STL Networks Limited has received a demand order of Rs. 6.06 crores from the Joint Commissioner CGST & CX, Haldia Commissionerate, as disclosed to the stock exchanges on February 26, 2026. The company has informed BSE and NSE about this development under Regulation 30 of the SEBI Listing Regulations.

Demand Order Details

The CGST demand order pertains to the financial year 2019-20 and has been issued based on discrepancies identified by the tax authorities. The order confirms a demand of Rs. 6.06 crores arising from differences in taxable turnover and GST appearing in GSTR-7 (GST TDS certificate) compared to corresponding values disclosed in GSTR-3B.

Company's Response and Assessment

STL Networks Limited has assessed that the demand is not maintainable and is currently evaluating all available options, including filing an appeal against the order. The company has stated that it does not envisage any relevant impact on its financials, operations, or other activities based on its assessment of the demand order.

Background and Context

The demand notice was originally issued in the name of Sterlite Technologies Limited. However, the case details mentioned in the order pertain to the Global Services Business vertical of Sterlite Technologies Limited, which was demerged into STL Networks Limited with effect from the close of business hours on March 31, 2025.

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Meenal Bansal under Regulation 30 of the SEBI Listing Regulations. The company has fulfilled its obligation to inform the stock exchanges about this material development that could potentially impact investor interests.

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:

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.

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.