Sterlite Technologies Limited (STL) has successfully completed the demerger of its Global Services Business, transitioning it to STL Networks under the brand name "Invenia." This strategic move aims to drive growth for both entities by allowing them to operate independently with greater agility and focus. The demerger marks a significant milestone in STL's journey, enhancing value for investors and strategic partners. STL Networks will provide state-of-the-art system integration services and digital solutions, positioning itself as a key player in digital transformation.
Source: NSE India Press Release