Silver Touch Tech has announced significant corporate restructuring measures that will impact its shareholding structure and provide enhanced value to investors.

Stock Subdivision Details

The company has approved a stock subdivision in the ratio of 1:5, which represents a substantial split of existing shares. Under this arrangement, each current share held by investors will be subdivided into five shares, effectively increasing the total number of shares outstanding while proportionally reducing the face value per share.

Bonus Issue Announcement

Simultaneously, Silver Touch Tech has approved a bonus issue in the ratio of 1:1. This means shareholders will receive one additional share for every share they currently hold, effectively doubling their shareholding without any additional investment required from their side.

Combined Impact on Shareholders

The dual corporate actions will significantly alter the shareholding pattern for existing investors. The stock subdivision will improve liquidity by reducing the per-share price, making the stock more accessible to retail investors. The bonus issue serves as a reward to existing shareholders, demonstrating the company's commitment to sharing value with its investor base.

These corporate restructuring measures typically indicate management's confidence in the company's future prospects and aim to enhance trading liquidity in the stock market.

Silver Touch Technologies Limited has successfully secured a national digital transformation platform project, marking a significant business achievement for the technology services company.

Project Details

The company has won this national-level digital transformation platform project, though specific financial details and project scope have not been disclosed. This development represents a notable addition to Silver Touch Technologies' project portfolio.

Business Impact

This project win demonstrates Silver Touch Technologies' competitive positioning in the digital transformation space. The national scope of the project indicates the company's capability to handle large-scale technology initiatives and reinforces its credentials in the digital services sector.

The successful acquisition of this project is expected to strengthen the company's business pipeline and contribute to its growth trajectory in the technology services domain. Such national-level projects typically involve comprehensive digital solutions and long-term engagement commitments.

Company Profile

Silver Touch Technologies operates in the information technology services sector, focusing on digital transformation solutions and technology consulting services. The company's ability to secure national-level projects reflects its technical expertise and market positioning in the competitive IT services landscape.