STL Networks Allots 44,996 ESOP Shares

STL Networks Limited allotted 44,996 equity shares under its Special Purpose Employee Stock Option Scheme 2025.
The allotment generated ₹89,992 in proceeds from the exercise of options at face value of ₹2 per share.
The scheme was implemented pursuant to a demerger arrangement between Sterlite Technologies and STL Networks.
The company confirmed diluted earnings per share remain unaffected due to the negligible quantity of shares allotted.