Silverline Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/02/2026 ,inter alia, to consider and approve Intimation of Board ....
Awaiting price reaction for this filing.
Silverline Technologies has called a Board meeting on 18 February 2026 to consider a strategic investment proposal. The company has received a non-binding Letter of Intent from Trueledger Technologies FZE for acquiring up to 20% equity in the company. Separately, the management has proposed offering up to 20% equity at an aggregate consideration of ₹800 million, implying a post-money valuation of approximately ₹4 billion. The funds would be raised through equity shares or other permissible securities on a preferential basis under the Companies Act, 2013 and SEBI (ICDR) Regulations. The board will also consider appointing a SEBI-registered Registered Valuer to evaluate the transaction. No binding agreement has been signed yet, and the matter is still under consideration.
If approved, this could bring in ₹800 million of fresh capital and introduce a strategic investor (Trueledger Technologies FZE) into the company. However, since no binding agreement exists yet and the matter requires valuation, board, and shareholder approvals, this is still a proposal-stage announcement and may not immediately affect the stock price. Shareholders should watch for the board meeting outcome on 18 February 2026.