STL Networks Appoints Arun Goyal as Fiber BU Head, Announces Senior Management Changes

1 min read     Updated on 13 Feb 2026, 10:11 PM
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Overview

STL Networks Limited announced senior management changes effective February 13, 2026, with Arun Goyal appointed as Fiber BU-Head under Senior Management Personnel and Srinivasan Devarajan exiting the senior management role. Goyal, who joined STL in 2018, brings experience from Nokia, Alcatel Lucent, and Airtel, with strong expertise in fiber projects and client relationships.

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STL Networks Limited has announced key changes in its senior management structure, with the Board of Directors approving the appointment of Arun Goyal as Fiber BU-Head under Senior Management Personnel effective February 13, 2026. The decision was made following recommendations from the company's Nomination and Remuneration Committee.

Senior Management Appointment Details

The company has provided comprehensive details regarding the management changes as required under SEBI regulations:

Particulars: Details
Position: Fiber BU-Head, Senior Management Personnel
Effective Date: February 13, 2026
Employment Type: Full-time Senior Management Personnel
Previous Role: PMO for Airtel projects at STL

Professional Background of Arun Goyal

Arun Goyal brings significant industry experience to his new role. He graduated from SIMS with an MBA in Finance and holds PMP certification. His professional journey includes notable positions at major telecommunications companies before joining STL in 2018.

Career Highlights:

  • Previous experience at Nokia, Alcatel Lucent, and Airtel
  • Joined STL in 2018 as PMO for Airtel
  • Extensive work with Fiber projects team
  • Strong understanding of client relationships, particularly with Airtel
  • PMO skills well-suited for Fiber BU operations

Management Structure Changes

Alongside Goyal's appointment, the company announced that Srinivasan Devarajan will no longer be part of the Senior Management Personnel, also effective February 13, 2026.

Change Type: Details
Outgoing Personnel: Srinivasan Devarajan
Status Change: No longer part of Senior Management Personnel
Effective Date: February 13, 2026

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI Listing Regulations, with detailed disclosures provided in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has confirmed that this disclosure will be hosted on its website at www.inveniatech.com .

The communication was signed by Meenal Bansal, Director, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited for their records.

Historical Stock Returns for STL Networks

1 Day5 Days1 Month6 Months1 Year5 Years
-0.65%-2.48%+0.52%-2.34%-2.34%-2.34%

STL Networks Secures ₹206.49 Crore Order from National Informatics Centre for Network Equipment

1 min read     Updated on 10 Feb 2026, 10:30 PM
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Reviewed by
Naman SScanX News Team
Overview

STL Networks Limited has received a major purchase order worth ₹206.49 crore from National Informatics Centre Services Incorporated for network equipment procurement through NKN. The domestic contract includes a 12-week implementation timeline with 5 years of warranty and AMC support, representing a significant business win for the company.

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STL Networks Limited has secured a substantial purchase order worth ₹206.49 crore from National Informatics Centre Services Incorporated for network equipment procurement. The company disclosed this significant business development to stock exchanges on February 10, 2026, in compliance with SEBI Regulation 30 requirements.

Order Details and Specifications

The purchase order pertains to "Procurement of network equipment through NKN" and represents a major contract win for the networking solutions provider. The order details reveal comprehensive project specifications and timeline commitments.

Parameter: Details
Client: National Informatics Centre Services Incorporated
Order Value: INR 206.49 Cr. (Inclusive of taxes)
Contract Type: Domestic Entity
Implementation Duration: 12 weeks
Warranty and AMC: 5 Years
Contract Reference: GEMC-511687786594913

Project Timeline and Support Structure

The contract encompasses a structured implementation approach with clearly defined phases. The 12-week implementation duration indicates an accelerated deployment schedule for the network equipment installation. Following the implementation phase, STL Networks will provide comprehensive warranty coverage and Annual Maintenance Contract (AMC) services for a period of 5 years.

Regulatory Compliance and Transparency

The company has confirmed that this order does not involve any related party transactions and maintains arm's length commercial terms. STL Networks has verified that neither promoters nor group companies have any interest in the awarding entity, ensuring complete transparency in the business relationship.

Strategic Significance

This order represents a continuation of STL Networks' engagement with government sector clients, building on previous disclosures made on February 3, 2026. The National Knowledge Network (NKN) project involvement positions the company within India's digital infrastructure development initiatives, demonstrating its capability to handle large-scale government networking projects.

The disclosure has been made available on the company's website at www.inveniatech.com , ensuring stakeholder access to complete project information and maintaining regulatory compliance standards.

Historical Stock Returns for STL Networks

1 Day5 Days1 Month6 Months1 Year5 Years
-0.65%-2.48%+0.52%-2.34%-2.34%-2.34%

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1 Year Returns:-2.34%