STL Networks Limited received Rs 27 crore as the initial subscription amount for the preferential issue of warrants to its promoter, Twin Star Overseas Limited. This payment, made on June 2, 2026, covers 25% of the total consideration for the issuance of up to 4,50,00,000 warrants convertible into equity shares, aggregating up to Rs 108 crore. The transaction follows shareholder approval granted through a postal ballot on May 19, 2026.

The receipt of funds is in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the terms approved by shareholders. The company is currently awaiting in-principle approval from the stock exchanges for the allotment of these warrants. STL Networks Limited intends to proceed with the allotment upon receiving the requisite approvals and will inform the exchanges accordingly.

Key Details of the Preferential Issue

The warrants are convertible into equity shares, and the full subscription process is subject to regulatory compliance and stock exchange approvals.

stl networks filed revised XBRL financial results for the quarter and financial year ended March 31, 2026, following a query from the National Stock Exchange of India (NSE). The company submitted the revised data on May 21, 2026, to address discrepancies identified by the exchange in its original Consolidated Audited Financial Results. The NSE had sought clarification via a communication dated May 19, 2026.

The submission was made under the Integrated Filing- Non-Banking Ind AS module. The exchange acknowledged the receipt of the revised filing on May 27, 2026. The acknowledgement confirms the information has been disseminated on the NSE website on an "as is" basis.

Filing Details

The following table outlines the key details of the revised submission:

The filing was signed by Meenal Bansal, Company Secretary and Compliance Officer of STL Networks Limited. The correspondence was addressed to the NSE at Exchange Plaza, Bandra Kurla Complex, Mumbai.