Announcement
Awaiting price reaction for this filing.
Silverline Technologies Ltd held its 33rd AGM on October 31, 2025 via video conferencing, where all six resolutions were approved by shareholders with overwhelming majority (99.9991% in favour). The resolutions covered adoption of FY25 audited financial statements, re-appointment of Mr. Mosim Sodha Abhubakhar (DIN: 10732712) as director retiring by rotation, appointment of M/s Sarang Shivajirao Chavan & Associates as statutory auditors for a 5-year term (FY2025-26 to FY2029-30), appointment of M/s P.M. Vala & Associates as secretarial auditors for 5 years, and appointment of two new non-executive independent directors (Mr. Nayankumar Patel and Mr. Rai Sunny Jagapatraj) for 5-year terms. Out of 200,641 total shareholders, 175 public shareholders attended via VC, with 6.82 crore votes (43.76% of outstanding shares) polled by public non-institutional holders. Promoter group holding is negligible at just 5,625 shares.
Routine procedural outcome with no material surprises — all items passed cleanly with negligible dissent (just 593 votes against across all resolutions). The appointment of two new independent directors and new statutory/secretarial auditors reflects typical board refreshment, with no immediate share-price implications expected.