Silver Touch Technologies has fixed August 17, 2026, as the record date for determining shareholder eligibility for a proposed final dividend of ₹0.10 per equity share. The Board of Directors recommended the 5% dividend at its meeting on July 30, 2026, subject to approval by shareholders at the company’s 32nd Annual General Meeting (AGM). This announcement follows the firm’s strong Q1FY27 financial results, where standalone net profit surged 135.98% year-on-year to ₹10.09 crore.

The AGM will be held on August 24, 2026, via Video Conferencing/Other Audio-Visual Means (VC/OAVM). Shareholders holding equity shares on the record date will be entitled to receive the dividend if approved. The payment will be made within 30 days of the AGM, subject to applicable tax deductions. The Register of Members and Share Transfer Books will remain closed from August 18, 2026, to August 24, 2026.

Financial Context and Dividend Rationale

The dividend recommendation comes on the back of robust operational performance in Q1FY27. Standalone revenue from operations grew 23.17% year-on-year to ₹71.45 crore, while consolidated revenue rose 22.27% to ₹76.72 crore. Profit before tax increased significantly, with standalone PBT jumping 118.93% to ₹13.20 crore. The earnings per share (EPS) stood at ₹0.80 for the standalone entity, up from ₹0.34 in the corresponding period last year.

Note: Figures converted from ₹ Lakhs as per source data.

AGM Agenda and Voting Details

In addition to the dividend approval, shareholders will vote on the re-appointment of Whole Time Directors Vipul Haridas Thakkar and Minesh Vinodchandra Doshi, who retire by rotation. The meeting will also consider the re-appointment of Piyushkumar Mithileshkumar Sinha as an Independent Director for a second term from August 12, 2026, to August 11, 2031.

Remote e-voting will commence on August 21, 2026, at 09:00 AM and conclude on August 23, 2026, at 05:00 PM. M/s Sandip Sheth & Associates has been appointed as the scrutinizer for the e-voting process. The Board also approved investments of up to ₹10.00 crore under Section 186 of the Companies Act, 2013, during the same meeting.

Segment Performance

Domestic operations remain the primary growth driver for Silver Touch Technologies. Standalone domestic revenue grew 27.39% year-on-year to ₹69.09 crore, contrasting with a 37.46% contraction in international revenue to ₹2.36 crore. Consolidated domestic revenue rose 28.10% to ₹69.96 crore, while overseas revenue fell 16.17% to ₹6.76 crore. This divergence highlights a continued reliance on the Indian market amid softer global project cycles.

Silver Touch Technologies Silver Touch Technologies has approved the re-appointment of Mr. Piyushkumar Mithileshkumar Sinha as an Independent Director for a second five-year term. The decision was taken at the Board of Directors meeting held on July 30, 2026, based on the recommendation of the Nomination and Remuneration Committee. The new term is scheduled to commence on August 12, 2026, and will remain valid until August 11, 2031, pending final approval from the company’s shareholders.

The appointment aligns with Regulation 30 (read with Schedule III-Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The Board confirmed that Mr. Sinha is not debarred from holding the office of a Director by any order passed by SEBI or any other regulatory authority. Furthermore, disclosures indicate that he has no relationships with existing Directors, Key Managerial Personnel, or Promoters of the Company.

Mr. Sinha brings over 45 years of experience in advisory, research, training, and management across entrepreneurship, marketing, retail, e-commerce, business strategy, and decision sciences. He currently serves as the Director of CRI Advisory and Research and acts as the Chief Mentor for the Government of India's Startup Village Entrepreneurship Programme (SVEP) at the Entrepreneurship Development Institute of India. His profile highlights significant contributions to developing entrepreneurial ecosystems across multiple states and mentoring startups, particularly in social entrepreneurship.

Professional Background

Mr. Sinha holds a Ph.D. in Management and served as a Professor at the Indian Institute of Management Ahmedabad (IIMA) until March 2018. During his tenure at IIMA, he chaired the Centre for Retailing and the Department of Marketing. He has also taught at IIM Bangalore and XIMB and served as Dean at MICA. Additionally, he advised the Rwanda-India Entrepreneurship Development Centre from 2021 to 2023 under an MoU between the Governments of India and Rwanda. He has authored several books and research publications and is associated with industry bodies including CII.

His board experience includes roles at Gujarat Gas Limited, Infibeam Avenues Limited, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Jade Blue Lifestyle India Limited, and NIFiCentric. The detailed disclosure regarding his re-appointment is available on the company’s website under investor relations.

Key Details of Re-appointment