Why Did Sterlite Technologies Raise ₹1,500 Crore Through a QIP? Sterlite Technologies Ltd (STL) has raised ₹1,500 crore through a Qualified Institutional Placement (QIP) as the broadband technology company looks to strengthen its balance sheet and fund its next phase of growth. The fresh capital will primarily be used to reduce debt while creating additional … Continue reading Sterlite Technologies Raises ₹1,500 Crore Through QIP to Fund Growth Plans