Sterlite Technologies demand order liability shifts to STL Networks after demerger

Sterlite Technologies Limited (STL) informed stock exchanges on December 25, 2025, about receiving a demand order from the Office of the Deputy Commissioner of State Tax, Madhya Pradesh. This disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, 2015.

The company clarified that effective March 31, 2025, STL's Global Services Business was demerged into STL Networks Limited, following approval from the National Company Law Tribunal, Mumbai, on February 14, 2025. Consequently, any contingent liability related to this demand order now pertains to STL Networks Limited.

STL Networks Limited has already filed the necessary disclosure regarding this matter with BSE Limited and National Stock Exchange of India Limited on December 25, 2025, in accordance with SEBI Listing Regulations and a SEBI Master Circular.