Sterlite Technologies announced a transition to 100% green power across its key Indian manufacturing facilities on August 27, 2026. The company also integrated green hydrogen into its glass production process.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Decarbonisation Initiatives

Sterlite Technologies has shifted electricity sourcing for four manufacturing plants in Chhatrapati Sambhaji Nagar, Maharashtra, from conventional grid power to renewable sources. This transition, enabled by Maharashtra State Electricity Distribution Company Limited (MSEDCL), is expected to deliver a 65% market-based scope 2 emission reduction in optical fibre and optical cable plants.

Additionally, the company has integrated 100% green hydrogen into its glass manufacturing operations. This addresses a historically energy-intensive stage of the optical fibre value chain that previously relied on conventionally produced hydrogen and oxygen.

Product Impact

These operational changes have directly impacted the carbon footprint of Sterlite Technologies' G.657.A2 optical fibre. The emissions for this product have fallen from 4.7 kg CO2e per fibre kilometre to 0.9 kg CO2e/fkm, representing an 80% reduction.

Corporate Mobility

Sterlite Technologies updated its corporate mobility policy to incentivize low-carbon vehicle adoption. Enhanced limits and incentives are now available for employees opting for electric and hybrid vehicles under the Company Car Policy. This aims to lower the company's scope 3 operational carbon footprint.

Rahul Puri, CEO of ONB at Sterlite Technologies, stated that the combination of renewable energy, green hydrogen, and eco-labelled product innovation supports the company's net-zero ambitions.

Motilal Oswal Mutual Fund schemes increased their stake in Sterlite Technologies to 7.6611% of the voting capital following recent open market purchases.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated August 21, 2026, reports that the mutual fund's various schemes added 47,16,484 shares carrying voting rights to their existing portfolio.

Acquisition Details

The transaction took place on July 19, 2026, through market transactions. Prior to this acquisition, the Motilal Oswal Mutual Fund schemes held 3,90,38,123 shares, representing 7.5965% of the total voting capital. The additional purchase of 3,32,029 shares (as per the specific acquisition line item) contributed to the overall increase in the aggregate holding reported in the disclosure format.

The eight schemes involved in the acquisition include the Motilal Oswal Midcap Fund, Flexi Cap Fund, ELSS Tax Saver Fund, Large and Midcap Fund, Nifty Microcap 250 Index Fund, Active Momentum Fund, Special Opportunities Fund, and BSE 1000 Index Fund.

Shareholding Structure

Sterlite Technologies Limited has a total equity share capital of 51,38,96,135 shares with a face value of ₹2 each. The total diluted share capital stands at 56,17,53,418 shares. The acquirer is not part of the promoter or promoter group.

What the Numbers Show

The incremental stake addition of 0.0647% indicates continued institutional confidence in the telecom infrastructure company. The acquisition across multiple fund categories, ranging from large-cap to micro-cap index funds, suggests broad-based portfolio rebalancing rather than a concentrated bet by a single strategy.