Postal Ballot: 5 Resolutions Including ₹700 Cr RPT with Sterlite Tech

Board & Shareholder Meetings View source PDF

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

+9.7%1-day move

₹19.42

prior close

₹19.60

base price

After-mkt

timing

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+1.1+1.1+1.6+1.9+9.7+11.7+14.9+29.2+29.5+57.8+50.1+38.6+44.2+31.1

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AI summary

STL Networks seeks shareholder approval via postal ballot (e-voting Apr 9–May 8, 2026) for 5 items: (1) material RPT with Sterlite Technologies up to ₹700 cr, (2) material RPT with Sterlite Tech Cables Solutions up to ₹300 cr, (3) borrowing powers up to ₹3,000 cr under Section 180(1)(c), (4) creation of charges on company assets up to ₹3,000 cr, and (5) loans/investments up to ₹1,500 cr under Section 186. All RPTs to be at arm's length basis.

Likely market impact

Shareholders vote on related-party transactions, expanded borrowing (₹3,000 cr), and investment powers by May 8, 2026.