Sterlite Technologies Limited announced significant board changes following a meeting held on January 14, 2026. The telecommunications infrastructure company's board approved director re-appointments and new appointments based on recommendations from the Nomination and Remuneration Committee.

Board Appointments and Re-appointments

The board meeting, which commenced at 2:15 pm and concluded at 3:54 pm, resulted in key leadership decisions that will shape the company's governance structure.

Leadership Transition

The board also noted an upcoming leadership transition with Mr. S. Madhavan (DIN: 06451889) set to complete his tenure as Independent Director. He will cease to be an Independent Director with effect from close of business hours on January 19, 2026, upon completion of his term. The board acknowledged his valuable contributions and guidance during his association with the company.

Director Profiles

Mr. Bangalore Jayaram Arun brings extensive Silicon Valley entrepreneurial experience since 1992. He holds a B.E. in Computer Science (1986) and founded California Digital in 1992, building it into a Linux-based high performance computing leader. He co-founded Librato in 2004, scaling it to a USD 10.00 million revenue run rate before its acquisition by SolarWinds for approximately USD 50.00 million. In 2014, he served as CEO of July Systems, leading an OEM-focused pivot that culminated in acquisition by Cisco in 2018.

Mr. Sathia Jeeva Krishnan Chidambara is a Chartered Accountant and former Indian Revenue Service officer with over 39 years of professional experience in accounting, audit, taxation, and finance. He currently works as a self-employed professional, advising on mergers and acquisitions, complex taxation matters, and private wealth management. His previous senior positions include roles with Maersk, Ambuja Cement, Monsanto and EY India. He presently serves as Independent Director on the boards of Parry Agro Industries Limited and GIC Housing Finance Limited.

Regulatory Compliance

Both newly appointed directors are not related to any existing board members and are not debarred from holding director positions pursuant to any SEBI order or other authority. The appointments comply with Regulation 30 of the SEBI Listing Regulations and related circulars. The company has submitted the requisite details to both NSE and BSE as per regulatory requirements.

Sterlite Technologies Limited's Board of Directors has approved significant changes to its leadership structure during a meeting held on January 14, 2026. The decisions, made based on recommendations from the Nomination and Remuneration Committee, involve director re-appointments and a new appointment, all subject to shareholder approval.

Director Re-appointment and New Appointment

The board approved two key appointments that will strengthen its independent director composition:

Mr. Arun's re-appointment comes as his first term as Independent Director expires on January 19, 2026. His second term will commence immediately thereafter, ensuring continuity in the board's operations.

Director Profiles and Expertise

Mr. Bangalore Jayaram Arun brings extensive Silicon Valley entrepreneurial experience since 1992. He holds a B.E. in Computer Science from 1986 and has founded multiple successful technology companies. His notable achievements include founding California Digital in 1992, building it into a Linux-based high performance computing leader, and co-founding Librato in 2004, scaling it to a USD 10.00 million revenue run rate before its acquisition by SolarWinds for approximately USD 50.00 million. He served as CEO of July Systems in 2014, leading an OEM-focused pivot that resulted in acquisition by Cisco in 2018.

Mr. Sathia Jeeva Krishnan Chidambara is a Chartered Accountant and former Indian Revenue Service officer with over 39 years of professional experience in accounting, audit, taxation, and finance. Currently self-employed, he advises on mergers and acquisitions, complex taxation matters, and private wealth management. His previous senior positions include roles with Maersk, Ambuja Cement, Monsanto, and EY India. He currently serves as an Independent Director on the boards of Parry Agro Industries Limited and GIC Housing Finance Limited.

Board Transition and Compliance

The board noted that Mr. S. Madhavan (DIN: 06451889) will cease to be an Independent Director with effect from close of business hours on January 19, 2026, upon completion of his tenure. The board placed on record its appreciation for his valuable contributions and guidance during his association with the company. He will also cease to be a member of various board committees effective from the same date.

Both newly appointed directors have been confirmed as not being debarred from holding director positions pursuant to any SEBI order or other authority. Neither director is related to any existing board members of the company.

Meeting Details

The board meeting commenced at 2:15 pm and concluded at 3:54 pm on January 14, 2026. The company has submitted the requisite details pursuant to Schedule III under Regulation 30 of the SEBI Listing Regulations, along with compliance to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/155 dated November 11, 2024. All appointments are subject to approval by the company's shareholders.