Sterlite Technologies files audited financial statements for FY26

0 min read     Updated on 18 Jun 2026, 09:28 PM
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Sterlite Technologies Ltd filed its audited standalone and consolidated financial statements for the financial year ended March 31, 2026, on June 18, 2026. The Board approved the results on April 29, 2026, and the filings are subject to shareholder adoption at the upcoming Annual General Meeting.

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Sterlite Technologies Ltd filed its audited standalone and consolidated financial statements for the financial year ended March 31, 2026, with the National Stock Exchange of India Limited and BSE Limited on June 18, 2026. The company disclosed that the Board of Directors had approved these financial results during its meeting held on April 29, 2026. The filing includes the audit reports issued by the Statutory Auditor for the respective financial statements.

The submitted documents cover the audited financial performance for the full year, encompassing both standalone and consolidated figures. The company noted that these financial statements remain subject to adoption by the shareholders at the ensuing Annual General Meeting. The intimation was formally communicated by Mrunal Asawadekar, Company Secretary & Compliance Officer.

Key Details of the Filing

Detail Information
Company Name Sterlite Technologies Limited
Scrip ID (NSE) STLTECH
Scrip Code (BSE) 532374
Financial Year Ended March 31, 2026
Board Approval Date April 29, 2026
Filing Date June 18, 2026
Auditor Statutory Auditor

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.10%+15.12%+55.10%+584.18%+525.87%+147.11%

What are the key growth drivers Sterlite Technologies anticipates for the upcoming fiscal year based on these results?

How might the adoption of these financial statements at the Annual General Meeting influence shareholder sentiment and dividend policies?

What strategic capital allocation plans does the Board intend to pursue following the approval of the audited results?

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Sterlite Technologies shareholders approve fund raising via QIP, ECBs

1 min read     Updated on 18 Jun 2026, 12:40 AM
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Sterlite Technologies Limited received shareholder approval to raise funds through instruments like QIP, ECBs, and FCCBs. The postal ballot saw 59.19% participation, with the resolution passing with 99.98% support. The scrutinizer's report confirmed the results, which have been filed with the exchanges.

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Sterlite Technologies Limited has secured shareholder approval to raise funds through a mix of equity and debt instruments, including Qualified Institutional Placement (QIP), External Commercial Borrowings (ECBs), and convertible securities. The special resolution, which authorizes the company to pursue these avenues under Section 62 of the Companies Act, 2013, received overwhelming support with 99.98% of valid votes cast in favour.

The postal ballot process, conducted via remote e-voting from May 18, 2026, to June 16, 2026, saw participation from 761 members holding 28,89,39,003 shares. This represented approximately 59.19% of the total outstanding shares of the company. The scrutinizer's report confirmed that the resolution passed with the requisite majority, as votes in favour significantly exceeded three times the votes cast against.

Voting Breakdown

The approval was driven by strong backing from the promoter group and institutional investors. The following table details the voting patterns across different shareholder categories:

Shareholder Category Shares Held Votes Polled Votes in Favour Votes Against % in Favour
Promoter and Promoter Group 21,70,13,887 21,19,25,847 21,19,25,847 Nil 100.000
Public-Institutional holders 11,75,23,956 7,60,96,701 7,60,63,205 33,496 99.956
Public-others 15,35,94,695 9,16,455 8,94,035 22,420 97.554
Total 48,81,32,538 28,89,39,003 28,88,83,087 55,916 99.981

Procedural Details

Mr. B Narasimhan, Proprietor of BN & Associates, served as the scrutinizer for the postal ballot. The e-voting facility was provided by KFin Technologies Limited, the Registrar and Share Transfer Agent. The total number of members on the record date of May 8, 2026, was 2,31,110. While 2,12,740 members received the communication via email, public notices were also published in newspapers to ensure wider participation.

The company stated that the results would be displayed on its website and at the registered office in Pune. The filing was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.10%+15.12%+55.10%+584.18%+525.87%+147.11%

What specific capital allocation priorities will Sterlite Technologies target with the newly approved funding mix?

How will the issuance of convertible securities and ECBs impact the company's existing debt-to-equity ratio?

What is the anticipated timeline for launching the Qualified Institutional Placement (QIP) following this shareholder approval?

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1 Year Returns:+525.87%