STL Networks Clarifies Preferential Issue Fund Utilization

STL Networks Ltd has provided clarification to the stock exchanges regarding the utilization of funds from its Preferential Issue. In continuation of previous communications, the company stated that until the complete utilization of funds as per the objects outlined in the Postal Ballot Notice dated April 18, 2026, the proceeds will be invested in permitted instruments. These include money market mutual funds and Fixed Deposits with Scheduled Commercial Banks. This update will also be available on the company's website.