Sterlite Technologies Limited - NSDL

Registered Address: E1, MIDC Area, Waluj, Aurangabad - 431136, Maharashtra, INDIA. CIN - L31300MH2000PLC269261

Sterlite Technologies Limited Godrej Millennium, 9, Koregoan Road, Pune 411 001, Maharashtra, India Phone: +91-20-30514000 Fax: +91-20-30514113 www.sterlitetech.com

FORMAT OF LETTER OF OFFER PART I

• Proposed Date Of Issue : 12 May 2021

• Credit Rating For CP : CRISIL A1+

• Date of Rating : 20 April 2021 – CRISIL

• Validity for issuance : 30 Days – CRISIL

• Validity period for rating : 23 March 2022 – CRISIL

• For Amount : INR 650 Cr

• Conditions (If Any) : NIL

• Exact purpose Of Issue of CP : Working Capital

• Credit Support (If Any) : N.A.

• Description of Instrument : N.A.

• Amount : N.A.

• Issued By : N.A.

• In Favour of : N.A.

• Net Worth of the Guarantor Company

: N.A.

Names of Companies To Which Guarantor Has Issued Similar Guarantee

: NA

Extent of The Guarantee Offered By The Guarantor Company

: NA

Conditions Under Which The Guarantee Will Be Invoked

: NA

• Details of Current Tranche: :

AMOUNT CURRENT CREDIT RATING

NAME OF CREDIT RATING AGENCY

RATING VALIDITY

IPA ISIN No Maturity Date

INR 100 Cr A1+ CRISIL 23 March 2022 – CRISIL

HDFC Bank INE089C14AZ1 10 Aug 2021

Name & Address of the Trustee : N.A.

Listing

Proposed to be Listed / Unlisted : Listed

Issuing and Paying Agent

: HDFC Bank HDFC Bank House,Treasury Operations,CS No 6/242, SB Marg, Lower Parel, Mumbai 400013

Ltd



:

Market Conventi ons

: FIMMDA CONVENTIONS

CP Borrowing Limit : : INR 650 Cr

Supporting Board Resolution for CP Borrowing - Resolution Dated

: 15th Jan 2020

Total CP Outstanding (As on Date)

: INR 450 Cr

* Issuer’s liability under the CP will continue beyond due date, in case the CP is not redeemed on due date.

Details of CPs issued during the last 15 months: *

ISIN ISSUE DATE

AMOUNT

MATURITY DATE

AMOUNT O/S

IPA CRA RATING

RATED AMOUNT

INE089C14980

13-Feb-

20

5000000000

27-Mar-

20 0

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

4500000000

INE089C14998

20-Feb-

20

1000000000

20-May-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

4500000000

INE089C14AA4

27-Feb-

20

500000000

27-May-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

4500000000

INE089C14AB2

13-Mar-

20

1000000000

11-Jun-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AC0

17-Mar-

20

1000000000

15-Jun-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AD8

29-May-

20

1000000000

27-Aug-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AE6

29-May-

20

1000000000

25-Sep-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AF3

10-June-

20

1000000000

08-Sep-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AG1

18-June-

20

1000000000

16-Oct-20

0 HDFC

BANK LTD ICRA

Ltd

ICRA A1+

6500000000

INE089C14AH9

30-June-

20

2000000000

28-Sep-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AI7

27-Aug-

20

1000000000

29-Oct-20

0 HDFC

BANK LTD ICRA

Ltd

ICRA A1+

6500000000

INE089C14AJ5

22-Sept-

20

1000000000

21-Dec-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AK3

25-Sept-

20

1000000000

24-Dec-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000



INE089C14AL1

28-Sept-

20

1000000000

28-Dec-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AM9

28-Sept-

20

1000000000

17-Dec-

20 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AN7

16-Oct-

20

1000000000

12-Apr-21

0 HDFC

BANK LTD ICRA

Ltd

ICRA A1+

6500000000

INE089C14AO5

29-Oct-

20

1000000000

27-Jan-

21 0

HDFC BANK LTD

ICRA Ltd

ICRA A1+

6500000000

INE089C14AP2

17-Dec-

20

1000000000

17-Mar-

21 0

HDFC BANK LTD

CRISIL Ltd & ICRA Ltd

CRISIL A1+ & ICRA A1+

6500000000

INE089C14AQ0

28-Dec-

20

1000000000

25-Mar-

21 0

HDFC BANK LTD



6500000000

INE089C14AR8

30-Dec-

20

1000000000

26-Feb-

21 0

HDFC BANK LTD



6500000000

INE089C14AS6

05-Jan-

21

500000000

29-June-

21

500000000

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AT4

11-Jan-

21

1000000000

08-Apr-21

0 HDFC

BANK LTD CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AU2

28-Jan-

21

1000000000

28-Apr-21

0 HDFC

BANK LTD CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AV0

04-March

-21

1000000000

02-June-

21

1000000000

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AW8

22-Apr-

21

1000000000

21-June-

21

1000000000

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AX6

28-Apr-

21

1000000000

27-July-

21

1000000000

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

6500000000

INE089C14AY4

29-Apr-

21

1000000000

20-July-

21

1000000000

HDFC BANK LTD

CRISIL Ltd

CRISIL A1+

6500000000

Details Of Other Debt Instruments Outstanding as on 31st March 2021

:

SR NO

ISIN ISSUE DATE AMOUNT MATURITY

DATE AMOUNT O/S

2 INE089C07091 27-Mar-18 1500000000 27-Apr-21 1500000000



Bank fund based facilities from banks/Financial institutions as on as on last quarter end:

Lender’s name/ Name of the Bank

Nature of facility/ instrument

Amount sanctioned

Principal Amount outstanding

Asset classification

ICICI Bank Ltd. Working Capital 5 6

State Bank of India Working Capital 5 -

Yes Bank Working Capital 50 -

Axis Bank Working Capital 50 7

IDFC Bank Ltd. Working Capital 100 -

Indusind Bank Limited* Working Capital 260 -

Bank of Baroda Working Capital 20 -

RBL Bank Ltd. Working Capital 50 -

The Federal Bank Limited* Working Capital 125 125

The Federal Bank Limited* Working Capital 75 20

IDBI Bank Limited Working Capital 20 -

Deutsche Bank AG Working Capital 114 114

Deutsche Bank AG Working Capital 36 16

Union Bank of India Working Capital 10 -

HDFC Bank Ltd.* Working Capital 100 100

HDFC Bank Ltd.* Working Capital 300 79

Export-Import Bank of India Working Capital 80 -

Citi Bank Working Capital 75 45

Citi Bank Working Capital 50 -

Kotak Working Capital 75 -

SHINHAN Working Capital 45 45

First Rand Bank Working Capital 45 -

CTBC Working Capital 50 50

1,740 607 -



Note: The above limits, fund based as well as non-fund based, include the sub-limits/ interchangeability etc. as detailed in the respective sanction letters.

Name And Address of Issuer : Sterlite Technologies Limited

E 1, MIDC Industrial Area, Waluj,

Aurangabad , Maharashtra ,431136

Line of Business : Manufacturing

Chief Executive (Managing Director / President/ CEO / CFO/ Top Most Executive)

: Dr.Anand Agarwal

Group Affiliation (If Any) :

FINANCIAL SUMMARY CY(2021)

LAST Y(2020)

LAST Y(2019)

LAST Y(2018)

EQUITY 79.33 80.79 80.51 80.2 NET WORTH 1789.78 1761.27 1529.92 972.47 INVESTMENT IN SUBSIDIARIES/AFFILIATES 0 0 0 0 TOTAL DEBT OUTSTANDING 2162.93 1872 1528.78 1163.22 SHORT TERM (< 1 YEAR) 1155.81 1105.17 797.48 462.74 -OTHER DEBT 1007.12 766.83 731.3 700.48 GROSS INCOME 4199.68 4793.44 4897.47 2915.76 OPERATING PROFIT (PBITD) 756.15 967.42 1053.85 625.22 GROSS PROFIT (PBTD) 541.05 735.00 886.06 537.38 NET PROFIT (POST TAX) 261.4 433.52 535.24 254.68

Audit Qualifications (If Any) : Refer Independent Auditor’s Report on Page 114-121 of Annual report.

Material Litigation, If Any: None

Regulatory Strictures, If Any : None



Details of Default of CPs, Including Technical Delay in Redemption During Past Three Years: No

Details of Default and Delay in Redemption of Any Other Borrowings During Last Three Years: No

Authorised Signatory of the Issuer

For Sterlite Technologies Ltd

Authorized Signatories

Date: 07-05-2021

Original / Authenticated Copy Of Any Document Related To Above Information Will Be Made Available To The Investors On Request

Sterlite Technologies Limited - NSDL

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