The Board in its meeting held today considered and approved the unaudited financial results for the quarter ended 30.06.2025
Awaiting price reaction for this filing.
Silicon Valley Infotech's board, at its meeting on 13 August 2025, approved the unaudited standalone financial results for the quarter ended 30 June 2025, which were subjected to a limited review by the statutory auditors (Agarwal Sanganeria & Co.) with an unmodified (clean) conclusion. The company operates in a single segment — Financial Services. An exceptional item of Rs. 21.89 lakhs was booked, relating to certain physical shares that were written off long ago but have now been traced and credited back to the DP account. Alongside the results, the board appointed Dash & Associates as internal auditor for FY 2025-26, Ankita Goenka & Associates as secretarial auditor for a five-year term (FY 2025-26 to FY 2029-30), and Smt Madhu Prajapat as Executive Director. The notice and Director's Report for the AGM for FY ended 31 March 2025 were also approved.
Routine quarterly filing with a clean limited review, but shareholders should note the one-time positive exceptional gain of Rs. 21.89 lakhs from recovered shares. Several governance changes (new internal auditor, secretarial auditor, and an additional executive director) are being made in the same meeting, which investors may want to track for continuity and compliance purposes.