Sterlite Technologies Strengthens Global IP Position with European Patent Victory and ₹1,500 Crore Capital Raise
Sterlite Technologies Ltd (STL) has achieved a significant legal milestone after winning its European patent dispute against Fujikura Ltd, with the European Patent Office (EPO) Technical Board of Appeal revoking Fujikura's European Patent EP 3796060 in its entirety.
The final, binding and non-appealable ruling, issued following the hearing held on June 24, 2026, resolves the UK patent dispute in STL's favour and further strengthens the company's position in the optical connectivity market across the UK and Europe.
Backed by a portfolio of 785 patents across major global markets, STL continues to reinforce its capabilities in developing optical solutions that support AI-driven digital infrastructure while protecting its intellectual property across North America, Europe, the Middle East and Africa (MEA), India and other international markets.
Separately, the company recently raised ₹1,500 crore through a Qualified Institutions Placement (QIP), issuing 2.57 crore equity shares to institutional investors and increasing its paid-up equity share capital to ₹102.78 crore, comprising 51.39 crore equity shares.
The fundraising attracted participation from leading domestic and global investors, including Motilal Oswal, Nomura, HSBC, Bank of India, Oxbow, Think Investments, Bandhan and Manulife. The proceeds will be primarily used to reduce debt, strengthen the balance sheet and support the company's next phase of growth, highlighting STL's continued focus on financial stability, innovation and expanding its global leadership in optical connectivity solutions.