Sterlite Technologies has informed about the Board of Directors (the Board) of Sterlite Technologies (the Company) at its meeting held on July 22, 2021, has approved the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2021. In this regard, it enclosed: Press Release and Investor Presentation on Financial Results; Un-audited Consolidated and Standalone Financial Results; and Limited Review Report on the aforesaid Financial Results. Acquisition of Clearcomm Group, a UK based Network Integration Company – The Company and its wholly owned subsidiary have entered into definitive documents to acquire 100% stake in Clearcomm Group, (through a wholly-owned subsidiary of STL). Clearcomm, is based in the United Kingdom, and is a network integration company. As part of the transaction STL will acquire 80% of the shareholding of the Clearcomm in the first tranche and the balance 20% shareholding will be acquired in the second tranche in 2023. The company also enclosed the disclosures required under Regulation 30, a Press Release and Investor presentation.
The above information is a part of company’s filings submitted to BSE.
