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    ALPHA TRIBE

    Sterlite Technologies Limited — QIP/Rights/Pref., 09-02-2026: Preferential issue

    09-02-2026 | 09:11 pm

    Sterlite Technologies proposes a preferential issue of 4.53 Cr convertible warrants to its Promoter, raising ₹498.30 Cr at ₹110/warrant. Shareholders vote March 4, 2026. Funds will be used for 75% debt repayment and 25% general corporate needs, with warrants convertible within 18 months.

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