STL Networks Limited has accepted the resignation of Meenal Bansal, who served as its Company Secretary and Compliance Officer. Bansal tendered her resignation on July 30, 2026, effective from the close of business hours on September 08, 2026. The company disclosed the change in key managerial personnel to the Bombay Stock Exchange and National Stock Exchange of India Limited, noting that the departure is due to personal reasons.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026. Gopal Rastogi, Chief Financial Officer of STL Networks Limited, signed the intimation submitted to the exchanges.

Resignation Details

Bansal held the designation of Key Managerial Personnel at the company. Her resignation letter, addressed to Chandrasekhara Battula, stated that she was stepping down to pursue career opportunities outside the organization. She expressed gratitude to the Board of Directors, senior management, and colleagues for their support during her tenure.

The company confirmed that the disclosure would also be hosted on its website. No immediate replacement has been announced in the filing.

STL Networks Limited has successfully received a favourable order from the Office of the Joint Commissioner CGST & CX, Haldia Commissionerate, setting aside a previous tax demand. The order, dated February 26, 2026, nullifies a demand for an aggregate amount of ₹6.06 crore, providing relief to the company regarding a disputed tax liability.

The company received the intimation regarding this order on July 15, 2026. The development was disclosed to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order number associated with this decision is ZD350226000316X.

The tax demand originally pertained to the Global Services Business vertical of Sterlite Technologies Limited. This vertical was demerged into STL Networks Limited with effect from the close of business hours on March 31, 2025. Consequently, the notice was issued in the name of Sterlite Technologies Limited, though the liabilities and proceedings now rest with the demerged entity.

STL Networks Limited clarified that the favourable order has no material impact on its financial position. The company confirmed that there is no quantifiable monetary effect on its financials, operations, or other activities as a result of this order.