Sterlite Technologies Limited. - Capital/Financing Update 2026

www.stl.tech

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February 07, 2026

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.

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Scrip ID - STLTECH

Scrip Code – 532374

Sub.: Outcome of the meeting of the board of directors of Sterlite Technologies Limited (“Company”) held on February 07, 2026, pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”)

Dear Sir/Madam,

With reference to our letter dated February 04, 2026, and pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of the Company, at their meeting held today i.e. February 07, 2026, has inter alia considered and approved the following businesses:

1. Alternation of the AOA of the Company:

Amendments to the Articles of Association of the Company pursuant to Sections 5 and 14 of the Companies Act, 2013 and other applicable provisions, to incorporate specific clauses related to the issuance of non-convertible and convertible securities including convertible warrants and for other ancillary matters in respect thereof, along with clarificatory amendments to the articles pertaining to further issue of securities by the Company, subject to the approval of the Shareholders of the Company and other necessary approvals, if any.

2. Approved to issue convertible warrants into equity shares of the Company on preferential basis:

The creation, issuance and allotment to Twin Star Overseas Limited, the promoter of the Company, of up to 4,53,00,000 (Four Crores Fifty Three Lakhs) warrants, at a price of Rs. 110 (Rupees Hundred and Ten only) (including the warrant subscription price and the warrant exercise price) per Warrant (“ Warrant Issue Price ”) aggregating up to Rs. 498,30,00,000 (Rupees Four Hundred and Ninety Eight Crores Thirty Lakhs only) (“ Total Issue Size ”), for cash consideration, by way of preferential issue on a private placement basis, in accordance Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, the Foreign Exchange Management Act, 1999, and other applicable laws as amended from time to time and subject to the approval of the Shareholders of the Company. Each Warrant is convertible into, or exchangeable for 1 (One) equity share of the Company of face value Rs. 2 (Rupees Two only) at a premium of Rs. 108 (Rupees One Hundred and Eight only) per share.

The details in respect of the preferential issue, as required to be disclosed under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 on disclosure of material events/ information by listed entities, dated November 11, 2024 (“SEBI Disclosure Circular”) is set out below at Annexure – A.

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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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3. Convening an Extraordinary General Meeting (EGM) for the approval of the shareholders of the Company:

For obtaining the approval of the shareholders of the Company for the aforementioned matters, the Board of Directors of the Company have decided to hold an EGM of the Company on March 4, 2026 through video conferencing and / or other audio-visual means.

The notice of the said EGM will be sent separately to the stock exchange(s) and to the shareholders of the Company and will also be available on the Company's website in due course.

The meeting commenced at 10.00 am and concluded at 11.15 am.

We request you to take the aforesaid on records. Thanking you.

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Yours faithfully, For Sterlite Technologies Limited

MRUNAL Digitally signed by MRUNAL ASAWADE ASAWADEKAR Date: 2026.02.07 KAR 12:12:45 +05'30'

Mrunal Asawadekar Company Secretary & Compliance Officer Membership No.: A 24346

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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

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Details required under Regulation 30 of SEBI LODR Regulations read with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024:

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Sr. Details Disclosure
No.
1. Type of securities proposed to Convertible warrants
be issued
2. Type of issuance Preferential issue
3. Total number of securities Up to 4,53,00,000 (Four Crores and Fifty Three Lakhs) warrants
proposed to be issued or the each at a price of Rs. 110 (Rupees Hundred and Ten only)
total amount for which the (including the warrant subscription price and exercise price)
securities will be issued payable in cash (“ Warrant ”), aggregating up to Rs.
498,30,00,000 (Rupees Four Hundred and Ninety Eight Crores
and Thirty Lakhs only).
Each Warrant is convertible into, or exchangeable for 1 (One)
equity share of the Company of face value Rs. 2 (Rupee Two
only) at a premium of Rs. 108 (Rupees One Hundred and Eight
only) per share.
4. Additional Information in case of preferential issue:
i. Names of investor Twin Star Overseas Limited (“ Allottee ”).
ii. Post allotment of securities Warrants are proposed to be allotted to the following Allottee.
outcome of the subscription Details of the shareholding of the Allottee in the Company, prior
to and after the proposed preferential issue, are as under:
Particulars Pre- Post-Allotment of
(Name of Preferential Warrants pursuant to
the Allotment the Preferential Issue
Investors)
Twin Star 20,94,02,750 25,47,02,750 Shares
Overseas Shares [47.75]%
Limited Note: including 4,53,00,000
[42.90%] warrants on a fully diluted
basis post-allotment.
iii. Issue Price (in case of Rs. 110 (Rupees One Hundred and Ten only) per warrant
convertibles) (including the warrant subscription price and exercise price)
iv. Number of Investors 1 (One)
v. In case of convertibles- Each Warrant will be convertible into, or exchangeable for 1
intimation on conversion of (One) fully paid-up equity share of the Company of face value of
securities or on lapse of the Rs. 2 (Rupees Two only), which may be exercised in one or
tenure of the instrument more tranches during a period of 18 (eighteen) months
commencing from the date of allotment of the Warrants. In the
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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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Sr. Details Disclosure
No.
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event the Allottee does not exercise the Warrants within the aforesaid period, the unexercised Warrants shall lapse and the amount paid by the Allottee on the unexercised Warrants shall stand forfeited.

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

AI assistant

Sterlite Technologies Limited. Capital/Financing Update 2026

59411_rns_2026-02-07_b5415f02-d02d-44fe-832f-04c85e77bb54.pdf

February 07, 2026

1. Alternation of the AOA of the Company:

2. Approved to issue convertible warrants into equity shares of the Company on preferential basis:

3. Convening an Extraordinary General Meeting (EGM) for the approval of the shareholders of the Company:

Annexure A

AI assistant

Sterlite Technologies Limited. — Capital/Financing Update 2026

59411_rns_2026-02-07_b5415f02-d02d-44fe-832f-04c85e77bb54.pdf

February 07, 2026

1. Alternation of the AOA of the Company:

2. Approved to issue convertible warrants into equity shares of the Company on preferential basis:

3. Convening an Extraordinary General Meeting (EGM) for the approval of the shareholders of the Company:

Annexure A

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