ALPHA TRIBE

Sterlite Technologies LimitedQIP/Rights/Pref., 30-03-2026: Allotment of Securities

30-03-2026 | 12:24 pm

Sterlite Technologies allotted 4.53 Cr Warrants to promoter Twin Star Overseas Ltd at Rs 110 each (₹27.5 upfront payment). This brings an initial fund infusion of ₹ 1,24,57,50,000. Upon conversion, the promoter stake will increase to 47.75% on a fully diluted basis.

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