Scheme of Arrangement between Sterlite Technologies Limited (STL) and STL Networks Limited is effective from March 31, 2025.
Record date is fixed as Thursday, April 24, 2025, to determine shareholders of Sterlite Technologies entitled to receive STL Networks shares.
Share swap ratio is 1:1, meaning 1 equity share of ₹ 2 each of STL Networks will be issued for every 1 equity share of ₹ 2 each held in Sterlite Technologies.
Shareholders holding shares in physical form are requested to submit their demat account details to KFin Technologies Limited (KFinTech) by April 22, 2025 to receive shares in dematerialized form. If details are not received, shares will be credited to a demat suspense account.