Announced Fri, 24 Oct · 13:38 IST

The Company has entered service agreement only with Verrkotech Solutions Pvt. Ltd. and not with Verkkotech Technologies Pvt. Ltd.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Skyline Ventures India has clarified that on October 18, 2025, it entered into a service agreement only with Verrkotech Solutions Pvt. Ltd., not with Verkko Technologies Pvt. Ltd. as was mentioned by mistake in an earlier announcement submitted to BSE. The company says it noticed the error and resubmitted the filing immediately with the correct client name. It further states that this is the only service agreement currently in force with this client, and no other agreement has been signed with any similarly named entity. The filing is signed by Director Hannah Priyadarshini and is meant to clear up any confusion among investors.

Likely market impact

This is essentially a name-correction clarification and does not change the underlying business arrangement. Investors should view this as a housekeeping announcement with no material effect on the stock price or company fundamentals, though it reinforces that only one agreement exists with Verrkotech Solutions.