Sterlite Technologies Limited. — Capital/Financing Update 2024

Sep 30, 2024

www.stl.tech

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September 30, 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.

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

Sub: Intimation of Credit Rating

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that India Ratings and Research (Ind-Ra) has reaffirmed Sterlite Tech Cables Solutions Limited’s (wholly owned subsidiary of the Company) Long-Term Issuer Rating to ‘IND AA-’ with some additions in the rated amount/ instruments.

Instrument	Date of	Coupon	Maturity	Size of	Rating Assigned	Rating
Description	Issuance	Rate	Date	Issue	along with	Action
				(million)	Outlook/Watch
Fund-based working	-	-	-	INR1,500	IND AA-	Assigned
capital limit					/Stable/IND A1+
Fund-based working	-	-	-	INR800	IND AA-	Affirmed
capital limit					/Stable/IND A1+
Non-fund-based	-	-	-	INR300	IND A1+	Affirmed
working capital limit
Term loan	-	-	30	INR780	IND AA-/Stable	Affirmed
			September	(reduced
			2027	from
				INR1,000)

The ratings rationale can be accessed at https://www.indiaratings.co.in/pressrelease/72743

Kindly take the above on record.

Thanking you.

Yours faithfully, For Sterlite Technologies Limited

Amit Digitally signed by Amit Deshpand Deshpande Date: 2024.09.30 e 17:49:52 +05'30' Amit Deshpande 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