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

Silver Touch Technologies Limited has secured an order worth Rs 6.27 crore from RITES Limited to design, develop, and implement PARAKH, an AI-based Detailed Project Report (DPR) Appraisal & Intelligence Platform. The project targets India's ₹111 lakh crore infrastructure sector, spanning railways, highways, bridges, ports, airports, metro, and tunnels. The order, secured through the Government e-Marketplace (GeM) portal, involves a 24-month execution period.

The platform represents a ground-up AI-native system rather than a conventional software application with added AI features. It incorporates three Self-Hosted Large Language Models — Llama 3.1 70B, Mistral 7B, and Qwen 2.5 7B — deployed on NVIDIA A100 GPU infrastructure within RITES' secure data centre. This architecture ensures zero external data egress, a critical requirement for maintaining data sovereignty and security for a Government of India Navratna enterprise.

Technical Specifications and Security

The system utilises a Hybrid Retrieval-Augmented Generation (RAG) combining semantic vector search with keyword search across 1,000+ historical DPRs. A Four-Layer Hallucination Prevention Framework mandates that every AI-generated insight is citation-backed, source-verified, confidence-scored, and human-approved. The Document Intelligence Pipeline is capable of processing DPRs ranging from 500 to 5,000 pages using OCR, table extraction, and engineering entity recognition.

Integration features include GIS interoperability with the PM GatiShakti National Master Plan, BIM/IFC compatibility, and a Multi-Sector Knowledge Graph linking engineering parameters across eight infrastructure domains. The platform adheres to OWASP Top 10 and LLM-specific security compliance standards.

Strategic Significance

Minesh V Doshi, Executive Director of Silver Touch Technologies Limited, stated that the partnership underscores the company's ability to engineer production-grade AI systems for mission-critical national applications. He highlighted that the platform's self-hosted nature and zero external data dependency are critical for maintaining security and sovereignty. The deployment creates a proprietary domain intelligence moat that deepens with every DPR processed by the system.

RITES Limited, a Navratna and Schedule 'A' Central Public Sector Enterprise under the Ministry of Railways, provides comprehensive consultancy services across transport infrastructure. The project establishes Silver Touch's leadership in AI for national infrastructure governance.