STL Networks Limited Issues Second Tranche of Non-Convertible Debentures Worth ₹150 Crores

1 min read     Updated on 21 Jan 2026, 07:32 PM
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Overview

STL Networks Limited announced the issuance of second tranche NCDs worth up to ₹150 crores through private placement, following November 2025 approval for ₹300 crores fundraising. The secured, redeemable debentures will be listed on BSE Limited with up to 15,000 securities proposed for issuance. The company has maintained clean payment records with no delays or defaults reported.

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*this image is generated using AI for illustrative purposes only.

STL Networks Limited has announced the issuance of its second tranche of secured, redeemable non-convertible debentures (NCDs) worth up to ₹150 crores. The company informed stock exchanges on January 21, 2026, about this debt fundraising initiative through private placement.

Debenture Issuance Details

The current issuance represents the second tranche of the company's broader fundraising plan approved in November 2025. STL Networks' Authorization and Allotment Committee had earlier sanctioned raising funds up to ₹300 crores through secured, redeemable NCDs in one or more tranches.

Parameter Details
Issue Size Up to ₹150 crores
Securities Type Secured, Listed, Redeemable Non-Convertible Debentures
Issuance Method Private Placement
Listing Exchange BSE Limited
Number of Securities Up to 15,000

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. STL Networks provided comprehensive details as required under Regulation 30 and 51, along with Schedule III of the Listing Regulations and SEBI Master Circular dated November 11, 2024.

Key Instrument Features

The NCDs will be secured instruments with specific terms outlined in the disclosure document. The company has indicated that details regarding investor names, tenure, coupon rates, interest payment schedules, security charges, and special rights will be provided as per the disclosure document.

Aspect Status
Payment Delays Nil
Default History Nil
Letters/Comments on Payments Nil

Corporate Communication

Meenal Bansal, Company Secretary and Compliance Officer (ACS 35091), signed the regulatory filing on behalf of STL Networks Limited. The company has made the relevant documentation available on its website at inveniatech.com for stakeholder reference.

This debt issuance forms part of STL Networks' capital raising strategy, utilizing the non-convertible debenture route to access funds from institutional and qualified investors through the private placement mechanism.

Historical Stock Returns for STL Networks

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STL Networks' UK Subsidiary Faces Adjudication Loss of £83.5 Thousand in Payment Dispute

1 min read     Updated on 15 Jan 2026, 06:46 PM
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Reviewed by
Jubin VScanX News Team
Overview

STL Networks Limited disclosed that its UK subsidiary STUKVL received an adverse adjudicator's decision on January 5, 2026, requiring payment of £83.5 thousand (₹1.01 crore) plus £6.6 thousand interest to All Fiber Solutions Limited for unpaid dues under an infrastructure framework agreement. Despite the ruling, the company expects no material impact on its financial position.

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STL Networks Limited has informed stock exchanges about an adverse adjudicator's decision against its wholly owned UK subsidiary, Sterlite Technologies UK Ventures Limited (STUKVL), involving payment dues of £83.5 thousand.

Adjudication Details

The dispute arose from STUKVL's failure to pay dues under an Infrastructure Framework agreement with All Fiber Solutions Limited (AFSL). The agreement covered design and installation of underground and overhead fiber cabling along with associated civil engineering services.

Parameter: Details
Claimant: All Fiber Solutions Limited (AFSL)
Respondent: Sterlite Technologies UK Ventures Limited (STUKVL)
Adjudicator: Nigel J Davies (Faringdon, England)
Decision Date: January 5, 2026
Agreement Type: Infrastructure (Civil Works and Networks Construction) Framework

Financial Implications

The adjudicator's decision on January 5, 2026, ruled in favor of AFSL, requiring STUKVL to pay multiple components:

Component: Amount (GBP) Amount (INR)
Outstanding Dues: £83.5 thousand ₹1.01 crore
Simple Interest: £6.6 thousand ₹0.08 crore
Additional Costs: Adjudicator's fees and expenses Not specified

The currency conversion rates are as of January 15, 2026, as stated in the company's disclosure.

Company's Assessment

STL Networks has assessed that despite the adverse ruling against its UK subsidiary, there is no material impact expected on the company's overall financial position. The company made this disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and was signed by Company Secretary and Compliance Officer Meenal Bansal on January 15, 2026. The company has requested stock exchanges BSE and NSE to take the information on record.

Historical Stock Returns for STL Networks

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%-8.13%-14.77%-11.13%-11.13%-11.13%
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