Sterlite Technologies is committed to serve the best interests of all stakeholders by providing them with up-to-date information. This page will provide you all the relevant information and keep you updated with the latest from the world of Sterlite Technologies.
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Sterlite Technologies Limited has acquired Elitecore Technologies Private Limited (“Elitecore”), a global telecom software product company. Elitecore is a leading provider of Operations Support Services / Business Support Services is ranked amongst one of the leading product-centric IT companies from India that has a global customer base. Documents related to the merger of Elitecore into Sterlite can be accessed here.
The Board of Directors of Sterlite Technologies approved a demerger of the company whereby the power business would be demerged into a separate undertaking. The initiation of the demerger took place on April 1st 2015, and is expected to be completed by March 2016. The proposed demerger is subject to approval by the High Court, SEBI, Shareholders, its creditors and other relevant regulatory authorities. All documents related to the demerger can be accessed here.
The Board of Directors of Sterlite Technologies Limited (STL) have approved the Demerger of passive infrastructure business of Speedon Network Limited, a wholly-owned subsidiary of STL, into STL, at their meeting held on October 27, 2016. The proposed Demerger shall be subject to approval/ sanction of the Scheme by National Company Law Tribunal and such other regulatory authorities, as may be necessary.All documents related to the demerger can be accessed here.