YEAR EVENTS 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 Comp. has signedan MoU with General Cable Corporation, a US wire & cable manufacturing company, to form a 50:50 joint venture Comp. in the US to manufacture & market optical fibre cable products.
- The Comp. has signed an MoU with General Cable Corporation US, whereby GCC existing optical fibre cable manufacturing operations would be spun off into a joint venture.
- The Credit Rating Information Services of India limited Crisil has assigned a rating of `P1+' indicating `very strong' to the Rs 150 crore commercial paper programme of company.
- The Comp. allotted 79,996 No. of Equity shares on exercise of options by employees as per the ESOP scheme.
2002
-Shifted its office to 7, Kirol Road, Vidyavihar - west , Mumbai 400 086. Tel No : 5152768/5982300/5983302. Fax No: 5983720.
2003
-Change in BOD: Mr Haigreve Khaitan, Dr Anand Agarwal appointed as the Additional Directors on the Board. Mr Anil Agarwal, Mr Sandeep Junnarkar & Mr Gautam Doshi resign from the Board of company.
2005
-Delist securities from Delhi Stock Exchange Association Ltd [DSEs] with effect from January 20, 2005.
2007
-Sterlite Optical Technologies Ltd on March 23, 2007 has announced the launch of Sterlite BEND-LITE [Es] Single Mode Optical Fiber specially designed for market requirements of FTTx [Fiber-to-the-Home/Premises] networks & applications.
2008
-Sterlite Technologies wins US$ 17.5 Million contract from EEPCo, Ethiopia.