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Sterlite Technologies Limited. Capital/Financing Update 2024

Nov 8, 2024

59411_rns_2024-11-08_7bf881a2-008e-4d2e-b391-acd95617a728.pdf

Capital/Financing Update

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www.stl.tech

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November 8, 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.

Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Sterlite Technologies Limited emerges as Lowest Bidder (L1 bidder) from Bharat Sanchar Nigam Limited

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

Dear Sir/Madam,

Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, Sterlite Technologies Limited (‘STL’ or ‘the Company’) hereby submits that it emerged as L1 bidder from Bharat Sanchar Nigam Limited (BSNL) for “Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model” – Package 13 (Jammu & Kashmir) as per details enclosed herewith as Annexure ‘A’.

We request you to take the same on record.

Thanking you.

Yours faithfully,

For Sterlite Technologies Limited

AMIT VILAS Digitally signed by AMIT VILAS DESHPAND DESHPANDE Date: 2024.11.08 E 09:21:29 +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

www.stl.tech

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Annexure A

S. No. Particulars Description
1. Name of the entity awarding the order(s)
/contract(s);
Bharat Sanchar Nigam Limited (BSNL)
2. Significant
terms
and
conditions
of
order(s)/contract(s)awarded in brief
General Contract Conditions
3. Whether order(s) / contract(s) have been awarded by
domestic/ international entity
Domestic Entity
4. Nature of order(s) / contract(s); Development
(Creation,
Upgradation
and
Operation & Maintenance) Of Middle mile network
of Bharat Net on Design Build Operate and Maintain
(DBOM)Model – Package 13(Jammu & Kashmir)
5. Whether domestic or international; Domestic
6. Time period by which the order(s) / contract(s) is to
be executed
Three (03) Years for construction & 10 years of
Maintenance Contract @ 5.5% per annum of capex
for 1st 5 years & @ 6.5% per annum of capex for
next 5years
7. Broad consideration or size of the order (s) / contract
(s);
INR 1625,36,49,617.26/- (Indian Rupees One
Thousand Six Hundred Twenty-Five Crores Thirty-
Six Lakhs Forty-Nine Thousand Six Hundred
Seventeen and Twenty-Six Paise only)
8. Whether the promoter/ promoter group companies
have any interest in the entity that awarded the
order(s)/contract(s)?
No
9. Whether the order(s)/contract(s) would fall within
related party transactions? If yes, whether the same
is done at "arm's length".
No

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