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Sterlite Technologies Limited. — Board/Management Information 2024
Nov 14, 2024
59411_rns_2024-11-14_b24fd9e1-4f78-4d4e-bd2f-586643b69e10.pdf
Board/Management Information
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November 14, 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.: Intimation under Regulations 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”)
Ref.: Scrip ID - STLTECH/ Scrip Code - 532374
Dear Sir/Madam,
We wish to inform that Mr. David De Craemer , Business Head Global Optical Connectivity, has tendered his resignation to seek opportunities outside of the Company (Resignation letter attached). Mr. David will be relieved effective close of business hours of November 30, 2024.
Mr. Binod Balachandran , who has been the Chief Operations Officer for Optical Connectivity, will take over the role of interim Business Head Global Optical Connectivity. A long-standing member of our leadership team, Binod has been instrumental in incubating the connectivity business from scratch – building the team, products and the business which is spread across India, MEA, EU and NAM. Binod comes with a rich experience in diverse portfolios such as sales, business development, solution sales, product management, application engineering, product development and manufacturing. In his previous stints, he has been associated with SFO, Commscope, Schneider and TE connectivity.
We request you to take the aforesaid on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
Digitally signed AMIT VILAS by AMIT VILAS DESHPAND DESHPANDE Date: 2024.11.14 E 15:26:47 +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
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To Mr. Ankit Agarwal, CEO, Sterlite Technologies Limited
CC: Ms. Anjali Byce, GCHRO, Sterlite Technologies Limited
Sub: Resignation
As I take a next step in my professional journey, I am announcing my decision to resign from STL. Over the last 14 months, it has been a privilege to serve as the Business leader for STL’s Optical Connectivity Business.
With the team we could bring structure, vision and a long-term roadmap for the Optical Connectivity business and could mark this in Q2’25 where the business unit delivered its highest revenue quarter in the history of STL.
The OC Business unit has grown to be a strong pillar in STL’s success in providing end-to-end solutions to customers around the globe.
I would like to thank the Chairman and the Board of STL, the CEO and his staff for their support. I would like to wish the team plenty of success to take the company and the business unit to greater heights in the future.
With regards
Dated 14 November 2024
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David De Craemer
Business Lead Optical Connectivity STL