Vision

STERLITE TECHNOL
To connect every home on the planet
Missionand solutions in India and in
Sterlite Technologies Limited manufactures and sells telecom products
optical fiber and other telecom products, such as fiber optical cables, copper telecom cables, struc
for telecom networks, operations support systems /business support service solutions, and billing
design, engineering, implementation, and maintenance of optical fiber cable networks. It also expo
Limited and changed its name to Sterlite Technologies Limited in 2007. Sterlite Technologies Limit
of Twin Star Overseas Limited.

Vision
To connect every home on the planet.

Mission
“To make it easier, faster and more cost-effective for service providers to build telecom and power
optimal solutions for their evolving needs”
 

Corporate Governance
1. The composition of Board of Directors is in terms of SEBI.
2. The composition of the following committees is in terms of SEBI
a. Audit Committee
b. Nomination& Remuneration Committee
c. Stakeholders Relationship Committee
d. Risk Management Committee
3. The committee members have been made aware of their powers, role and responsibilities as sp
4. The meetings of the board of directors and the above committees have been conducted in the m

Management Turnover
Average tenure and age of the Sterlite Technologies management team in years:
3.4-AVERAGE TENURE
49-AVERAGE AGE
The tenure for the Sterlite Technologies management team is about average.

Board Of Directors Turnover

Average tenure and age of the Sterlite Technologies board of directors in years:
8.8-AVERAGE TENURE
60.5-AVERAGE AGE
The tenure for the Sterlite Technologies board of directors is about average.
RLITE TECHNOLOGIES
me on the planet
nd solutions in India and internationally. It focuses on providing telecom products and solutions that include in
pper telecom cables, structured data cables and access equipment, fiber connectivity and system integration
vice solutions, and billing and bandwidth management solutions to organizations. The company also engages
able networks. It also exports its products and services. The company was formerly known as Sterlite Optical T
terlite Technologies Limited was founded in 1988 and is based in Pune, India. Sterlite Technologies Limited is

build telecom and power infrastructure. Sterlite partners with its customers to deliver

and responsibilities as specified in SEBI

e been conducted in the manner as specified in SEBI

n years:

age.

years:

ge.
 d solutions that include integrated
y and system integration solutions
he company also engages in the
known as Sterlite Optical Technologies
e Technologies Limited is a subsidiary

er
“To make it easie
“To make it easier, faster and more cost-effective for service providers to build telecom and power in
uild telecom and power infrastructure. Sterlite partners with its customers to deliver optimal solutions for the
optimal solutions for their evolving needs"
Composition of Board Designation Tenure(yrs) Age Start date Remuneration
Anil Agarwal Non Executive Chairman 12.3 64
Pravin Agarwal Vice Chairman 64 5/18/2015
Arun Todarwal Non Executive & Independent Director 16 61 1/25/2003
Kumud Srinivasan Non Executive & Independent Director 0.7 58 5/22/2018
R. Narayanaswamy Non Executive & Independent Director 11.8 67 4/30/2007
Member of Advisory Board & Non-
Sandeep Das Executive Independent Director 2.3 60 10/16/2017
Dr Anand Agarwal CEO & Whole time Director 15.5 51 7/30/2003
Pratik Agarwal Non Executive Director 6.8 36 4/26/2013
 Promoter /
Remunerations -Unit Non
Name Designation Currency Promoter Executive / Non-Executive
Pravin Agarwal Vice Chairman

Dr Ananad Agarwal Chief Executive Officer

Ankit Agarwal CEO: Product Buisness

Anshoo Gaur CEO: Software Buisness

K S Rao CEO: Service Buisness

Anupam Jindal Chief Financial Officer

Dr Badri Gomatam Chief Technology Officer

Manish Sinha Chief Marketing Officer

Gaurav Basra Chief Strategy Officer

Amitabh Hajela Chief People Officer

Nischal Gupta Chief Transformation Officer

Sanjeev Bedekar Chief Delivery & Tech Officer

Pankaj Priyadarshi Chief Supply Chain Officer

Swati Rangachari Chief Corporate Affairs

 Tenu
Independent / Non-Independent Member Of Board Qualifications Age re Joining Date
Yes 64 3.7
B.Tech- IIT Kanpur,Rensselaer
Yes Polytecmic
BBA, Institute
Finance- USCMSMarshal
& PhD 51 11.3
School Buisness,MBA
NO Enterpreneurship- London 8.9 May-10
Buisness
BS MechanicalSchoolEngineering:NIT-
Karnataka, MS:University of
NO Arizona 50 May-17
B.Tech Mechanical:Jawaharlal Nehru
NO Technology University 47

Company Secretary:The Institute of

Company Secretaries of India,CA,
Buisness Administration &
NO Management: Harvard Buisness School 42 11.9 Apr-06
M.S.& PhD:University of
NO Massachusetts, Amherst 53 7.9 May-11
NO B.Tech- IIT Delhi,MBA-IIM Calcutta 1.6 Aug-17

MBA Strategy:Imperial College London,

Buisness Administration &
Management: Harvard Buisness School
NO Executive Education 3.7 Jul-15
NO PM&IR,HR: XLRI Jamshedpur 49 2.7 Jul-16
Executive General Management: IIM
Banaglore,Executive Program:
NO Singularity University, Silicon Valley 1.9 May-17
NO
B.E Mechanical Engineering: Birla
NO Institute of Technology & Science 53 7 Feb-12
MBA Marketing: FORE School of
Management, Executive Program:
NO Boston University 3 Feb-16
 Last Employed Buyback
Experience Company Precedents Other Business Interests Participation
NA NA

NA NA
Vedanta Member of Indian Angel Network,
14 yrs Resource Plc Co-Founder Dharma Life NA
Founding Curator-Global
Shapers,Member of Indian Angel
Network, Founder-Praveg Systems
28 yrs Amdocs Pvt Ltd. NA

NA NA NA

Copper Mines of
22 yrs Tasmania NA NA
ClariPhy
26 yrs Communications NA NA
23 yrs Quikr NA NA

Mobily Co-Founder : Firnas.org NA

Aon Hewitt NA NA

22 yrs Flipkart NA NA
NA NA

32 yrs Bharti Infratel Ltd. NA NA

VISA NA NA
 Shareholding Pattern
Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17
Promoter
Foreign 52.04% 52.06% 52.16% 52.22% 52.59% 52.26%
Indian 1.79% 1.79% 1.79% 1.79% 1.90% 1.88%
Total Promoters 53.82% 53.85% 53.95% 54.02% 54.49% 54.14%
Non Promoters
Institutions 18.28% 19.55% 18.59% 19.76% 18.39% 19.30%
Non Institutions 27.88% 26.58% 27.44% 26.21% 27.11% 26.56%
Total Non Promoter 46.16% 46.14% 46.03% 45.97% 45.50% 45.86%
Custodian 0.02% 0.02% 0.02% 0.02% 0 0
Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Major holders are Foreign Promoters. Their is a decrease in the foreign promoter
holders from Mar-17 to Dec-18. Their is slight increase in the Indian Promoters but
it came down in 2018. Non Promoters Like Institutions increased from Mar-17 to
Dec-18. Non Institution holdings are Fluctuating Between 15%-20%.
 Jun-17 Mar-17

54.55% 54.75%
1.82% 1.79%
56.37% 56.54%

15.17% 15.81%
28.28% 27.43%
43.45% 43.24%
0 0
100.00% 100.00%

the foreign promoter

he Indian Promoters but
eased from Mar-17 to
5%-20%.
Promoter Holdings

Pravin Agarwal
Ankit Agarwal
Navin Kumar Agarwal
Pratik Pravin Agarwal
Jyoti Agarwal
Sonakshi Agarwal
Ruchira Agarwal
Twin Star Overseas Limited
Vedanta Limited
Pravin Agarwal Family Trust
Institutional Holdings

L&T Mutual Fund Trustee Limited -L&T Emerging Opportunities Fund

Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Equity Advantage Fund
Reliance Capital Trustee Co Ltd.A/C Reliance Power& Infra Fund
Foreign Portfolio Investors
Financial Institutions / Banks
Life Insurance Corporation Of India
Non Institution Holdings

Individual share capital in excess of Rs. 2 Lacs

Individual share capital upto Rs. 2 Lacs
Bodies Corporate
Non-Resident Indian (Nri)
Iepf
Clearing Members
Trusts
Societies
NBFCs registered with RBI