Intimation of execution of service agreement/work order(s)
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Awaiting price reaction for this filing.
Skyline Ventures India Ltd has entered into a one-year service agreement with Hyderabad-based Verrkotech Solutions Pvt. Ltd., effective October 16, 2025. Under the deal, the company will provide market research, data compilation, analysis, and report preparation services on a Pan-India basis after completing a 30-day trial pilot successfully. The initial cumulative work order value is around Rs. 2 crore, with potential to scale up to Rs. 5 crore depending on deliverables. Payments are due within 30 days of invoice submission, subject to satisfactory delivery. The company has classified the agreement as material, citing it as a strategic engagement that will strengthen its presence in the data and market analytics space.
This new contract diversifies the company's revenue stream and adds a recurring/incremental business line in data analytics. For shareholders, the deal signals a step toward growth in the analytics services segment, though the size is modest and execution-linked, so its effect on the stock should be viewed accordingly.