Silverline Technologies Limited has postponed its board meeting, which was scheduled to convene on Monday, August 17, 2026. The meeting has been rescheduled to Tuesday, August 18, 2026.

The primary purpose of the board meeting is to approve the un-audited standalone and consolidated financial statements, along with the limited review report, for the first quarter ended June 30, 2026 (Q1FY26).

Reason for Postponement

The company attributed the delay to the ongoing finalization of its financial results. This intimation follows earlier disclosures dated August 10, 2026, and August 14, 2026, regarding the scheduled meeting.

Regulatory Disclosure

The postponement was communicated to the BSE Limited in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Nishaben Manishkumar Patel, Director of Silverline Technologies Limited.

Silverline Technologies Limited shareholders have approved the appointment of four directors and authorized an increase in the foreign portfolio investment limit to 49% of the paid-up equity share capital through a postal ballot process. The resolutions were passed with the requisite majority as mandated under the Companies Act, 2013 and other applicable laws. The voting results were scrutinized by M/s Vishakha Agrawal and Associates, Practising Company Secretaries.

The postal ballot notice was dated June 05, 2026, and the remote e-voting facility was available from June 06, 2026, to July 05, 2026. A total of 534 members holding 93,31,972 equity shares cast their votes. The company sought approval for seven resolutions, including the appointment of independent directors and a woman director, as well as the shifting of the registered office from Thane to Mumbai within Maharashtra.

Voting Results Summary

The following table details the voting outcomes for the key resolutions passed by the shareholders:

Key Appointments and Approvals

Shareholders approved the appointment of Mr. Jaykumar Chavada (DIN: 11420591), Mr. Om Patel (DIN: 11748824), and Mr. Valay Girishbhai Chauhan (DIN: 11748817) as Non-Executive Independent Directors. Additionally, Ms. Nishaben Manishkumar Patel (DIN: 11420889) was appointed as a Non-Executive Non-Independent Woman Director. The independent directors are appointed for a term of five years.

The company also received approval to shift its registered office from Unit no 509, 5th Floor, Centrum IT Park, Wagle Industrial Estate, Thane West, to Office No. 304, 3rd Floor, Shubham Premises Co. Operative Society Limited, Chakala, Andheri East, Mumbai. The change is effective from May 30, 2026.

Foreign Investment and Corporate Governance

In a significant move, shareholders authorized an increase in the aggregate limit for investment by all registered Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors (FIIs) to 49% of the paid-up equity share capital. This approval is subject to applicable sectoral caps and statutory limits under the Foreign Exchange Management Act, 1999.

Furthermore, the company approved a resolution to advance loans, provide guarantees, or securities under Section 185 of the Companies Act, 2013, to specified entities up to an aggregate limit of 60% of its paid-up share capital and free reserves, or 100% of its free reserves and securities premium account, whichever is higher. The scrutinizer's report confirmed that all seven resolutions were passed on July 05, 2026.