Sterlite Electric

  • India | Leadership | News

    Sumil Mathur appointed Group CFO at Sterlite Electric

    Sterlite Electric has appointed Sumil Mathur as Group Chief Financial Officer (CFO). He will oversee global financial strategy, capital management and corporate governance across the group’s businesses. In his new role, Mathur will be responsible for financial management and supporting strategic growth initiatives across business verticals. He joins Sterlite Electric after serving at Emaar India as Chief Operating Officer (COO) and Chief Financial Officer (CFO), where he was involved in operational restructuring and financial stabilisation….

  • India | Finance | News

    Sterlite Electric files DRHP with SEBI for IPO

    Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will consist of a fresh issue of up to 7.793 million equity shares and an offer for sale of up to 7.796 million equity shares, aggregating around 15.589 million equity shares. Promoters Anil Agarwal and Twin Star Overseas Limited, part…