STL Networks Limited has successfully concluded its postal ballot process, with shareholders approving significant modifications to the Employee Stock Option Scheme (ESOS) 2025. The resolution was passed with overwhelming support on December 13, 2025, marking a strategic shift in the company's employee retention and performance alignment approach.

Voting Results and Approval

The postal ballot concluded with shareholders demonstrating strong support for the proposed changes. The voting results reflect broad-based approval across different shareholder categories:

Key Modifications to ESOS 2025

The approved amendments restructure the vesting conditions for the company's stock option scheme, affecting 1.95 crore ungranted stock options:

Postal Ballot Process Details

The company conducted the voting process entirely through electronic means, following regulatory guidelines. The comprehensive process included:

Strategic Rationale and Implementation

The modification aligns with STL Networks' strategy to enhance long-term employee commitment while maintaining performance accountability. The increased emphasis on continued employment-based vesting from 25% to 70% is designed to improve talent retention and recognize sustained contribution to organizational success.

The scheme maintains its core parameters including a minimum vesting period of one year and maximum of four years from grant date, with an exercise period of up to five years from the relevant vesting date. The program covers employees in India and internationally, directors (excluding promoters and independent directors), and subsidiary company employees.

Corporate Governance and Compliance

The approval process followed all regulatory requirements under the Companies Act 2013, SEBI regulations, and listing obligations. The scrutinizer's report confirmed fair and transparent conduct of the electronic voting process, with all procedural requirements met including newspaper advertisements on November 15, 2025, in Financial Express and Loksatta publications.

With this approval, STL Networks can now implement the modified ESOS 2025, potentially strengthening its position in talent acquisition and retention within the competitive telecommunications sector.

STL Networks Limited , a prominent player in the telecommunications sector, has announced plans to explore a significant fundraising initiative through the issuance of non-convertible debentures (NCDs). The company's Authorization and Allotment Committee is set to convene on November 18, 2025, to deliberate on this financial move.

Key Details of the Proposed Fundraising

Regulatory Compliance and Disclosure

STL Networks has adhered to regulatory requirements by intimating the stock exchanges about the scheduled meeting. This disclosure aligns with Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to inform exchanges about meetings considering fund-raising proposals.

Implications and Next Steps

The potential NCD issuance could provide STL Networks with additional capital for various corporate purposes. However, it's important to note that the final decision on the issuance, including specific terms and conditions, is subject to the committee's approval.

Investors and stakeholders should anticipate further details post the committee meeting, as STL Networks has committed to disclosing the exact terms and conditions of the NCD issuance following the committee's deliberations and decisions.

As this development unfolds, market participants will likely keep a close watch on how this fundraising initiative might impact STL Networks' financial position and future growth strategies in the competitive telecommunications landscape.