STL Networks Limited has notified the stock exchanges that a meeting of its Board of Directors will be held on Thursday, May 7, 2026. The primary agenda of the meeting is to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026. The announcement was made in compliance with Regulation 29, 33, 50, 52, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Meeting Details

The board meeting will review both standalone and consolidated financial results for the specified period. The intimation was addressed to the Listing Departments of both BSE Limited and National Stock Exchange of India Limited, with the company trading under the scrip symbol STLNETWORK and scrip codes 544395, 977344, and 977517.

Corporate Information

The notification was issued by Meenal Bansal, Company Secretary and Compliance Officer of STL Networks Limited, with membership number ACS 35091. The company's corporate office is located at Capital Cyberscape, 15th and 16th Floor, Sector 59, Gurugram, Haryana 122102, while its registered office is situated at 4th Floor, Godrej Millennium, Koregaon Park Road 9, STS 12/1, Pune, Maharashtra 411001. The company's Corporate Identification Number (CIN) is L72900PN2021PLC199875.

Stock Exchange Details

STL Networks Limited has announced a favorable resolution to litigation proceedings in the UK, with the High Court of Justice dismissing claims against its subsidiary. The company disclosed this development under Regulation 30 of the SEBI Listing Regulations on April 23, 2026.

Court Dismisses Comex Claim

The High Court of Justice Business and Property Courts in Leeds Technology and Construction Court dismissed the claim filed by Comex 2000 (UK) Limited against Clearcomm Group Limited, a wholly owned step-down subsidiary of STL Networks. The court issued no order as to costs, indicating a complete dismissal of the plaintiff's case.

Settlement Terms and Financial Impact

The legal proceedings concluded with an out-of-court settlement for £25,000 (excluding taxes), representing a significant reduction from the original claim amount of £543,501.07. STL Networks stated that this settlement has no significant financial impact on the company's overall financial position.

Background of the Dispute

The litigation originated from a breach of contract claim filed by Comex 2000 on June 3, 2024. According to STL Networks' previous disclosures, the claim was allegedly filed in retaliation to Clearcomm's £195,000.00 adjudication award. The dispute involved various charges totaling £543,501.07, which Clearcomm disputed through proper legal channels.

Legal Proceedings Timeline

The case involved several procedural developments:

• Clearcomm disputed the initial claim and submitted a counteroffer
• The company attempted to strike out the claim, which was unsuccessful
• Both parties agreed to sample 110 claims for review
• Comex experienced delays in providing required documentation and evidence
• Final bundle of information was eventually supplied and reviewed

Regulatory Compliance

STL Networks made this disclosure pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI Listing Regulations. The company provided comprehensive details in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2 / I / 3762 / 2026 dated January 30, 2026, regarding updates on material litigation or disputes.

The successful resolution of this case eliminates a potential financial liability for STL Networks and demonstrates the company's effective legal strategy in defending against disputed claims.