Resolution Details

The Members of Sterlite Technologies Limited approved the following special resolution through postal ballot:

  • Item No. 1: Approval for raising funds through Qualified Institutional Placement (QIP), External Commercial Borrowings (ECBs) with rights of conversion into shares, Foreign Currency Convertible Bonds (FCCBs), American Depository Receipts (ADRs), Global Depository Receipts (GDRs), or Optionally/Compulsorily Convertible Redeemable Preference Shares (OCPs/CCPs) pursuant to Section 62 of Companies Act, 2013.

Voting Process and Timeline

  • Cut-off date: Friday, May 8, 2026
  • E-voting period: Monday, May 18, 2026 (10:00 AM) to Tuesday, June 16, 2026 (5:00 PM)
  • Scrutinizer: Mr. B Narasimhan, Proprietor of BN & Associates, Practicing Company Secretary (Membership No. FCS 1303, COP No. 10440)
  • Total members on record date: 231,110 holding 48,81,32,538 equity shares
  • Members who voted: 763 members holding 28,89,41,429 shares
  • Invalid votes: 2,426 shares (0.0084% of votes cast)
  • Net valid votes: 28,89,39,003 shares (59.193% of total outstanding shares)

Voting Results Breakdown

| Category | Shares Held | Votes Polled | % Votes Polled | Votes in Favor | Votes Against | % in Favor | % Against |

| Promoter & Promoter Group | 21,70,13,887 | 21,19,25,847 | 97.655% | 21,19,25,847 | 0 | 100.000% | 0.000% |

| Public - Institutional | 11,75,23,956 | 7,60,96,701 | 64.750% | 7,60,63,205 | 33,496 | 99.956% | 0.044% |

| Public - Others | 15,35,94,695 | 9,16,455 | 0.597% | 8,94,035 | 22,420 | 97.554% | 2.446% |

| Total | 48,81,32,538 | 28,89,39,003 | 59.193% | 28,88,83,087 | 55,916 | 99.981% | 0.019% |

Result Declaration

The special resolution was deemed passed on June 16, 2026 (the last date of voting) as the votes in favor (99.981%) exceeded three times the votes against (0.019%), meeting the requisite majority requirement.

Communication and Disclosure

  • Notice sent via email to 212,740 members whose email IDs were registered
  • Public notice published in Financial Express (English) and Loksatta (Marathi, Pune edition) on May 16, 2026 for members without registered email IDs
  • E-voting conducted through KFin Technologies Limited (RTA) using Electronic Voting Event Number 9709
  • Results available at company's registered office, website (www.stl.tech), and KFin's evoting portal (https://evoting.kfintech.com)

Witnesses and Certification

Vote unblocking witnessed by Mr. Dhawal Varkhedkar and Mr. Nidhan Jain (not employed by the company) on June 16, 2026. Scrutinizer's report dated June 17, 2026, confirms the voting process was fair and transparent.

Financial Impact

The resolution authorizes the company to raise funds through various instruments, but the specific amount, timing, and instrument details are not disclosed in this filing. The financial impact will depend on future fundraising actions taken by the company.