Appoints Nischal Gupta to drive transformation, Sanjeev Bedekar to scale the Services business and Manish Sinha for exponential customer engagement

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, has strengthened its leadership team with the appointment of Nischal Gupta as Chief Transformation Officer, Manish Sinha as Chief Marketing Officer and Sanjeev Bedekar as Chief Delivery & Technology Officer, Telecom Services. These leaders will drive Sterlite Tech’s leadership position in designing, building and managing broadband networks.

Highlighting the appointments, Dr Anand Agarwal, CEO, Sterlite Tech, said, “Nischal, Manish & Sanjeev bring diverse skills and global experience across technology and digital domains, and I am delighted to welcome them to Sterlite Tech. As we witness digital transformation globally with macro shifts in network technologies and data-consumption patterns, our leadership team will lead and drive the next phase of growth.”

With over 20 years of experience in transformation, strategy, process excellence, technology integration and program management, Nischal has joined Sterlite Tech as the Chief Transformation Officer. He will lead the company in its transformation journey by bringing in world-class practices, technology and processes, to operate in a fast-paced digital world. Nischal’s last role was with Flipkart as Head of Corporate Strategy Execution for the Group CEO where he led process excellence, E2E business transformation, quality, lean and change management. He has also been associated with companies such as Maruti Suzuki, Escorts, Fujitsu, IBM, HP and Lenovo. Nischal completed his MS in IT Services from SUNY, Buffalo, US, his Industrial Engineering from Thapar Institute of Engineering and Technology, Patiala, followed by Executive Management from IIM-Bangalore.

As the Chief Marketing Officer (CMO), Manish brings over 20 years of experience as an innovative business leader who has marketed and built brands, launched product lines, driven win-win deals and run businesses from start-up to stabilised growth. He has managed large multimillion dollar P&Ls in India and the US, across the internet, IT, media, banking and outsourcing businesses. In his last role, Manish was EVP and Business Head of QuikrHomes and Commonfloor.com. He has also worked in leading roles at WNS Global Services, Capital One Financial, Infosys and McKinsey & Co., and has been a founder of several start-ups. In the CMO’s role at Sterlite Tech, Manish will be responsible for leading Sterlite Tech’s global marketing strategy to enable top-line growth and exponential customer engagement. Manish holds a B Tech in Chemical Engineering from IIT-Delhi and MBA in Marketing from IIM- Calcutta.

Sanjeev will drive the service delivery and technology portfolio for Sterlite Tech’s Network Services business. He brings over 30 years of experience in IT and Telecom, having held leadership positions at Bharti Airtel, Tata Teleservices, Reliance Infocomm, DoT and TCS, in the fields of technology, customer experience and business development. He has led roll-outs of large greenfield networks with focus on operations, planning, quality, governance for wireless, optical transport and fixed-line broadband networks that span diverse technologies (2G/3G/4G) and geographies in India, Sri Lanka and Bangladesh. In his earlier role as CEO of Telesonic Networks, Sanjeev led the technology and service delivery for Airtel Broadband, enterprise services and optic transport network for mobile networks. He has completed M Tech from IIT- Delhi, BE (Electronics) and Diploma in Industrial Management.

About Sterlite Technologies:

Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks for key customers such as global service providers, smart cities, rural broadband and large enterprises. Sterlite Tech engages in six continents and more than 100 countries, with a digital networks focused business spanning across products, services and software – optical communication products, network and system integration services, and OSS/BSS software solutions. The Company has state-of-the-art manufacturing facilities in India, China & Brazil, and aims to transform everyday living by delivering smarter networks. With a strong portfolio of 155 patents, Sterlite Tech is home to India’s only Centre of Excellence for broadband research. Projects undertaken by the company include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities’ development, and establishing high-speed Fibre-to-the-Home (FTTH) networks.

Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies’ expected financial position, business strategy, the future development of Sterlite Technologies’ operations and the general economy in India, are forward looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies’ present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies’ industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies’ control, include, but are not limited to, those risk factors discussed in Sterlite Technologies’ various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com.