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Sterlite Technologies Limited. Capital/Financing Update 2024

Nov 13, 2024

59411_rns_2024-11-13_a75ba382-d0c2-4a23-abc0-3b2732a544e6.pdf

Capital/Financing Update

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www.stl.tech

==> picture [79 x 31] intentionally omitted <==

November 13, 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 ICRA has revised below ratings for the Company:

Pursuant to Regulation 30 of the SEBI (Listing Obligat2015, we wish to inform you that ICRA hasrevised b ions and Disclosure Requirements) Regulaelow ratings for the Company:
Total Bank Loan Facilities Rated Rs.4475 Crore
Long Term Rating [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative
Short Term Rating [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative
25.15 million euros bank limits [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative
Rs.500 Crore Commercial Paper ICRA A1+Reaffirmed

The ratings rationale can be accessed at below link https://www.icra.in/Rationale/ShowRationaleReport?Id=131036

Kindly take the above on record.

Thanking you.

Yours faithfully, For Sterlite Technologies Limited

AMIT VILAS Digitally signed by AMIT VILAS DESHPAND DESHPANDE Date: 2024.11.13 E 15:39:01 +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