Sterlite Technologies Limited has formally notified stock exchanges about an upcoming Board of Directors meeting scheduled for January 23, 2026. The meeting will focus on considering and approving the company's unaudited financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The telecommunications infrastructure company has scheduled the board meeting in compliance with Regulation 29, 33, and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will address both standalone and consolidated financial results for specific reporting periods.

Trading Window Restrictions

The company has implemented trading window closure measures as part of its insider trading prevention protocols. These restrictions were established in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for securities trading.

Regulatory Compliance

The board meeting notification was signed by Company Secretary and Compliance Officer Mrunal Asawadekar on January 13, 2026. The communication was formally submitted to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with listing requirements and maintaining transparency with stakeholders.

The company's proactive approach to regulatory compliance demonstrates its commitment to maintaining proper disclosure standards and protecting investor interests through established trading window protocols.

Sterlite Technologies Limited has announced the allotment of 24,600 equity shares under its Employee Stock Option Scheme (ESOP) on January 09, 2026. The Authorization and Allotment Committee of the Board of Directors approved this allotment during its meeting held on the same date.

ESOP Exercise Details

The allotted shares were granted to employees who exercised their stock options under the company's Employee Stock Option Schemes established in 2010 and 2016. These schemes allow eligible employees to purchase company shares at predetermined prices, serving as an employee retention and incentive mechanism.

The company confirmed that the newly allotted shares will rank pari passu with existing equity shares, meaning they carry identical rights and privileges as all other shares in terms of voting rights, dividend entitlements, and other shareholder benefits.

Share Capital Impact

The ESOP allotment has resulted in a marginal increase in the company's total share capital. The following table shows the impact on share capital:

This represents a minimal dilution of approximately 0.005% in the existing shareholding structure.

Regulatory Compliance

Sterlite Technologies has duly informed both the National Stock Exchange of India Limited (NSE) and BSE Limited about this corporate action. The company secretary and compliance officer, Mrunal Asawadekar, signed the official communication to the stock exchanges, ensuring full regulatory compliance.

The allotment reflects the company's ongoing commitment to employee participation in its growth story through equity-based compensation schemes. Such ESOP exercises are routine corporate actions that demonstrate employee confidence in the company's prospects and their willingness to invest in its shares.