Sterlite Technologies Limited. — Annual Report 2020

May 12, 2020

www.stl.tech

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May 12, 2020

BSE Limited National Stock Exchange of India Ltd Corporate Relations Department Exchange Plaza, 5[th] Floor, 1[st] Floor, New Trading Ring, Plot. C/1, G-Block, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai 400 001 Mumbai 400 051

Scrip Code: 532374; Scrip ID: STRTECH Symbol: STRTECH

Dear Sirs,

Sub: Intimation under Regulations 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”)

With reference to our letter dated May 7, 2020, we wish to inform you that the Board of Directors of Sterlite Technologies Limited (the “Company”), at its meeting held on May 12, 2020, has approved, inter alia, the following:

• (a) The Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended March 31, 2020;

The Statutory Auditors of the Company, M/s. Price Waterhouse Chartered Accountants LLP, have issued an Audit Report on the Audited Financial Results of the Company (Standalone and Consolidated) for the year ended March 31, 2020, with unmodified opinion.

• (b) Recommendation of final dividend of 175% (Rs. 3.50/- per Equity Share of Rs. 2/- each of the Company) for approval by the shareholders of the Company. The final dividend, if declared at the Annual General Meeting (the “AGM”) will be paid within the statutory time limits.

• (c) Re-appointment of Mr. Pravin Agarwal as a Whole-time Director (subject to approval of shareholders) for a period of five years from October 30, 2020 upto October 29, 2025

• (d) Re-appointment of Dr. Anand Agarwal as a Whole-time Director (subject to approval of shareholders) for a period of five years from July 30, 2020 upto July 29, 2025.

• (e) Shifting of Registered Office of the Company from jurisdiction of Registrar of Companies, Mumbai to Registrar of Companies, Pune within the State of Maharashtra, subject to the approval of shareholders at the ensuing AGM and Statutory authorities, as may be required.

In this regard, please find enclosed herewith:

• a) Press Release

• b) Investors Presentation on Financial Results;

• c) Audited Consolidated and Standalone Financial Results;

• d) Independent Auditors’ Report on the Statement of Consolidated and Standalone Financial Results; and

• e) Declaration on unmodified opinion, pursuant to Regulation 33(3)(d) of the Listing Regulations.

• f) Brief profiles of Mr. Pravin Agarwal & Dr. Anand Agarwal

We request you to take the aforesaid on records.

Sterlite Technologies Limited Godrej Millennium, 9 Koregoan Road, Pune 411001, Maharashtra, India Registered office: E1, MIDC Industrial Area, Aurangabad - 431 136, Maharashtra, India . CIN - L31300MH2000PLC69261

www.stl.tech

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Further, pursuant to the relaxation provided by SEBI vide its circular dated March 26, 2020 for publishing the financial results in the newspaper under Regulation 47 of the Listing Regulations and considering the lock-down restrictions, the Company will not be publishing the same for this quarter.

Thanking you.

Yours sincerely,

For Sterlite Technologies Limited

AMIT VILAS Digitally signed by AMIT VILAS DESHPANDE DN: c=IN, o=Personal, DESHPAND postalCode=411051, st=MAHARASHTRA, serialNumber=30bd44d206719b30c4ca9c260998783e8162d8f35b846ea24 E 197e94da4189f7b, cn=AMIT VILAS DESHPANDE Date: 2020.05.12 13:17:37 +05'30'

Amit Deshpande Company Secretary & Corporate General Counsel (ACS 17551)

Enclosures: As above

Sterlite Technologies Limited

Godrej Millennium, 9 Koregoan Road, Pune 411001, Maharashtra, India Registered office: E1, MIDC Industrial Area, Aurangabad - 431 136, Maharashtra, India . CIN - L31300MH2000PLC69261

www.stl.tech

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Disclosure required pursuant to Regulation 30 SEBI Regulations read with Schedule III

Disclosure Requirements	Mr. Pravin Agarwal	Dr. Anand Agarwal
Reason for Change viz.appointment,resignation,removal,deathorotherwise;	Re-appointment of Mr. Pravin Agarwala Whole-time Director, subject toapproval of the Shareholders.	Re-appointment of Dr. Anand Agarwalas a Whole-time Director, subject toapproval of the Shareholders.
DateofAppointment/Cessation (asapplicable)&termofAppointment	For a term of five years from October30, 2020 upto October 29, 2025	For a term of five years from July30, 2020 upto July 29, 2025
Brief Profile	Mr. Pravin Agarwal is the ViceChairman and Whole-time Director ofSTL, and the Non-Executive Chairmanof Sterlite Power Transmission. He hasbeen closely involved with the Group’soperations in India since inception andhas been instrumental in the growth ofits telecom and power businesses. Hehasrichexperienceingeneralmanagement and administration thatspans almost three decades.	Dr. Anand Agarwal has been the CEOofSTLsince2003. Underhisleadership, the Company has grownexponentially, from a leading providerof optical fibre to making digitalinclusion possible through designinganddeployinghigh-capacityconvergedfibreandwirelessnetworks. Dr. Anand is a BTech fromIIT Kanpur and an MS and PhD inmaterialsengineeringfromtheRensselaer Polytechnic Institute, USA.He joined STL in 1995.
Disclosure of Relationshipsbetween Directors (in caseofAppointmentofaDirector)	Mr. Pravin Agarwal is part of PromoterGroup of the Company and is brother ofMr. Anil Agarwal, Chairman and fatherof Mr. Pratik Agarwal, Non-executiveDirector of the Company and is notdebarred from holding the office ofDirector by virtue of any order ofSecurities and Exchange Board of India(SEBI) or any other such authority.	Dr. Anand Agarwal is not related toany of the Promoters, Members of thePromoter Group and Directors of theCompany and is not debarred fromholding the office of Director by virtueof any order of Securities andExchange Board of India (SEBI) or anyother such authority.

For Sterlite Technologies Limited

Digitally signed by AMIT VILAS AMIT VILAS DESHPANDE DN: c=IN, o=Personal, postalCode=411051, st=MAHARASHTRA, DESHPAND serialNumber=30bd44d206719b30 c4ca9c260998783e8162d8f35b846 ea24197e94da4189f7b, cn=AMIT E VILAS DESHPANDE Date: 2020.05.12 13:18:20 +05'30'

Amit Deshpande

Company Secretary & Corporate General Counsel

(ACS 17551)

Sterlite Technologies Limited

Godrej Millennium, 9 Koregoan Road, Pune 411001, Maharashtra, India Registered office: E1, MIDC Industrial Area, Aurangabad - 431 136, Maharashtra, India . CIN - L31300MH2000PLC69261