SILVERTUCNSESilver Touch Technologies LimitedLowNeutral
Announced Thu, 30 Apr · 18:46 IST

Silver Touch Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on April 30, 2026.

Stock SplitBoard & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹164.90
prior close
₹164.90
base price
After-mkt
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-1.3-1.3+0.1-0.7-4.7+2.1+2.3-0.7-5.7-11.3-11.5+5.8+11.3
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AI summary

Silver Touch Technologies reported strong FY2026 results with standalone net profit of Rs 377.69 crore, up 66% from Rs 226.88 crore in FY2025. Total standalone income grew 18% to Rs 3,182.34 crore. The company also completed a stock split (face value Rs 10 to Rs 2) and 1:1 bonus issue with record date March 6, 2026, effectively doubling shares outstanding. The Board approved appointment of Mr. Rahul Girdharilal Advani as Company Secretary and Compliance Officer effective May 1, 2026, succeeding Ms. Kashish Purohit who resigned the same day. Statutory auditors M/s Ambalal Patel & Co issued unmodified opinions on both standalone and consolidated results.

Likely market impact

The substantial profit growth of 66% YoY is positive for shareholders. However, the doubling of share count through stock split and bonus issue means per-share metrics (EPS of Rs 2.98 standalone) should be viewed in context of increased equity base. The seamless KMP transition with no material reasons cited for resignation is neutral.