STL Networks (STLNETWORK) — Board Meeting

📢 Key Event
STL Networks passed all AGM resolutions including financial approvals and director appointments.

🔄 What Changed
Reappointment of Chairman Pravin Agarwal; appointment of Chandrasekhara Rao as Whole-Time Director and Interim CEO; increase in his managerial remuneration limit; approval of non-executive director commission policy.

💡 Investor Takeaway
Shareholders approved key governance and leadership changes, signaling confidence in current management continuity and strategic direction.

STL Networks held its 5th AGM on September 8, 2026 via video conference, approving audited financials, reappointing Chairman Pravin Agarwal, appointing Chandrasekhara Rao as Whole-Time Director and Interim CEO, increasing his managerial remuneration limit, and approving non-executive director commission in low-profit scenarios. All resolutions passed with quorum confirmed and e-voting conducted from September 4-7, 2026.

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About STL Networks Ltd (STLNETWORK)

Telecommunication · Telecom-Service · Listed on BSE

Market Cap: ₹1,813.2 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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