Silicon Valley Infotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/01/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
Awaiting price reaction for this filing.
Silicon Valley Infotech Ltd has informed BSE that its Board of Directors will meet on Tuesday, January 27, 2026. The main agenda item is to consider and approve a proposal for Reduction of Share Capital of the Company, in accordance with the Companies Act, 2013 and other statutory requirements. This reduction is subject to approval from shareholders, stock exchanges, regulatory authorities, and the National Company Law Tribunal (NCLT). The trading window for designated persons and their relatives has been closed as per insider trading regulations.
Share capital reduction is a significant corporate action that could impact the share's face value or the number of outstanding shares. Shareholders should monitor the outcome of the January 27 board meeting and subsequent NCLT approval process, as this could materially affect the stock's structure and price.