M&A Critique

Sterlite Technologies to Demerge its Global Services Business

The Board of Directors of Sterlite Technologies Limited (“STL”) at its meeting held on May 17, 2023 has considered and approved a Scheme of Arrangement (“Scheme”) between Sterlite Technologies Limited (the “Demerged Company”) & STL Networks Limited (the “Resulting Company”) and their respective shareholders and creditors, under Sections 230 to 232 and other applicable provisions ...

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Aniruddha Jain