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:

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.

Ankit Agarwal has confirmed to the National Stock Exchange of India Limited and BSE Limited that he has not created any encumbrance, directly or indirectly, on his shareholding in Sterlite Technologies Limited during the financial year 2025-26. The disclosure, dated April 1, 2026, was submitted in compliance with regulatory requirements regarding substantial acquisition of shares and takeovers.

The confirmation was provided pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosures regarding any encumbrance created by a substantial acquirer on their shareholding in the target company.

In his communication addressed to the exchanges and the Audit Committee of Sterlite Technologies Limited, Agarwal stated that no new encumbrances have been made other than those already disclosed during the financial year 2025-26, if any. The confirmation serves to update the regulatory records regarding the status of his shareholding.

The disclosure was signed and submitted from Mumbai on April 1, 2026. The document was also copied to the Audit Committee of Sterlite Technologies Limited, located in Pune, Maharashtra, for their records and necessary action.