Company History - Sterlite Technologies
1988
-Copper telecom cables facility started
1992
-Fiber Optic cables facility started
1995
-Optical fiber facility started
1997
-Expansion of optical fiber capacity to 1 million-km
2000
-Demerger of telecom business from Sterlite Industries Limited
-Incorporation of Sterlite Optical Technologies Limited
2001
- As per the Scheme of Demerger the compay has allotted 5,59,12,559
No. of equity shares
of face value Rs 5 aggregating Rs 27.95 crore as per the Scheme.
- The Company has signedan MoU with General Cable Corporation, a US
wire and cable
manufacturing company, to form a 50:50 joint venture company in the
US to manufacture
and market optical fibre cable products.
- The Company has signed an MoU with General Cable Corporation US,
whereby GCC's
existing optical fibre cable manufacturing operations would be spun
off into a joint venture.
- The Credit Rating Information Services of India Ltd. Crisil has
assigned a rating of `P1+'
indicating `very strong' to the Rs 150 crore commercial paper
programme of the company.
- The Company allotted 79,996 No. of Equity shares on exercise of
options by employees
as per the ESOP scheme.
2002
-Expansion of optical fiber capacity to 4 million-km
-Offices opened in China & United Kingdom
-Shifted its office to 7, Kirol Road, Vidyavihar - west , Mumbai 400
086. Tel No : 5152768/5982300/5983302. Fax No: 5983720.
2004
-Structured data cables facility started
-Top Telecom Cables Company in India
2005
-Top Telecom Cables Company in India
-Delist securities from Delhi Stock Exchange Association Ltd (DSE)
with effect from January 20, 2005.
2006
-Acquisition of power transmission business from Sterlite Industries
Ltd
-Commencement of telecom integration & managed services business
-Offices started in Thailand, Russia & UAE
-ELCINA Award
2007
-Expansion of optical fiber capacity to 6 million-km
-Expansion of power conductor capacity to 115,000 MT
-Company has changed its name from Sterlite Optical Technologies Ltd.
to Sterlite Technologies Limited
-Office started in South Africa
-Sterlite Optical Technologies Ltd on March 23, 2007 has announced
the launch of Sterlite BEND-LITE (E) Single Mode Optical Fiber
specially designed for market requirements of FTTx
(Fiber-to-the-Home/Premise) networks and applications.
-Ramkrishna Bajaj National Quality Award (RBNQA)- Certificate of
Merit 2007
2008
-Office started in USA
-Sterlite Technologies wins US$ 17.5 Million contract from EEPCo,
Ethiopia.
--Deloitte Technology Fast 500 Asia Pacific 2008
-TEMA National Telecom Award 2008 - Excellence in Exports
2009
-Expansion of optical fiber capacity to 12 million-km
-Expansion of fiber optic cable capacity to 6 million-km
-Expansion of power conductor capacity to 160,000 MT
-Sterlite Technologies wins Rs 372 crore BSNL contract
-Asia Pacific Entrepreneurship Award (India) 2009
2010
-Sterlite Technologies wins the first mega independent power
transmission project.
-Sterlite Technologies have recommended a Final Dividend of 25% (Rs.
0.50/- on Equity Share of Rs. 2/- each of the Company)
-Sterlite Technologies has given the Bonus in the Ratio of 1:1
-Company has splits its Face value of Shares from Rs 5 to Rs 2
2011
-Sterlite Tech to develop 765kV transmission system
- Sterlite Technologies chosen to enhance network for promotion of
Higher Education in India
-Sterlite power conductors selected for high voltage & green
energy transmission systems.
-Sterlite Tech bags Rs 114 crore contract from BSNL
2012
-Sterlite Technologies signs financial agreements for two of its grid
projects
-Sterlite Technologies have recommended a Final Dividend of 15% (Rs.
0.30/- on Equity Shares of Rs. 2/- each of the Company)
2013
-Sterlite Technologies Ltd has informed regarding a titled Sterlite
Technologies receives new orders pegged at around Rs. 630 Crores
-Sterlite Technologies Ltd has informed regarding a titled Sterlite
Technologies launches enhanced family of bend-insensitive fibers
- Sterlite Technologies enters into joint venture with Conduspar
Condutores Eletricos to manufacture optical fiber cable in Brazil
-Sterlite Grid wins two more power transmission projects.
2014
-Sterlite Grid commissions two lines and two substations of the
Bhopal - Dhule Transmission project
-Sterlite Technologies Ltd has informed regarding a titled Sterlite
Grid has been awarded a power transmission project to deliver over
1000 MWs of electricity from Punjab to the Kashmir Valley.
-Sterlite Grid completes India's First Ultra Mega Power Transmission
Project
- Sterlite Technologies enters into a Joint Venture with VISCAS to
manufacture Extra High Voltage Cables in India
-Sterlite Technologies to implement end-to-end rollout of Optical
Fiber Network for Defense services
-Sterlite Technologies successfully tests multi-terabit data
transmission over long haul network.
2015
-Sterlite Technologie - Sterlite Grid announces successful
refinancing of India's first Ultra Mega Transmission Project, ENICL
-Ericsson to work with Sterlite for smart city initiatives
-Sterlite Technologie - Sterlite Commissions First 765 kV
Transmission Project in Private Sector
-Sterlite to set up LCD manufacturing plant
-Sterlite Grid's Jabalpur Transmission Project to Boost Power Access
-Sterlite acquires telecom software company Elitecore
Sterlite Technologies Ltd. the Registered Office of the Company is
shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road,
Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial
Area, Waluj, Aurangabad, Maharashtra 431 136.
-Sterlite Grid and Burns & McDonnell join hands to introduce
world class engineering and construction methodologies in Power
Transmission Projects
2016
-Sterlite Tech wins second smart city project in Jaipur
-Sterlite Technologies launches Sterlite Academy
-Sterlite Tech features among '100 Best Companies to work for Women
in India
-Sterlite Tech wins Telecom Leadership Forum Awards for transforming
the Broadband infrastructure space
-Sterlite Tech wins 2 Frost & Sullivan 2016 Awards
2017
-STL Wins CII-ITC Sustainability Award 2017 for Excellence in
Corporate Social Responsibility.
-Sterlite Technologie - Sterlite Tech wins Aegis Graham Bell Award
for 'Innovation in Telecom Infra'.
-Sterlite Tech unveils 1152 F variant cables at IMC 2017.
-Sterlite Tech bags Golden Peacock Award.
-Sterlite Tech launches high-speed 5G ready network solution.
2018
-Sterlite Technologies zooms 10% on winning new order.
-Sterlite Tech bags order from Indian Navy.
-Sterlite Tech wins MahaNet citizen network project in Maharashtra.
-Sterlite Tech arm completes acquisition of Metallurgica Bresciana.
2019
-Sterlite Technologies Limited has informed the Exchange about
Acquisition of European Data Centre design & deployment company.
-STL Academy creates an ecosystem for deploying complex opticle fibre
networks.
-STL launches disruptive portfolio of software products to accelerate
CSPs digital reinvention.
-Sterlite Tech completes Kakinada Smart City Project.
2020
-Sterlite Technologies bags Rs 1,800 Cr project from Telangana.
-Sterlite Technologies has signed a definitive agreement to acquire
100% stake in Optotec S.p.A (through a wholly-owned subsidiary).
Optotec, based in Italy, provides a complete range of Optical
Interconnect products for the telecommunications and FTTH networks
across Europe.
-STL was awarded a work order for about Rs 1,100 crore for Phase 1 of
the project.
-STL is proud to be associated with T-Fiber.
2021
-Sterlite Technologies collaborates with
Openreach.
-Sterlite Technologies partners with
Australia-based Vocus Group.
-Sterlite Technologies
launches Accellus - its flagship solution for 5G
network.
2022
-STL partners with
the American India Foundation (AIF) to launch Digital Equalizer and
Improved Learning (DEIL) Program for 300,000
beneficiaries.
-STL, VMware and ASOCS unveil end-to-end 5G
Enterprise solution at MWC 2022.
-STL wins INR 170 crore
deal for building a Unified Network Management System for
PGCIL.
-STL partners with UKs Netomnia to fiberise
multiple cities for ultra-fast broadband.
-STL and Analog
Devices collaborate to build Open RAN 5G radio units.
2023
-STL achieved a global
milestone: World''s first Eco-labelled optical products range
unveiled at IMC 2023.
-STL prepared for cost-efficient
MTCTE testing of optical fibre products.
-STL s optical
products testing labs rated highest on stringent quality standards
set by NABL and TEC.
