Sterlite Technologies Secures ₹960 Crore Order for Optical Fibre Cable Supply
Sterlite Technologies Limited has formalised a significant multi-year supply agreement with a domestic telecom operator valued at approximately ₹960 crore. The contract involves the delivery of optical fibre cables through FY28 and FY29, strengthening the company's mid-term order book.
Sterlite Technologies Raises ₹1,500 Crore via QIP to Strengthen Capital Base
Sterlite Technologies Limited has successfully concluded a Qualified Institutional Placement (QIP), raising ₹1,500 crore through the allotment of 25.73 million equity shares. The capital infusion increases the company's paid-up equity share capital to ₹1,027.79 crore and is intended to support the firm's balance sheet and growth initiatives in the optical connectivity sector.
Sterlite Technologies Secures Mega ₹10,656 Crore Multi-Year Hyperscaler Order
A subsidiary of Sterlite Technologies (STL) has received a massive Product Award Letter from a global hyperscale partner for a multi-year supply contract. Valued at approximately ₹10,656 Crore ($1.11 billion), the agreement focuses on high-density optical connectivity solutions for AI-ready data center builds through FY29.