effective September 23, 2026. The appointment was approved by the Board of Directors on September 22, 2026.

Appointment details

The role is classified as Senior Management Personnel. The appointment follows the recommendation of the Nomination and Remuneration Committee. The term of appointment is not applicable.

Professional background

Iyer is a senior finance leader with extensive global experience across leading conglomerates. Her career includes roles at Tata Power, Sterlite Technologies, GMR, Essar, ETA/AI Ghurair, and HCL Technologies. She has driven complex M&A deals, capital allocation strategies, and corporate restructurings across APAC, Europe, MEA, and North America.

Key achievements and education

  • Executed over $18 billion in transactions across energy, core infrastructure, industrials, and technology sectors.
  • Held the position of Head of Strategic Finance at Tata Power Ltd in her most recent role.
  • Holds a degree in Chemical Engineering from the Institute of Chemical Technology (ICT), Mumbai.
  • Completed an MBA from SDA Bocconi (Italy) with an exchange program at The Wharton School.
  • Completed the Executive Program in Leadership and General Management at Columbia Business School.

Regulatory compliance

The company filed the intimation with the National Stock Exchange of India Limited and BSE Limited under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The approval was received at 6:12 pm IST.

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.51%+4.40%+36.18%+393.10%+591.48%+331.01%

How will Lakshmi Iyer's $18 billion transaction experience specifically influence Sterlite Technologies' upcoming M&A pipeline in the optical fiber and digital infrastructure sectors?

What impact might Iyer's dual focus on Investor Relations and Capital Markets have on Sterlite Technologies' valuation multiples and institutional investor engagement in the coming fiscal year?

Given her background at Tata Power and GMR, how might Iyer's appointment signal a strategic shift toward larger-scale energy or industrial infrastructure partnerships for Sterlite Technologies?

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Sterlite Technologies secures OFNP US certification for AI data center fiber

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Sterlite Technologies secured OFNP US certification for its fiber trunk assemblies
  • The products comply with NFPA 262 standards for indoor air-handling spaces
  • The portfolio includes 48 to 576F Intermittently Bonded Ribbon (IBR) assemblies
  • The certification targets AI data center infrastructure and hyperscale deployments
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Sterlite Technologies has secured Optical Fiber Nonconductive Plenum (OFNP) US certification for its high-density fiber trunk assemblies, strengthening its position in the AI data center infrastructure market.

Certification and product details

On September 10, 2026, Sterlite Technologies Limited announced that its 48 to 576F Intermittently Bonded Ribbon (IBR) pre-terminated assembly portfolio now holds OFNP US certification. This certification confirms compliance with NFPA 262 standards for indoor cable assemblies, qualifying the products for use in air-handling spaces within buildings.

The certified assemblies are factory-built, with connectors installed, polished, and tested for high performance. This approach eliminates the need for field splicing and specialized equipment, facilitating faster installation and reduced costs for operators.

Parameter Details
Product type Plenum-rated fiber trunk assemblies
Certification Optical Fiber Nonconductive Plenum (OFNP) US
Compliance Standard NFPA 262
Fiber Count Range 48 to 576F
Technology Intermittently Bonded Ribbon (IBR)
Target Application AI data center connections

Market positioning and deployment

The plenum-certified cable assembly portfolio is designed for indoor applications within hyperscale, colocation, and enterprise data center containment zones. The cables are optimized for tight routing environments, allowing operators to scale bandwidth within restricted duct spaces without compromising safety compliance.

With this certification, Sterlite Technologies joins global providers of NFPA 262-qualified indoor cable assemblies. The products address the connectivity demands of AI-driven data center buildouts, where fiber infrastructure supports high-speed, high-bandwidth network architectures.

Dr. Badri Gomatom, Chief Technology Officer of the Optical Networking Business at Sterlite Technologies, stated that achieving plenum certification for the indoor IBR cable family reflects the company's engineering excellence. He noted that as AI workloads push data center design boundaries, the physical layer must evolve to meet unprecedented density and safety demands.

Strategic context

The launch underscores Sterlite Technologies' focus on AI-ready digital infrastructure. By offering solutions that meet stringent fire-safety standards applicable to data center deployments, the company targets the growing segment of structured cabling requirements in next-generation facilities.

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.51%+4.40%+36.18%+393.10%+591.48%+331.01%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How might Sterlite's OFNP certification impact its competitive standing against global rivals like Corning or CommScope in the US hyperscale data center market?

What is the projected timeline for Sterlite Technologies to see significant revenue contribution from these newly certified IBR assemblies?

Will this certification enable Sterlite to bid for major contracts with US-based AI infrastructure providers like NVIDIA or Microsoft Azure?

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1 Year Returns:+591.48%