STL Networks Shareholders Approve Five Postal Ballot Resolutions

STL Networks shareholders approved five special resolutions via remote e-voting, including material related party transactions and borrowing powers.
Resolution 1 for transactions with Sterlite Technologies passed with 56.88% votes in favor, facing significant opposition with 43.12% against.
The scrutinizer confirmed a fair and transparent voting process conducted from April 9 to May 8, 2026, with results declared on May 9, 2026.
All resolutions were deemed passed on May 8, 2026, with full compliance to SEBI LODR Regulations and the Companies Act, 2013.