STL Networks Limited has successfully completed the allotment of 24,879 equity shares under its Special Purpose Employee Stock Option Scheme 2025 (SP-ESOS 2025). The Authorization and Allotment Committee approved this allotment on January 16, 2026, following the exercise of stock options by eligible employees.

Share Allotment Details

Updated Share Capital Structure

Scheme Background and Structure

The SP-ESOS 2025 was formulated pursuant to the Scheme of Arrangement between Sterlite Technologies Limited (Demerged Company) and STL Networks Limited (Resulting Company). This special purpose scheme aims to restore value by making fair adjustments to options granted under the demerged company's ESOP schemes to eligible employees.

Under this arrangement, each eligible employee receives one option under SP-ESOS 2025 for every option outstanding in the demerged company as on the effective date. The scheme adopts terms and conditions similar to the original ESOP schemes of the demerged company.

Regulatory Compliance and Listing

STL Networks has maintained full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company filed the necessary disclosures with both BSE (scrip code: 544395) and NSE (symbol: STLNETWORK) under Regulation 30 of the SEBI Listing Regulations.

The newly allotted shares are identical in all respects to existing shares and carry no lock-in restrictions. The company confirmed that earnings per share remain unaffected as the quantity of shares allotted is negligible relative to the total share capital.

This allotment represents the practical implementation of STL Networks' employee compensation strategy, providing tangible equity participation to employees while maintaining regulatory compliance and transparent disclosure practices in the competitive IT software sector.

STL Networks Limited , a prominent player in the technology sector, has successfully raised INR 150 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. This strategic move underscores the company's efforts to strengthen its financial position and potentially fuel future growth initiatives.

Key Details of the NCD Issuance

Implications and Outlook

The successful placement of these NCDs indicates strong investor confidence in STL Networks' financial stability and future prospects. The relatively high coupon rate of 10.25% per annum, payable quarterly, suggests that the company is willing to offer attractive returns to secure this funding.

The secured nature of these debentures, backed by a first ranking pari passu charge over certain company assets, provides an additional layer of assurance to investors. This structure could potentially help STL Networks attract a wider pool of institutional investors looking for stable, high-yield debt instruments.

With a maturity date set for September 2027, this move provides STL Networks with medium-term financing, which could be utilized for various purposes such as expanding operations, investing in new technologies, or refinancing existing debt.

As these NCDs are listed, they offer the added benefit of liquidity to investors, potentially making them more attractive in the secondary market. This listing also subjects STL Networks to additional disclosure requirements, which can enhance transparency and investor trust.

While the specific use of proceeds has not been disclosed, this capital raise positions STL Networks to potentially strengthen its market presence and pursue strategic initiatives in the coming years. Investors and market analysts will likely keep a close eye on how the company deploys this capital to drive growth and enhance shareholder value.

Conclusion

STL Networks' successful NCD issuance demonstrates its ability to tap into the debt markets effectively, even in a competitive financial landscape. As the company moves forward with this additional capital, stakeholders will be keen to observe its impact on STL Networks' financial performance and strategic direction in the technology sector.