Sterlite Technologies: No Deviation in Preferential Issue Proceeds Use

Sterlite Technologies Limited has confirmed no deviation in the utilization of funds raised through a preferential issue of warrants for the quarter ended June 30, 2026. The company raised ₹1,24,57,50,000, representing 25% of the warrant issue price, on March 30, 2026. Funds were allocated for repayment/servicing of financial facilities (₹373.73 Crores utilized, ₹113.3 Crores deviation) and general corporate purposes (₹124.57 Crores utilized, ₹13.28 Crores deviation). No funds were utilized during the current quarter (Q1FY27), and the reported utilization figures are overall till June 30, 2026. The statement is filed as per SEBI regulations.