Announcement under Regulation 30 of SEBI Listing Regulation

STLNETWORK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.6%1-day move

₹28.93

prior close

₹30.37

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In-mkt

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AI summary

STL Networks Ltd has submitted a regulatory update clarifying details of a Preferential Issue, following a request from stock exchanges (BSE and NSE). The company clarified that 25% of the issue proceeds will be used for General Corporate Purpose, capped at 25% of the total issue size. Until the funds are fully deployed as per the objects stated in the April 18, 2026 Postal Ballot Notice, the company will invest the proceeds in permitted instruments such as mutual funds and Fixed Deposits with Scheduled Commercial Banks. The filing references earlier communications from May 14, 2026, indicating this is part of ongoing disclosures about the same preferential issue.

Likely market impact

This is a procedural clarification filing rather than a significant announcement. It indicates the preferential issue is progressing through regulatory review. The clarification on fund deployment and temporary investment plans provides transparency but does not contain material new information that would directly impact stock price.