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Sterlite Technologies Ltd. Company History and Annual Growth Details

1988
-Copper telecom cables facility started
1992
-Fiber Optic cables facility started
1995
-Optical fiber facility started
1997
-Expansion of optical fiber capacity to 1 million-km
2000
-Demerger of telecom business from Sterlite Industries Limited
-Incorporation of Sterlite Optical Technologies Limited

2001

- As per the Scheme of Demerger the compay has allotted 5,59,12,559 No. of equity shares
of face value Rs 5 aggregating Rs 27.95 crore as per the Scheme.

- The Company has signedan MoU with General Cable Corporation, a US wire and cable
manufacturing company, to form a 50:50 joint venture company in the US to manufacture
and market optical fibre cable products.

- The Company has signed an MoU with General Cable Corporation US, whereby GCC's
existing optical fibre cable manufacturing operations would be spun off into a joint venture.

- The Credit Rating Information Services of India Ltd. Crisil has assigned a rating of `P1+'
indicating `very strong' to the Rs 150 crore commercial paper programme of the company.

- The Company allotted 79,996 No. of Equity shares on exercise of options by employees
as per the ESOP scheme.

2002
-Expansion of optical fiber capacity to 4 million-km
-Offices opened in China & United Kingdom
-Shifted its office to 7, Kirol Road, Vidyavihar - west , Mumbai 400 086. Tel No : 5152768/5982300/5983302. Fax No: 5983720.
2004
-Structured data cables facility started
-Top Telecom Cables Company in India
2005
-Top Telecom Cables Company in India
-Delist securities from Delhi Stock Exchange Association Ltd (DSE) with effect from January 20, 2005.

2006
-Acquisition of power transmission business from Sterlite Industries Ltd
-Commencement of telecom integration & managed services business
-Offices started in Thailand, Russia & UAE
-ELCINA Award
2007
-Expansion of optical fiber capacity to 6 million-km
-Expansion of power conductor capacity to 115,000 MT
-Company has changed its name from Sterlite Optical Technologies Ltd. to Sterlite Technologies Limited
-Office started in South Africa
-Sterlite Optical Technologies Ltd on March 23, 2007 has announced the launch of Sterlite BEND-LITE (E) Single Mode Optical Fiber specially designed for market requirements of FTTx (Fiber-to-the-Home/Premise) networks and applications.

-Ramkrishna Bajaj National Quality Award (RBNQA)- Certificate of Merit 2007

2008

-Office started in USA

-Sterlite Technologies wins US$ 17.5 Million contract from EEPCo, Ethiopia.

--Deloitte Technology Fast 500 Asia Pacific 2008

-TEMA National Telecom Award 2008 - Excellence in Exports

2009

-Expansion of optical fiber capacity to 12 million-km

-Expansion of fiber optic cable capacity to 6 million-km

-Expansion of power conductor capacity to 160,000 MT

-Sterlite Technologies wins Rs 372 crore BSNL contract

-Asia Pacific Entrepreneurship Award (India) 2009

2010

-Sterlite Technologies wins the first mega independent power transmission project.

-Sterlite Technologies have recommended a Final Dividend of 25% (Rs. 0.50/- on Equity Share of Rs. 2/- each of the Company)

-Sterlite Technologies has given the Bonus in the Ratio of 1:1

-Company has splits its Face value of Shares from Rs 5 to Rs 2

2011

-Sterlite Tech to develop 765kV transmission system

- Sterlite Technologies chosen to enhance network for promotion of Higher Education in India

-Sterlite power conductors selected for high voltage & green energy transmission systems.

-Sterlite Tech bags Rs 114 crore contract from BSNL

2012

-Sterlite Technologies signs financial agreements for two of its grid projects

-Sterlite Technologies have recommended a Final Dividend of 15% (Rs. 0.30/- on Equity Shares of Rs. 2/- each of the Company)

2013
-Sterlite Technologies Ltd has informed regarding a titled "Sterlite Technologies receives new orders pegged at around Rs. 630 Crores"
-Sterlite Technologies Ltd has informed regarding a titled "Sterlite Technologies launches enhanced family of bend-insensitive fibers"
- "Sterlite Technologies enters into joint venture with Conduspar Condutores Eletricos to manufacture optical fiber cable in Brazil"
-"Sterlite Grid wins two more power transmission projects".

2014
-"Sterlite Grid commissions two lines and two substations of the Bhopal - Dhule Transmission project"
-Sterlite Technologies Ltd has informed regarding a titled "Sterlite Grid has been awarded a power transmission project to deliver over 1000 MWs of electricity from Punjab to the Kashmir Valley."
-"Sterlite Grid completes India's First Ultra Mega Power Transmission Project"
-" Sterlite Technologies enters into a Joint Venture with VISCAS to manufacture Extra High Voltage Cables in India"
-"Sterlite Technologies to implement end-to-end rollout of Optical Fiber Network for Defense services"
-"Sterlite Technologies successfully tests multi-terabit data transmission over long haul network".

2015
-Sterlite Technologie - Sterlite Grid announces successful refinancing of India's first Ultra Mega Transmission Project, ENICL
-Ericsson to work with Sterlite for smart city initiatives
-Sterlite Technologie - Sterlite Commissions First 765 kV Transmission Project in Private Sector
-Sterlite to set up LCD manufacturing plant
-Sterlite Grid's Jabalpur Transmission Project to Boost Power Access
-Sterlite acquires telecom software company Elitecore
Sterlite Technologies Ltd. the Registered Office of the Company is shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road, Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial Area, Waluj, Aurangabad, Maharashtra 431 136.
-Sterlite Grid and Burns & McDonnell join hands to introduce world class engineering and construction methodologies in Power Transmission Projects

2016
-Sterlite Tech wins second smart city project in Jaipur
-Sterlite Technologies launches Sterlite Academy
-Sterlite Tech features among '100 Best Companies to work for Women in India
-Sterlite Tech wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
-Sterlite Tech wins 2 Frost & Sullivan 2016 Awards

2017

-STL Wins CII-ITC Sustainability Award 2017 for Excellence in Corporate Social Responsibility.

-Sterlite Technologie - Sterlite Tech wins Aegis Graham Bell Award for 'Innovation in Telecom Infra'.

-Sterlite Tech unveils 1152 F variant cables at IMC 2017.

-Sterlite Tech bags Golden Peacock Award.

-Sterlite Tech launches high-speed 5G ready network solution.

2018

-Sterlite Technologies zooms 10% on winning new order.

-Sterlite Tech bags order from Indian Navy.

-Sterlite Tech wins MahaNet citizen network project in Maharashtra".

-Sterlite Tech arm completes acquisition of Metallurgica Bresciana.

2019

-Sterlite Technologies Limited has informed the Exchange about Acquisition of European Data Centre design & deployment company.

-STL Academy creates an ecosystem for deploying complex opticle fibre networks.

-STL launches disruptive portfolio of software products to accelerate CSPs digital reinvention".

-Sterlite Tech completes Kakinada Smart City Project.

2020

-Sterlite Technologies bags Rs 1,800 Cr project from Telangana.

-Sterlite Technologies has signed a definitive agreement to acquire 100% stake in Optotec S.p.A (through a wholly-owned subsidiary). Optotec, based in Italy, provides a complete range of Optical Interconnect products for the telecommunications and FTTH networks across Europe.

-STL was awarded a work order for about Rs 1,100 crore for Phase 1 of the project.

-STL is proud to be associated with T-Fiber.Â

2021

-Sterlite Technologies collaborates with Openreach.

-Sterlite Technologies partners with Australia-based Vocus Group.

-Sterlite Technologies launches Accellus - its flagship solution for 5G network.Â

2022

-STL partners with the American India Foundation (AIF) to launch Digital Equalizer and Improved Learning (DEIL) Program for 300,000 beneficiaries.

-STL, VMware and ASOCS unveil end-to-end 5G Enterprise solution at MWC 2022.

-STL wins INR 170 crore deal for building a Unified Network Management System for PGCIL.

-STL partners with UKÂs Netomnia to fiberise multiple cities for ultra-fast broadband.

-STL and Analog Devices collaborate to build Open RAN 5G radio units.

2023

-"STL achieved a global milestone: World''s first Eco-labelled optical products range unveiled at IMC 2023".

-"STL prepared for cost-efficient MTCTE testing of optical fibre products".

-"STL s optical products testing labs rated highest on stringent quality standards set by NABL and TEC".

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