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Sterlite Technologies gets nod to raise up to Rs 1000 crore

17 May 2023 Evaluate

Sterlite Technologies has received approval to raise funds by issue of equity shares, any financial instruments and/or security convertible into equity shares, combination of such securities by way of one or more public and/or private offerings, qualified institutions placements and/or preferential allotments and/or rights offering or any combination thereof or any other method in accordance with the provisions of applicable laws, for an aggregate consideration of up to Rs 1000 crore. The Board of Directors of the company at its meeting held on May 17, 2023, has approved the same. 

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.

Sterlite Technologie Share Price

262.45 6.80 (2.66%)
17-Apr-2026 16:59 View Price Chart
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