STL Networks Limited
All news and filings related to STL Networks Limited.
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STL Networks Limited's 5th AGM: All resolutions passed, including financial statements and key appointments
STL Networks Limited held its 5th AGM on September 8, 2026. All five resolutions passed, including adoption of FY26 financial statements, re-appointment of Pravin Agarwal as Director, and appointment of Chandrasekhara Rao Battula as Whole-Time Director & Interim CEO. Remuneration for cost auditors and non-executive directors was also approved.
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STL Networks Limited Holds 5th AGM on Sep 8, 2026, Approves Key Resolutions
STL Networks Limited held its 5th Annual General Meeting on September 8, 2026. Key resolutions approved included the adoption of financial statements for FY26, re-appointment of a director, and the appointment of Mr. Chandrasekhara Rao Battula as Whole-Time Director and Interim CEO. Voting results will be filed with regulatory bodies.
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STL Networks Announces Resignation of Marketing Head, Ms. Kuhu Rastogi
Ms. Kuhu Rastogi, Marketing Head and Senior Management Personnel at STL Networks Limited, has resigned. Her last day will be October 31, 2026. The resignation was tendered on September 04, 2026.
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STL Networks: Marketing Head Kuhu Rastogi Resigns, Last Day October 31, 2026
Ms. Kuhu Rastogi, Marketing Head and Senior Management Personnel at STL Networks Limited, has resigned. Her resignation was submitted on September 4, 2026, and her last day will be October 31, 2026. She is leaving to pursue external opportunities.
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STL Networks Limited: High Court Partly Allows Litigation for Smart City Contract
The High Court of Andhra Pradesh has partly allowed a writ petition concerning a Smart City Solutions contract. STL Networks Limited is to receive ₹5.25 Crore within twelve weeks. The petitioner can also pursue a ₹3.78 Crore bank guarantee dispute separately.
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STL Networks Announces 5th AGM and E-Voting Information
STL Networks Limited has announced the dispatch of its 5th Annual General Meeting (AGM) notice. Shareholders can find e-voting information in the published advertisements. The details are also available on the company's website.
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STL Networks Announces 5th AGM on September 8, 2026, Encloses Annual Report
STL Networks Limited will hold its 5th Annual General Meeting on September 8, 2026. The company has also released its Annual Report for the financial year 2025-26. Both documents are being sent to shareholders via electronic mode.
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STL Networks Board Approves Q1 FY27 Financials; Schedules AGM for Sept 8
STL Networks Limited's Board approved Q1 FY27 unaudited financial results. The company also announced the AGM scheduled for September 8, 2026, with August 28, 2026, as the cut-off date. Changes in senior management designations were noted. The Board meeting took place on July 28, 2026.
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STL Networks Limited: Company Secretary & Compliance Officer Resigns
Ms. Meenal Bansal, Company Secretary and Compliance Officer of STL Networks Limited, has resigned. Her last day of employment will be September 08, 2026, with the resignation tendered on July 30, 2026, citing personal reasons.
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STL Networks Board Approves Q1 FY27 Results; Appoints New Senior Management Roles
STL Networks approved Q1 FY27 results on July 28, 2026. Mr. Arun Goyal was redesignated as Head Strategy & Business Development, and Mr. B Lakshmiraman as Head Technology. The 5th AGM is scheduled for September 8, 2026, with August 28, 2026, as the cut-off date. Mr. Kiran Naik was re-appointed Cost Auditor.
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STL Networks Limited: Monitoring Agency Report for Q1FY27 Shows ₹25 Crore Utilization
STL Networks Limited's Monitoring Agency Report for Q1FY27 confirms ₹25 crore utilization for loan repayment from its ₹108 crore preferential issue. Unutilized funds of ₹2 crore are in mutual funds. The company reported increased losses of ₹99 crore in FY26.
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STL Networks Board Approves Q1 FY27 Results, Senior Management Changes, and AGM Date
STL Networks approved Q1 FY27 results and senior management designation changes for Mr. Arun Goyal and Mr. B Lakshmiraman. The 5th AGM is set for September 8, 2026, with August 28, 2026, as the cutoff date. No deviation was reported in fund utilization from preferential warrants and NCDs.
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STL Networks Board Approves Q1 FY27 Results, Announces AGM Date, and Key Management Changes
STL Networks Limited's Board approved Q1 FY27 unaudited consolidated and standalone financial results. Key management designations changed for Arun Goyal and B Lakshmiraman. The 5th AGM is scheduled for September 8, 2026, with August 28, 2026, as the cutoff date. No deviation in fund utilization was reported.
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STL Networks Approves Q1 FY27 Financial Results; Appoints New Senior Management
STL Networks approved Q1 FY27 unaudited consolidated and standalone financial results. Mr. Arun Goyal and Mr. B Lakshmiraman were redesignated to key senior management roles. The company confirmed no deviation in the utilization of funds raised via preferential issue of warrants and NCDs. The 5th AGM is scheduled for September 8, 2026.
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STL Networks Limited Receives Favorable Order Setting Aside ₹6.06 Crore Demand
STL Networks Limited received a favorable order from CGST & CX, Haldia Commissionerate on July 15, 2026. The order set aside a demand of ₹6.06 crores dated February 26, 2026. The company reported no material financial or operational impact.
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STL Networks Allots 4.5 Crore Warrants to Promoter Twin Star Overseas for ₹108 Crore
STL Networks Limited has approved the allotment of 4.5 crore warrants to its promoter, Twin Star Overseas Limited, at ₹24 per warrant. This preferential issue aggregates up to ₹108 crore. Twin Star Overseas has paid ₹27 crore upfront, with the remaining amount due upon conversion. The warrants are convertible into equity shares within 18 months.
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STL Networks Appoints Chandrasekhara Rao Battula as Additional Director & Interim CEO
STL Networks Limited appointed Mr. Chandrasekhara Rao Battula as Additional Director & Interim CEO, designated as Whole Time Director and Key Managerial Personnel. The appointment is effective from June 11, 2026, for a term of one year. Mr. Battula has over 23 years of experience in the telecommunications sector.
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STL Networks Appoints Chandrasekhara Rao Battula as Interim CEO & Whole Time Director
STL Networks Limited accepted the resignation of Whole Time Director Mr. Pankaj Malik, effective June 10, 2026. The company appointed Mr. Chandrasekhara Rao Battula as Additional Director and Interim CEO, designated as Whole Time Director, for a one-year term from his DIN allotment date, subject to member approval.
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STL Networks Appoints Chandrasekhara Rao Battula as Interim CEO & Whole Time Director
STL Networks Limited announced the resignation of Whole Time Director Mr. Pankaj Malik, effective June 10, 2026. The company also appointed Mr. Chandrasekhara Rao Battula as Additional Director and Interim CEO, designated as Whole Time Director for a one-year term. Mr. Battula brings over 23 years of experience.
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STL Networks Appoints Chandrasekhara Rao Battula as Interim CEO, Notes Resignation of Pankaj Malik
STL Networks Limited's Board accepted the resignation of Whole Time Director, Mr. Pankaj Malik, effective June 10, 2026. The company appointed Mr. Chandrasekhara Rao Battula as Additional Director and Interim CEO for a one-year term, subject to member approval. Mr. Battula brings over 23 years of experience.
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STL Networks Appoints Chandrasekhara Rao Battula as Interim CEO, Notes Director Resignation
STL Networks Limited's Board accepted Mr. Pankaj Malik's resignation as Whole Time Director, effective June 10, 2026. Mr. Chandrasekhara Rao Battula was appointed Additional Director and Interim CEO for a one-year term, pending shareholder approval.
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STL Networks Limited: Pankaj Malik Resigns as Whole Time Director; Chandrasekhara Rao Battula Appointed Interim CEO
STL Networks Limited accepted the resignation of Whole Time Director Mr. Pankaj Malik, effective June 10, 2026. Mr. Malik will provide a three-month transition. Mr. Chandrasekhara Rao Battula has been appointed as Additional Director and Interim CEO for one year, subject to member approval.
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STL Networks Board Approves New Interim CEO, Notes Director Resignation
STL Networks accepted the resignation of Whole Time Director Mr. Pankaj Malik, effective June 10, 2026. Mr. Chandrasekhara Rao Battula was appointed Additional Director and Interim CEO for a one-year term, pending member approval. Mr. Battula brings over 23 years of experience. Committee compositions were also revised.
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STL Networks Limited Provides Clarification on Preferential Issue Fund Utilization
STL Networks Limited clarified its Preferential Issue fund utilization. Proceeds will be invested in money market mutual funds and fixed deposits via Scheduled Commercial Banks until fully utilized as per the April 18, 2026, Postal Ballot Notice objectives.
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STL Networks Receives ₹27 Crore Advance for Promoter Preferential Issue
STL Networks received ₹27 crore on June 2, 2026, as an initial subscription from promoter Twin Star Overseas Limited. This is 25% of the ₹108 crore preferential issue of warrants. Shareholder approval was granted on May 19, 2026. The company awaits stock exchange approval for warrant allotment.
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STL Networks Files Revised XBRL for Q4 FY26 Financial Results
STL Networks Limited filed revised XBRL for its consolidated financial results for the quarter and year ended March 31, 2026. The revised filing was submitted on May 21, 2026, following a clarification request from the NSE on May 19, 2026.
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STL Networks Clarifies Preferential Issue Fund Utilization for General Corporate Purpose
STL Networks Limited clarified that up to 25% of its preferential issue proceeds will be used for General Corporate Purposes. The remaining funds will be invested in permitted instruments like mutual funds and fixed deposits until fully utilized for specified objectives.
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STL Networks: Shareholders Approve Resolutions via Postal Ballot on May 19, 2026
STL Networks' shareholders approved resolutions via postal ballot as of May 19, 2026. The resolutions, detailed in the April 18, 2026 notice, passed with the required majority through remote e-voting. Results and the Scrutinizer’s Report are published on the company and stock exchange websites.
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STL Networks Allots 44,996 Equity Shares Under Special Purpose ESOP Scheme
STL Networks Limited has allotted 44,996 equity shares under its Special Purpose Employee Stock Option Scheme- 2025. The shares were exercised at ₹ 2 each, realizing ₹ 89,992. This allotment is part of a scheme to adjust options following a corporate arrangement.
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STL Networks Allots 44,996 Equity Shares Under SP-ESOS 2025 on May 18, 2026
STL Networks Limited allots 44,996 equity shares at ₹2 each under SP-ESOS 2025 on May 18, 2026. The options exercised resulted in ₹89,992. Post allotment, total issued shares are 48,80,76,501, with share capital at ₹97,61,53,002. Each option converts to one fully paid share at ₹2. Earnings per share remain unaffected due to the negligible quantity of shares allotted.
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STL Networks Issues Corrigendum for Postal Ballot Notice on Preferential Issue
STL Networks Limited issued a Corrigendum to its Postal Ballot Notice concerning a preferential issue of warrants. The floor price remains ₹23.8 and issue price ₹24 per warrant. A revised valuation report dated April 18, 2026, has been obtained and is available on the company's website.
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STL Networks Limited Shareholders Approve Key Resolutions via Postal Ballot
STL Networks Limited shareholders approved resolutions concerning related party transactions with Sterlite Technologies Limited and Sterlite Tech Cables Solutions Limited. They also approved borrowing powers and creation of charges on assets, along with investments exceeding statutory limits. The postal ballot process concluded on May 08, 2026.
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STL Networks Limited Board Approves Audited FY26 Financial Results; Reappoints KPMG as Internal Auditors
STL Networks Limited's Board approved the audited standalone and consolidated financial results for the fiscal year and quarter ended March 31, 2026. The company also re-appointed KPMG Assurance And Consulting Services LLP as its Internal Auditors for the financial year 2026-27.
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STL Networks Limited Approves Audited Financial Results for FY26, Reappoints KPMG as Internal Auditors
STL Networks Limited's Board approved audited financial results for the quarter and year ended March 31, 2026. KPMG Assurance And Consulting Services LLP was reappointed as Internal Auditors for FY27. The company also confirmed nil deviation in NCD proceeds utilization.
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STL Networks subsidiary wins UK court case; claim dismissed.
STL Networks' subsidiary, Clearcomm Group Limited, has successfully had a £543,501.07 claim by Comex 2000 (UK) Limited dismissed by the UK High Court. The dismissal followed an out-of-court settlement of £25,000, with no significant financial impact on STL Networks.
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STL Networks Limited: Newspaper Publication on Postal Ballot Dispatch
STL Networks Limited announced the dispatch of its Notice of Postal Ballot and remote e-voting information. The details were published in the Financial Express and Loksatta on April 20, 2026, in compliance with SEBI regulations.
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STL Networks Limited Clarifies Share Price Movement, Cites Market Conditions
STL Networks Limited clarified its share price movement to the NSE, stating it is unaware of any unpublished price-sensitive information. The company attributes the price fluctuations to market conditions and confirms adherence to SEBI Listing Regulations.
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STL Networks Seeks Shareholder Approval for Preferential Issue of Warrants Worth ₹108 Crore
STL Networks is seeking shareholder approval for a preferential issue of up to 4.5 crore warrants to promoter Twin Star Overseas Limited. The issue aims to raise ₹108 crore, with warrants priced at ₹24 each, convertible into equity shares. Remote e-voting will take place from April 20 to May 19, 2026.
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STL Networks Seeks Shareholder Approval for Warrant Issuance to Promoter
STL Networks is seeking shareholder approval via postal ballot for altering its Articles of Association and for issuing 4.5 crore warrants convertible into equity shares to promoter Twin Star Overseas Limited. The total issue size for warrants is ₹108 crore, at ₹24 per warrant. E-voting is scheduled from April 20 to May 19, 2026.
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STL Networks Approves Preferential Issue of 4.5 Cr Warrants Worth ₹108 Crore to Promoter
STL Networks Limited's Board approved a preferential issue of up to 4.5 crore convertible warrants to promoter Twin Star Overseas Limited. The issue is valued at ₹108 crore, with warrants priced at ₹24 each. Each warrant is convertible into one equity share. Amendments to Articles of Association were also approved.
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STL Networks Board Approves ₹108 Crore Preferential Issue of Warrants to Promoter
STL Networks Limited's Board approved amendments to its Articles of Association. It also approved the preferential issuance of up to 4.5 crore warrants to promoter Twin Star Overseas Limited for ₹108 crore. Each warrant is convertible into one equity share at ₹24 per warrant.
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STL Networks Limited Announces Newspaper Publication for Postal Ballot Notice
STL Networks Limited announced the publication of a newspaper notice regarding the dispatch of its Postal Ballot notice. This action complies with SEBI regulations and the Companies Act, 2013. The announcement was made on April 10, 2026.
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Vedanta Limited Confirms No Shareholding Encumbrance in STL Networks for FY25-26
Vedanta Limited confirms no encumbrance on its shareholding in STL Networks Limited for FY25-26. This disclosure was made on April 02, 2026, as per SEBI Takeover Regulations.
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STL Networks seeks shareholder approval for ₹1,000 crore in related party transactions and ₹3,000 crore borrowing.
STL Networks is seeking shareholder approval for material related party transactions totaling ₹1,000 crore with Sterlite Technologies and Sterlite Tech Cables Solutions. Shareholders will also vote on increasing borrowing powers to ₹3,000 crore and exceeding Section 186 limits for investments and loans up to ₹1,500 crore. E-voting is open from April 9 to May 8, 2026.
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STL Networks Files SEBI Compliance Certificate for Q4 FY26
STL Networks Limited submitted a SEBI compliance certificate for the quarter ended March 31, 2026. The RTA, KFin Technologies Limited, confirmed no demat requests were processed during this period. The company has filed this for record with stock exchanges.
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STL Networks Board Approves Material Related Party Transactions and Borrowing Powers
STL Networks' Board approved material related party transactions with Sterlite Technologies and Sterlite Tech Cables Solutions. The board also approved exercising borrowing powers and investing funds beyond prescribed limits. A postal ballot notice will be sent to members.
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STL Networks Closes Trading Window from April 1 for Q4 FY26 Results
STL Networks Limited will close its trading window from April 1, 2026. The window will reopen 48 hours after the declaration of audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Designated Persons and their relatives are restricted from trading during this period.
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STL Networks Allots 45,198 Shares Under ESOP Scheme 2025
STL Networks Limited approved the allotment of 45,198 equity shares under its Employee Stock Option Scheme - 2025. The shares were issued upon exercise of options at ₹2 per share, realizing ₹90,396. The company expects no impact on EPS due to the small number of shares allotted.
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STL Networks Allots 40,341 Equity Shares Under ESOP Scheme 2025
STL Networks Limited has allotted 40,341 equity shares under its Employee Stock Option Scheme 2025. The allotment, approved on February 27, 2026, was upon the exercise of options granted at ₹2 per share. This issuance brings the total issued shares to 48,79,86,306.
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STL Networks Receives ₹6.06 Crore Demand Order from CGST Haldia
STL Networks received a demand order of ₹6.06 crore from CGST Haldia for FY 2019-20. The company disputes the demand and is considering an appeal, expecting no significant financial or operational impact.
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