Announcement
Awaiting price reaction for this filing.
Silverline Technologies held its 33rd Annual General Meeting on 31st October 2025 via video conferencing, lasting just 20 minutes from 3:00 PM to 3:20 PM IST. Out of 2,00,641 shareholders on record (as of 24th October 2025), only 175 public shareholders attended, and notably no promoter group members were present. Six resolutions were proposed: adoption of FY2024-25 audited financial statements, re-appointment of Mr. Mosim Sodha Abhubakhar (retiring by rotation), appointment of statutory and secretarial auditors, and appointment of two new non-executive independent directors — Mr. Nayankumar Patel and Mr. Rai Sunny Jagapatraj. Remote e-voting ran from 28th to 30th October 2025, with scrutiniser M/s. P.M. Vala & Associates overseeing the process. No registered shareholder speakers participated, so no queries were raised. The voting results and scrutiniser's report are yet to be submitted to the stock exchange.
This is a routine AGM compliance filing; the actual resolutions are not confirmed approved until the e-voting results are released, which the company has stated it will submit within SEBI-mandated timelines. The absence of promoters and very thin shareholder participation (175 out of ~2 lakh) may be a point of interest for governance-minded investors, though not unusual for small-cap companies.