5443952026-08-205443952026-08-20in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMember5443952026-08-20in-capmkt:DevelopmentInRelationToProceedingsMemberSTLNETWORKSTL NETWORKS LIMITED544395NOTLISTEDINE1VXE01018Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-08-2011:52:002026-08-20Development in relation to proceedingsThe Hon'ble High Court of Andhra Pradesh at Amaravati, vide order passed by Hon'ble Justice Sri Harinath N. in Writ Petition No. 39920 of 2022, has partly allowed the writ petition filed by Sterlite Technologies Limited against the State of Andhra Pradesh, Kakinada Smart City Corporation Limited and others, in relation to the Contract for Development and Implementation of Smart City Solutions in Kakinada dated June 30, 2017. The Hon'ble Court has directed Respondents, as specified in the above mentioned writ petition, to verify and release the approved and admitted amount of Rs. 5,25,00,000/- (Rupees Five Crore Twenty Five Lakh only) to the Petitioner within a period of twelve (12) weeks from the date of receipt of the order, with no order as to costs. The petitioner has been granted liberty to separately raise its grievance regarding encashment of the bank guarantee amounting to Rs. 3.78 Crores, by invoking the dispute resolution clause under the contract.2026-08-20The Hon'ble High Court of Andhra Pradesh at Amaravati, vide order passed by Hon'ble Justice Sri Harinath N. in Writ Petition No. 39920 of 2022, has partly allowed the writ petition filed by Sterlite Technologies Limited against the State of Andhra Pradesh, Kakinada Smart City Corporation Limited and others, in relation to the Contract for Development and Implementation of Smart City Solutions in Kakinada dated June 30, 2017. The Hon'ble Court has directed Respondents, as specified in the above mentioned writ petition, to verify and release the approved and admitted amount of Rs. 5,25,00,000/- (Rupees Five Crore Twenty Five Lakh only) to the Petitioner within a period of twelve (12) weeks from the date of receipt of the order, with no order as to costs. The petitioner has been granted liberty to separately raise its grievance regarding encashment of the bank guarantee amounting to Rs. 3.78 Crores, by invoking the dispute resolution clause under the contract.CompanyThe said notice has been issued in the name of Sterlite Technologies Limited. The case details mentioned hereinabove pertain to the Global Services Business vertical of Sterlite Technologies Limited which has been demerged into STL Networks Limited with effect from close of business hours of March 31, 2025.