Sterlite Technologies Limited. — Proxy Solicitation & Information Statement 2026

Feb 26, 2026

www.stl.tech

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February 26, 2026

National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5[th] Floor, Phirozee Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai - 400 051. Scrip ID - STLTECH Scrip Code - 532374

Sub.: Addendum to the Notice of Extra Ordinary General Meeting (EGM) scheduled to be held on Wednesday, March 04, 2026

Ref.:

1. Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”)

2. Intimation filed by the Company dated February 09, 2026

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI Listing Regulations and our intimation dated February 09, 2026, wherein the Company had informed about issuance of the Notice of the Extraordinary General Meeting (“ EGM ”) of the Company scheduled to be held on Wednesday, March 04, 2026 at 10.30 a.m. (IST) through Video Conferencing (“ VC ”) / Other Audio Visual Means (“ OAVM ”).

Subsequent to the issuance of the notice of the EGM along with the explanatory statement thereto to the members of the Company on February 09, 2026 (“ EGM Notice ”) and pursuant to the applications filed by the Company for obtaining in-principle approval of the BSE Limited (“ BSE ”) and the National Stock Exchange of India Limited (“ NSE ” and collectively with BSE, the “ Stock Exchanges ”) in accordance with Regulation 28(1) of the SEBI Listing Regulations, in respect to the Item No. 2 of the EGM Notice (i.e. issuance of warrants convertible into Equity Shares to Twin Star Overseas Limited, Promoter of the Company on a Preferential basis) (“ Preferential Issue ”), the Stock Exchanges had requested the Company to provide certain clarifications/ information in respect to the Preferential Issue, by way of an Addendum to the EGM Notice.

This additional information is being issued in continuation of the said EGM Notice and shall form an integral part of, and shall always be read in conjunction with the EGM Notice, covering below updates:

1. Revised Valuation Report covering calculation of fair value per share under all three approaches namely (i) Asset Approach, (ii) Income Approach and (iii) Market Approach, without change in floor price or issue price per Warrant which have been arrived at in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018;

2. Revised Certificate by Practicing Company Secretary to align with the format prescribed by Stock Exchanges.

Accordingly, this Addendum is being sent through electronic mode to those Members whose email addresses are registered with the Company/Registrar and Transfer Agent/ Depositories.

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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This Addendum is also being uploaded on the website of the Company at https://stl.tech/preferential-issues2026/ and on the website of Kfin Technologies Limited, Registrar and Transfer Agent, at https://evoting.kfintech.com.

Kindly take the same on record.

Thanking you.

Yours faithfully, For Sterlite Technologies Limited

Digitally signed by MRUNAL MRUNAL ASAWADEKAR ASAWADEKAR Date: 2026.02.26 18:35:58 +05'30'

Mrunal Asawadekar

Company Secretary & Compliance Officer Membership No.: A 24346

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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STERLITE TECHNOLOGIES LIMITED

CIN: L31300PN2000PLC202408

Registered Office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune - 411001 Maharashtra, India Email: secretarial@stl.tech; Website: www.stl.tech; Phone: +91 20 30514000; Fax: +91 20 30514113

ADDENDUM TO THE NOTICE OF EXTRAORDINARY GENERAL MEETING

ADDENDUM TO THE NOTICE of Extra Ordinary General Meeting (“ EGM ”) of the members of Sterlite Technologies Limited (“the Company ”) to be held on Wednesday, March 04, 2026 at 10:30 A.M. (IST) through Video Conferencing (“ VC ”)/ Other Audio Visual Means (“ OAVM ”).

The notice of EGM together with the explanatory statement annexed thereto has been dispatched to the members of the Company on February 09, 2026 (“ Notice ”) in compliance with the provisions of the Companies Act, 2013, read with the relevant rules made thereunder and the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Pursuant to the requirements of Regulation 28(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the Company had filed applications for obtaining the in-principle approval of BSE Limited (“ BSE ”) and the National Stock Exchange of India Limited (“ NSE ” and together with BSE, the “ Stock Exchanges ”) for the proposed preferential issue of convertible warrants as detailed in Item No. 2 ( issuance of warrants convertible into equity shares to Twin Star Overseas Limited, promoter of the Company , on a preferential basis ) of the Notice.

Stock Exchanges have asked the Company to provide certain clarifications and additional information with respect to the proposed preferential issue. Accordingly, the Company has provided additional information to the Stock Exchanges and in compliance with the suggestions of the Stock Exchanges to inform the Shareholders of the Company about following updates. The members of the Company are hereby informed and requested to note that:

1. As advised by Stock Exchanges, the Company has obtained revised Valuation Report dated February 25, 2026 covering calculation of fair value per share under all three approaches namely (i) Asset Approach, (ii) Income Approach and (iii) Market Approach. However, it is pertinent to note that there is no change in floor price [i.e. Rs. 108.15 (Rupees One Hundred Eight and Fifteen Paise only)] per Warrant and issue price [i.e. Rs. 110 (Rupees One Hundred and Ten only)] per Warrant which have been arrived at in accordance with Chapter V of the SEBI ICDR Regulations.

Revised Valuation Report dated February 25, 2026, issued by Mr. Aditya Chokhra, independent registered valuer (Registration No. – IBBI/ RV/ 06/ 2020/ 12719), is available on the website of the Company at https://stl.tech/wpcontent/uploads/2026/02/signed-valuation-report_revised.pdf.

1. As required by Stock Exchanges, the Company has obtained revised Certificate by Practicing Company Secretary dated February 07, 2026, to include the confirmation that pre-preferential holding of the allottee is in dematerialized mode and the proposed issue is as per the provisions of Memorandum of Association of the Company and the same is aligned with format specified by the Stock Exchanges.

A revised certificate dated February 07, 2026 issued by Ms. Ashwini InamdarPracticing Company Secretary (FCS: 9409) and Partner of M/s. Mehta & Mehta, Company Secretaries (Firm Registration No. - P1996MH007500 and Peer review No. - 3686/2023) is available on the website of the Company at https://stl.tech/wp content/uploads/2026/02/PCS-certificate.pdf.

This Addendum should be read in continuation of and in conjunction with the Notice and shall form an integral part of the Notice and all references to the valuation report and certificate from the practicing company secretary should be deemed to include references to the above referred documents. All other contents of the Notice shall remain unchanged.

By order of the Board of Directors

of Sterlite Technologies Limited

Date: February 26, 2026 Mrunal Asawadekar Place: Pune Company Secretary & Compliance Officer (ACS 24346) 4[th] Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune 411001.