STL Networks (STLNETWORK) — Corporate Action

STL Networks approved the allotment of 4.5 million convertible warrants to promoter Twin Star Overseas at ₹24 per warrant, raising up to ₹108 crore. Each warrant converts into one equity share with a ₹2 face value and ₹22 premium, exercisable over 18 months. The allotment follows board and shareholder approvals and regulatory compliance.

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About STL Networks Limited (STLNETWORK)

Telecommunication · Telecom-Service · Listed on NSE

Market Cap: ₹1,328.54 Cr ROE: -10.9% ROCE: 0.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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