STL Networks Limited announced the allotment of 24,879 equity shares of face value ₹2 each under its Special Purpose Employee Stock Option Scheme 2025 (SP – ESOS 2025). The allotment was approved by the Authorization and Allotment Committee at its meeting held on January 16, 2026, upon the exercise of options granted under the scheme.

The scheme has been formulated to restore value by making fair and reasonable adjustments to options granted under the ESOP Schemes of the Demerged Company. Each eligible employee is granted one option under SP – ESOP 2025 for every one option outstanding in the Demerged Company. The options were exercised at a price of ₹2 per share, realizing ₹49,758. The company stated that the earnings per share remain unaffected due to the negligible quantity of shares allotted.

These shares are identical in all respects to the existing shares and will be listed on BSE Limited and the National Stock Exchange of India Limited. The company also mentioned that the details required under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, were filed on October 28, 2025.