Sterlite Technologies Limited has informed the Exchange regarding appointment of Mr. Naveen Bolalingappa in permanent position of Chief Executive Officer (CEO) for Digital Business Unit considered as Senior Management Personnel of the Company effective from July 25, 2025, who was appointed as Interim CEO STL Digital with effect from August 01, 2024.
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Sterlite Technologies' board, at its meeting on July 25, 2025, approved three senior management changes. Mr. Ajay Jhanjhari, a Chartered Accountant with over 15 years of internal experience, was made permanent Chief Financial Officer (he had been interim CFO since May 16, 2025). Mr. Naveen Bolalingappa, with over 30 years in IT Services and previously CFO & COO of STL Digital, was made permanent CEO of the Digital Business Unit after serving as interim CEO since August 1, 2024. Mr. Saumya Mondal, earlier CHRO of the Optical Networking Business, was appointed as Interim Group Chief Human Resources Officer. All three appointments took effect from July 25, 2025.
These are internal promotions formalizing roles that were already held on an interim basis, indicating leadership stability rather than disruption. Shareholders should see continuity in strategy execution, with no resignations or external disruption signals.