Sterling Tools Ltd

Transaction details

• Target: Sterling Tools Limited; Acquirer/Seller: Anil Aggarwal (Promoter) acting in concert.
• Transaction type: disposal of voting rights, 80,000 shares.
• Pre-transaction holding: 51,10,583 shares (14.06% VR).
• Post-transaction holding: 50,30,583 shares (13.84% VR).
• Date of transaction: 24 August 2026.
• Equity share capital before/after: 3,63,44,426 shares of Rs 2.

Capital context

• Paid-up capital: Rs 7,26,88,852; 3,63,44,426 shares.
• Total diluted capital after: 3,63,44,426 shares.

Acquisition overview

• Target: Sterling Tools Limited.
• Acquirer: Akhill Aggarwal (Promoter).
• Promoter group: Yes.
• Exchanges: BSE Limited; National Stock Exchange of India Ltd.
• Pre-acquisition holding: 31,71,838 equity shares (8.73%).
• Acquired: 80,000 voting rights shares (0.22%).
• Post-acquisition holding: 33,51,838 shares (8.95%).
• Mode: Off-market gift transfer between immediate relatives.
• Date: 24 August 2026.
• Equity capital before: Rs 7,26,88,852 (3,63,44,426 shares @ Rs 2).
• Equity capital after: Rs 7,26,88,852 (3,63,44,426 shares @ Rs 2).
• Total diluted share capital after: Rs 7,26,88,852.
• Salient features: Not applicable.

AGM and annual report

• AGM scheduled for 4 September 2026 at 11:00 IST via VC/OAVM.
• Annual report FY2025-26 and AGM notice dispatched by email to registered shareholders.
• Web link and path provided to access annual report and AGM notice.

KYC/PAN updates for physical shareholders

• SEBI circular requires updating PAN, KYC, and bank details with RTA/Company.
• Physical shareholders must file ISR-1/ISR-2/SH-13/SH-14/ISR-3 via MAS Services.
• Unupdated PAN/KYC may bar grievances and service requests.

Dividend proposal and payout

• Board recommends dividend of Rs 2.75 per share for FY2025-26, subject to AGM approval.
• Dividends to be paid electronically; no physical dividend warrants.
• Demat shareholders should update bank details with DP for electronic payout.

Key investor updates

• AGM scheduled for 4 September 2026 via VC/OAVM at 11:00 IST.
• Annual Report 2025-26 and AGM Notice dispatched by email to registered shareholders.
• Shareholders without registered email will receive a letter with the web link to access the report.
• SEBI circular requires updating PAN, email, mobile, KYC, and bank details for security holders.
• Physical shareholders must update PAN and KYC with RTA to access grievances or services.
• Dividend of Rs 2.75 per equity share for FY2025-26 recommended, subject to AGM approval.
• Dividend payments to be processed electronically; no physical dividend warrants.
• Demat holders should update bank details with DP to receive electronic dividends.
• Web link provided to access annual report and AGM notice.

Corporate action details

• Record date for AGM entitlement and final dividend for FY 2025-26.
• Equity shares of ₹2 each.
• Book closure: 29 Aug 2026 to 4 Sep 2026 (inclusive).
• Record date: 28 Aug 2026.
• Final dividend, subject to AGM approval; payable within 30 days of declaration.
• AGM scheduled 4 Sep 2026 at 11:00 IST via VC/OAVM.

Meeting Details

• Date/time: 6 August 2026, 11:00 IST.
• Type/mode: Group earnings conference call, virtual.
• Event: Q1 FY27 Earnings Conference Call.
• Organiser: Sterling Tools Limited; IR advisor: Strategic Growth Advisors (SGA).

Participants

• Management: Managing Director, Directors, and Chief Financial Officer attended.

Purpose

• Discuss Q1 FY27 financial and operational performance.

Additional Notes

• Transcript attached; available on the company's website; presentation uploaded.

Meeting Details

• Date and time: 6 August 2026 at 11:00 IST.
• Type/Mode: Group investor conference call (virtual).
• Event/Organizer: Q1 FY27 Earnings Conference Call (Analyst/Investor Meet).

Participants

• Key company participants: Managing Director; Directors; Chief Financial Officer.

Purpose

• Discuss Q1 FY27 financial and operational performance for quarter ended 30 June 2026.
• Overview of outlook and strategic implications discussed.

Availability

• Transcript attached; available on STL website.
• Earnings presentation uploaded on STL site and stock exchanges.
• Conference recording available.

Dividend and tax withholding

• Dividend proposed: Rs 2.75 per share for FY2026.
• Record date: 28 August 2026; AGM approval required.
• Payout will be electronic; no cheque or payables at par.
• Resident TDS: 10% on dividend; nil if annual payout ≤ Rs 10,000.
• Non-resident TDS: 20% or DTAA benefits if eligible.
• Form 121 enables nil/lower TDS for eligible residents; deadline 28 Aug 2026.
• Form 41 required for non-residents with PAN to claim DTAA benefits.
• Documents to upload by 28 August 2026 with Mas Services.
• RTA Mas Services contact for tax documentation; update with depositories or RTA.
• Update bank details for electronic dividends; physical warrants eliminated.