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Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the…
Sterlite Technologies received an independent ESG Rating of 59 from Crisil ESG Ratings. This score reflects its Environmental, Social, and Governance performance.
Sterlite Technologies clarified its Long Term Supply Agreement with a leading hyperscaler was signed by a wholly-owned subsidiary, not the parent company. All other agreement details remain unchanged.
STL advanced its decarbonization goals. Key Indian manufacturing facilities now run on 100% Green Power, reducing scope 2 emissions by ~65%. The company also integrated 100% Green Hydrogen in glass manufacturing and cut G.657.A2 fibre's carbon footprint by 80%.
Sterlite Technologies (STL) received a partial court ruling in its favor on a Kakinada Smart City contract. However, all related financial gains will go to the demerged entity, STL Networks Limited.
Sterlite Technologies' 27th AGM is on August 19. The Board has declared no dividend for FY26. Shareholders can e-vote, with August 12 as the cut-off date to determine eligibility.