Silverline Technologies Limited has announced significant business updates including platform infrastructure upgrades and a strategic repositioning of its artificial intelligence division. The developments were communicated to BSE Limited under Regulation 30 of SEBI listing requirements on April 2nd, 2026.

Platform Maintenance and Infrastructure Enhancement

The company has initiated scheduled platform maintenance expected to last 24-72 hours to address unprecedented user growth. The maintenance follows a remarkable surge in platform engagement, with management reporting an approximately 45% increase in Daily Active Users (DAU).

The comprehensive backend infrastructure upgrade aims to ensure seamless scalability and provide uninterrupted user experience. Management has assured stakeholders that services will resume with enhanced capacity and optimized performance following the upgrade completion.

Strategic AI Division Pivot

Silverline Technologies has announced a strategic pivot for its Artificial Intelligence branch, citing ongoing macroeconomic environment and shifting global geopolitics as driving factors. The AI division will redirect its research and resources toward developing proprietary solutions in three specialized sectors.

The company's new AI focus areas include:

• Cyber Warfare: Development of advanced threat-detection and defense mechanisms for enterprise and state-level digital security
• Supply Chain Management: Deployment of predictive AI models to secure and streamline global supply chains against geopolitical disruptions
• Energy Management: Building intelligent systems for grid optimization, resource allocation, and sustainable energy distribution

Strategic Positioning and Market Outlook

Management believes this strategic realignment will position Silverline Technologies at the forefront of critical, high-demand global sectors. The pivot represents a focused approach toward sectors experiencing increased demand due to current geopolitical and economic conditions.

The company expects this repositioning to drive long-term value for shareholders by targeting sectors with sustained growth potential and critical infrastructure importance.

Corporate Communication

The business updates were formally communicated by Managing Director & CFO Yakinkumar Bansilal Joshi under his digital signature. The company has indicated that this information will also be made available on its official website for stakeholder access.

Silverline Technologies Limited has successfully resolved a long-standing legal dispute with Apex Urban Co-operative Bank of Maharashtra and Goa Ltd. (in liquidation), marking a significant milestone for the company's financial and operational future.

Settlement Details

The technology firm has reached a court-recorded settlement of ₹26.00 crores, representing a substantial 28% reduction from the original claim of ₹35.98 crores. This agreement, approved by the High Court of Bombay, includes the withdrawal of all civil and criminal proceedings by the creditor.

Payment Structure

Silverline Technologies has already made progress on the settlement, having paid ₹7.00 crores through two installments:

• ₹2.00 crores in April
• ₹5.00 crores in May

The remaining ₹19.00 crores is scheduled to be paid in structured tranches between October and November, as follows:

All payments are to be made via cheques drawn on Axis Bank, Ram Maruti Road, Thane Branch.

Strategic Implications

This settlement carries significant strategic importance for Silverline Technologies:

1. Liability Elimination: It removes a major legacy liability that has been reflected in contingent disclosures for several years.
2. Improved Financial Standing: The resolution enhances the company's capital structure and financial visibility for lenders, rating agencies, and institutional investors.
3. Governance Showcase: It demonstrates the company's commitment to strong governance and proactive legal resolution.
4. Focus on Core Business: With this legal matter resolved, management can redirect its focus and resources towards core technology growth initiatives.

Future Outlook

Silverline Technologies is poised to channel its efforts into key areas of technological advancement, including:

• AI product development
• Cloud services
• Cybersecurity frameworks

The company's Board of Directors, which approved the settlement, has authorized Mr. Yakin Kumar Bansilal Joshi to execute the settlement terms.

Market Response

Following the announcement, Silverline Technologies addressed a query from the BSE regarding recent share price movements. The company clarified that it has promptly disclosed all price-sensitive information as required by regulations and attributed any significant price movements to market circumstances beyond its control.

This strategic settlement not only resolves a significant financial obligation but also positions Silverline Technologies for potential growth and innovation in the technology sector. Investors and stakeholders will likely watch closely to see how the company leverages this resolution to drive its future performance and market position.