Sterlite Technologies Limited. — AGM Information 2021

Aug 26, 2021

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August 26, 2021

National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phirozee Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai - 400 051.

Subject: Summary of proceedings of Annual General Meeting Ref.: Scrip ID - STLTECH/ Scrip Code – 532374

Dear Sir / Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby submit summary of the proceedings of the Annual General Meeting (AGM) of the Company held today i.e. Thursday, August 26, 2021 at 9.00 a.m. IST through Video Conferencing/ Other Audio Visual Means.

Mr. S Madhavan, Chairman of the Audit Committee, chaired the proceedings of the meeting. Requisite members necessary to form quorum, attended the meeting.

Mr. Pravin Agarwal, Vice Chairman & Whole-time Director addressed the shareholders.

The Chairman informed the members that the remote e-voting period remained open from August 23, 2021 (10.00 a.m.) to August 25, 2021 (5.00 p.m.). Chairman further informed that electronic voting was also available for members present at the AGM, who had not already casted their votes through remote e-voting.

The members were informed that Mr. B. Narasimhan (Proprietor, BN & Associates), Practicing Company Secretary, was appointed as a Scrutinizer for remote e-voting as well as e-voting at the AGM. The Chairman further informed the members that Scrutinizer will submit a composite report on remote e-voting and voting at the AGM which would be made available on the Company’s website and will be submitted to the Stock Exchanges.

The following items of business, as per the Notice of the AGM were taken up –

ORIDINARY BUSINESSES:

1. Adoption of Standalone and Consolidated Balance Sheet, Statement of Profit & Loss, Report of the Board of Directors and Auditors for the financial year ended March 31, 2021.

2. To declaration of dividend of Rs.2.00 per equity share for the financial year ended March 31, 2021

3. To appoint a Director in place of, Mr. Anil Kumar Agarwal (DIN 00010883) who retires by rotation and being eligible, offers himself for re-appointment

Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408

www.stl.tech

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SPECIAL BUSINESSES:

1. To appoint Mr. S Madhavan as an Independent Director (Ordinary Resolution).

2. To appoint Mr. B J Arun as an Independent Director (Ordinary Resolution).

3. To appoint Mr. Ankit Agarwal as a Whole-Time Director (Special Resolution).

4. To approve remuneration of Cost Auditor (Ordinary Resolution).

5. To approve Divestment / dilution / disposal of investment in subsidiaries (Special Resolution).

6. Raising of the funds through Qualified Institutional Placement (QIP) / External Commercial Borrowings (ECBs) with rights of conversion into Shares /Foreign Currency Convertible Bonds (FCCBs) /American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) /Optionally or Compulsorily Convertible Redeemable Preference Shares (OCPs/CCPs) etc. pursuant to Section 62 of Companies Act, 2013 (Special Resolution).

The Chairman invited questions/suggestions from the members present and the queries were responded to by Mr. Mihir Modi, Chief Financial Officer.

There being no further agenda, meeting concluded with vote of thanks to the Chairman of the meeting.

The report of the Scrutinizer is being uploaded on the website of the Company as well as of Kfin Technologies Pvt. Ltd in due course. Further, the results in the format prescribed are being notified to the Stock Exchanges under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

All the above resolutions were passed with requisite majority.

Kindly take this on your record and acknowledge the same.

Yours faithfully,

For Sterlite Technologies Limited

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Amit Deshpande

Corporate General Counsel & Company Secretary (ACS 17551)

Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408