STL Networks Limited — Proxy Solicitation & Information Statement 2026

May 14, 2026

Invenia™

May 14, 2026

Department of Corporate Services
BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street,
Mumbai - 400001
Scrip Code: 544395, 977344 and 977517

Listing Department
National Stock Exchange of India Limited
C-1, Block G, Bandra -Kurla Complex
Bandra (East), Mumbai- 400051
Scrip Symbol: STLNETWORK

Subject: Corrigendum to the Notice of Postal Ballot dated April 18, 2026

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI Listing Regulations and our intimation dated April 19, 2026, wherein the Company had informed about dispatch of the Postal Ballot Notice dated April 18, 2026 to transact business only through remote e-voting process.

Subsequent to the dispatch of the notice of the Postal Ballot along with the explanatory statement thereto to the members of the Company on April 19, 2026 and pursuant to the applications filed by the Company for obtaining in-principle approval of BSE Limited (“BSE”) and 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 Postal Ballot 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 clarification/information in respect to the Preferential Issue, by way of a Corrigendum to the Postal Ballot Notice.

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

Revised Valuation Report dated April 18, 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. 23.8 (Rupees Twenty-three and Eight Paise only)] per Warrant and issue price [i.e. Rs. 24 (Rupees Twenty-four only)] per Warrant which have been arrived at in accordance with Chapter V of the SEBI ICDR Regulations, 2018.

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

This Corrigendum has been uploaded on the website of the Company at https://inveniatech.com/, the website of Company's Registrar and Transfer Agent (RTA) viz. KFin Technologies Limited ("KFIN") at https://evoting.kfintech.com.

We request you to kindly take this on your record.

Thanking You,

For STL Networks Limited

MEENAL
Digitally signed by
MEENAL BANSAL
Date: 28.05.2019
17:06:00 +00'00'

Meenal Bansal
Company Secretary and Compliance Officer
Membership No.- ACS 35091
Encl: as above

STL Networks Limited
Corporate office : Capital Cyberscape, 15th Floor, Sector 59, Gurugram, Haryana 122102 | T : +91 124 4561850
Registered office : 4th Floor, Godrej Millennium, Koregaon Park Road 9, STS 12/1, Pune, Maharashtra 411001
www.inveniatech.com
CIN-L72900PN2021PLC199875
investors@inveniatech.com

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STL NETWORKS LIMITED

CIN: L72900PN2021PLC199875

Regd. Office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra, 411001

Corporate Office: Capital Cyberscape, 15th Floor, Sector - 59, Gurugram, Haryana, 122102

Tel.: 0124 - 4561850; Email id: investors@inveniatech.com; Website: www.inveniatech.com

CORRIGENDUM TO THE NOTICE OF POSTAL BALLOT

CORRIGENDUM TO THE NOTICE of Postal Ballot sent to the members of STL Networks Limited (“the Company”) dated April 18, 2026 to transact business only through remote e-voting process.

The notice of Postal Ballot together with the explanatory statement annexed thereto has been dispatched to the members of the Company on April 19, 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, Stock Exchanges have advised to inform the Shareholders of the Company about following update.

The members of the Company are hereby informed and requested to note that:

As advised by Stock Exchanges, the Company has obtained revised Valuation Report dated April 18, 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. 23.8 (Rupees Twenty-three and Eight Paise only)] per Warrant and issue price [i.e. Rs. 24 (Rupees Twenty-four only)] per Warrant which have been arrived at in accordance with Chapter V of the SEBI ICDR Regulations, 2018.

Revised Valuation Report dated April 18, 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://inveniatech.com/wp-content/uploads/2026/05/Valuation-Report.pdf

This Corrigendum 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 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

For STL Networks Limited

Sd/-

Meenal Bansal

Company Secretary & Compliance Officer

Membership No. A - 35091

Address: Capital Cyberscape, 15th Floor,

Sector - 59, Gurugram, Haryana, 122102

Place: Gurugram

Date: May 14, 2026