Sterling Tools Limited announced the outcome of its Board of Directors meeting held on February 3, 2026. The board approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025, along with the limited review reports. In significant management decisions, the board approved the re-appointment of Mr. Anil Aggarwal as Chairman & Whole Time Director for a period of five years, effective from April 1, 2026. Similarly, Mr. Atul Aggarwal was re-appointed as Managing Director for a five-year term, also effective from April 1, 2026, subject to member approval. The company also approved the allotment of 1,60,108 equity shares under its ESOP plan to eligible employees upon exercise of vested options. This allotment will increase the paid-up share capital. Furthermore, the Corporate Social Responsibility Committee was reconstituted, with Mr. Atul Aggarwal joining as a member effective February 4, 2026. The board also approved a Postal Ballot Notice for shareholders to seek approval for the re-appointments of Mr. Anil Aggarwal and related remuneration.
