Sterlite Technologies Limited. — AGM Information 2024

Jul 6, 2024

www.stl.tech

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July 6, 2024

National Stock Exchange of India Limited

Exchange Plaza, 5[th] Floor, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051.

BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Sub.: Newspaper advertisement titled Twenty Fifth Annual General Meeting to be held through Video Conference and E-voting information

Ref.: Scrip ID - STLTECH/ Scrip Code - 532374

Dear Sir/Madam,

Further to our letters dated July 03 and July 04, 2024 respectively and pursuant to Regulation 47 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith a copy of newspaper advertisements published for the shareholders of the Company, in Business Standard (English) and Loksatta (Marathi), informing, inter alia , that:

• a) Twenty Fifth Annual General Meeting (AGM) is scheduled to be held on Monday, July 29, 2024 at 9:00 am IST through Video Conferencing/Other Audio-Visual Means without physical presence of members at common venue; and

• b) E-voting instructions.

The aforesaid advertisements will also be hosted on the website of the Company at www.stl.tech

Kindly take the same on record.

Thanking you.

Yours faithfully,

For Sterlite Technologies Limited

AMIT VILAS Digitally signed by AMIT VILAS DESHPAND DESHPANDE Date: 2024.07.06 E 13:27:47 +05'30'

Amit Deshpande

General Counsel & Company Secretary (ACS 17551)

Encl.: As above.

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

COMPANIES 3

MUMBAI | SATURDAY, 6 JULY 2024

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JSWEnergylooks toadvance~1.15trn capexbyafewyrs

AirtelPBwalletsdown49%inJan-May

ThisisdespitePaytm PB’sdownturn

ThisisdespitePaytm company recorded transaction volumes of 6.05 million when it came to the purPB’sdownturn TOP PLAYERS PPIwalletnumbers (inmn) chase of goods and services using PPI toadvance~1.15trn AJINKYA KAWALE Payments banks Jan May % change wallets. It rose to 7.07 million in May, a16.8 per cent increase in volumes at the Mumbai,5July PaytmPaymentsBank 630.7 380.57 -39.66 end of the five-month period. AirtelPaymentsBank 72.58 36.72 -49.41 On the fund-transfers front, such Notwithstanding Paytm Payments transactions grew 38.6 per cent from Bank’s downfall due to RBI crackdown FinoPaymentsBank 5.68 5.69 0.18 20,659 in January to 28,642 in May. capexbyafewyrs —whichmanybelievedwouldboosttheprospects of its rivals—Airtel Payments Non-banks Jan May % change AirtelWithinPaymentsthe paymentsBank (AirtelbankPB)space,has Bank has trimmed about 49 per cent of PhonepePrivateLtd 189.59 199.3 5.12 recordedthesteepestdeclineinPPIwalPlanstomake~15KcrorecapitalexpenditureinFY25 its prepaid payment instrument (PPI) OneMobikwikSystemsLtd 134.12 136.88 2.06 letsevenafterPaytmPBsufferedrestricwallets between January and May this tions from the RBI in January. Queries AMRITHA PILLAY on new thermal power year,datafromtheReserveBankofIndia OlaFinancialServicesPrivateLtd 79.59 79.65 0.08 senttoPaytmPBdidnotelicitaresponse Mumbai,5July opportunities. (RBI) shows. Source: RBI tillpresstime.Mostindustryparticipants He said, “Thermal power Deactivationofdormantzero-balance hadanticipatedwalletnumberstomove rivatepowerproducer plays a crucial role in grid walletswasoneofthekeyreasonsforthis standing wallets as of May 2024. “We CEO, Airtel Payments Bank, in response toPaytmPB’scompetitors.PaytmPBhad JSWEnergyislooking stability until more efficient sharp fall in PPI wallets of the payments recently completed a system optimisto queries sent by Business Standard . 630.7 million PPI wallets in January, P to advance its ~1.15storage solutions like batbankarmoftelecommajorBhartiAirtel. ation effort by removing dormant zeroHowever,thecompany’stransactionvolwhich shrank by around 40 per cent to trillion capex target by a few tery storage and hydro The Gurugram-based company had balance wallets. These were deactivated umes with respect to PPI wallets have 380.5 million such wallets in May. years, encouraged by India’s pumped storage mature… about72.5millionPPIwalletsinJanuary, followingadequatecustomercommunirecorded a steady increase during the growing energy demand, your company continues to which is now down to 36.7 million outcations,” said Anubrata Biswas, MD and same period this year. In January, the Moreonbusiness-standard.com said Sajjan Jindal, chairman focus on adding renewable and managing director of capacity. It will also conthe company. tinue to pioneer energy storbeen made towards the tar-get“Significantof becomingstridesa 20-giga-have Significantstrideshave age solutions as well as keepan eye on any new thermalopportunities.” ~~N TRACKING Q1 TREND N~~ watt (Gw) company well beenmadetowards JSW Energy’s close rival, before 2030. With tailwinds Tata Power, has so far main- Titanreports9%revenue AdaniWilmarrecords13%volumegrowth such as healthy power thetargetofbecoming tained it will not make any demand, a strong pipeline of a20gigawatt further investments in therEdible oil major Adani Wilmar on Friday said it has reported a 13 per cent volume growth in the under-developmentcapacity generationcompany mal power, as it looks to growth,adds61stores June quarter. The double-digit growth was propelled by market-specific strategies in each category, andarobustcapitalstructure wellbefore2030 decarbonise. Leading jewellery and watchmaker Titan aimed at gaining market share, especially in under-indexed markets, the company said in a business on the balance sheet, I am Jindal added, on Friday said it clocked a standalone update. In the first quarter of the current financial year, “the company achieved robust volume confident of accelerating the “Additionally, towards revenue growth of 9 per cent in the growth of 13 per cent year-on-year (Y-o-Y),” the company said. 2030 targets by a few years,” supply chain de-risking, we first quarter ended June 30, 2024. The Adani Wilmar has reported a 19 per cent Y-o-Y volume growth in the first quarter from alternate Jindal said in his address to are also venturing into Tata Group-managed firm added 61 channels such as e-commerce, quick commerce and modern trade channels. SAJJAN JINDAL shareholdersatJSWEnergy’s equipment manufacturing.” stores during April-June FY25, taking The company, which sells edible oils and some other food products under Fortune brands, has annual general meeting Chairmanandmanaging He also informed shareits combined retail network presence also strengthened the traditional channels as general trade. Besides, “the volume of our branded director,JSWEnergy (AGM) on Friday. holders that the company is to 3,096 stores. exports increased by 36 per cent in Q1,” it added. In the edible oil segment, Adani Wilmar’s business JSW Energy’s total actively scouting for acquiIts jewellery division, which contributes thrived due to robust execution in sales and distribution. PTI installed capacity stands at sition opportunities in the over three-fourths of its revenue, reported 9 per cent growth around 7.3 Gw across therincrease, going forward.” Of power sector. in the domestic market and added 34 stores. mal, hydro, solar and wind. this, JSW Energy plans to On the company’s new “The auspicious week of Akshaya Tritiya witnessed dou- Marico’sdomesticbiz Daburseesrisein Last year, the power prospend~15,000croreascapex energy ventures, Jindal ble-digit growths (in Tanishq secondary sales) compared to ducer declared its strategy in the current financial year. shared a June 2025 timeline the same period last year. However, high gold prices and 2.0 to scale power generaJindal added, “With 2.6 for the 500 megawatt their continued firmness had an impact on consumer showsmodestuptick demand,ruralgrowth tion capacity to 20 Gw along Gw of projects, which are (Mw)/1,000 MWh battery demand,” it said. Fast-moving consumer goods maker Marico on Demand trends witnessed sequential with 40 GWh of energy storcurrently under construcenergy storage system Moreover, the quarter has lower wedding days and overall Friday said its domestic business posted a improvement in the June quarter, with rural age before 2030. Then, the tion, and which are slated (BESS) project with SECI. sentimentswere“relativelymuted”incomparisontoQ1/FY24. “modest uptick” in volume growth in the first growth picking up, homegrown FMCG major capex intended was around for commissioning during The 3,800 tonnes per “Domesticgrowthcamelargelythroughanincreaseinaverage quarter on a sequential basis and expects gross Dabur said on Friday. ~1.12 trillion. the current financial year, annum green hydrogen selling prices whereas buyer growth was in low single digit. margin to expand year on year. Moreover, with a forecast of a normal monIn his Friday’s speech, your company is on track to project that the company is Gold (plain) grew in high single digit while studded growth The overall demand trends in the first soon and continued focus by the government Jindal pegged this amount meet the 10 Gw installed setting up under a supply was moderately lower in comparison,” it said. The Watches & quarter continued to exhibit gradual improveon macroeconomic growth, "we expect the at ~1.15 trillion and noted, capacity target by FY25.” agreement with JSW Steel WearablesDivision’sdomesticbusinessgrew14percentonYment on the expected lines, said Marico, which improvement to accelerate in the coming “As we accelerate our Jindal also added the will be commissioned by o-Y basis. The company reported a healthy revenue growth of owns brands such as Saffola, Parachute, Hair month," the company said in an update for the ambition, this is likely to company will keep an eye FY25-end, he said. 17 per cent in the analogue watch segment. PTI & Care, Nihar and Livon, among others. PTI quarter ended June 30, 2024. PTI

Edible oil major Adani Wilmar on Friday said it has reported a 13 per cent volume growth in the June quarter. The double-digit growth was propelled by market-specific strategies in each category, aimed at gaining market share, especially in under-indexed markets, the company said in a business update. In the first quarter of the current financial year, “the company achieved robust volume growth of 13 per cent year-on-year (Y-o-Y),” the company said.

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