Silverline Technologies Limited has scheduled a board meeting for February 14, 2026, to review and approve its third quarter financial performance. The company formally notified BSE Limited on February 9, 2026, regarding this important corporate development.

Board Meeting Details

The board of directors will convene on Saturday, February 14, 2026, with the primary agenda being the consideration and approval of unaudited financial results for the third quarter ended December 31, 2025. The meeting will also address the limited review report accompanying these financial results.

Trading Window Restrictions

The company has implemented trading window closure measures in accordance with insider trading regulations. The trading window for dealing in company securities remains closed for all designated persons, designated employees, specified persons, and their immediate relatives from January 1, 2026.

This closure will continue until 48 hours after the declaration of the unaudited standalone financial results for the third quarter ended December 31, 2025. This measure ensures compliance with insider trading prevention norms during the financial results announcement period.

Regulatory Compliance

The notification has been made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains transparency by making this information accessible on its official website at www.silverlinetechnologies.in and on the BSE website at www.bseindia.com .

The announcement was signed by Yakinkumar Bansilal Joshi, Managing Director & CFO, ensuring proper authorization and compliance with corporate governance requirements. The company is registered at Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604.

Silverline Technologies Limited has resubmitted its financial results for the quarter and half year ended September 30, 2025, following regulatory queries from BSE regarding discrepancies between XBRL and PDF filings. The company's Managing Director and CFO Yakinkumar Bansilal Joshi responded to the exchange's concerns about mismatched data in earnings per share calculations and cash flow statements.

Regulatory Compliance Issues

BSE identified two primary discrepancies in the original submission. The exchange flagged incorrect figures for earnings per share related to discontinued operations in the XBRL filing and noted mismatches between reporting data in XBRL files compared to PDF submissions for the quarter ended September 2025. The company acknowledged these issues stemmed from clerical and typographical errors in both formats.

Financial Performance Highlights

The corrected financial results reveal strong operational performance for the reporting period. Revenue from operations reached ₹10,007.38 lakhs in Q2FY26, compared to ₹69.70 lakhs in the corresponding quarter of the previous year. For the half year ended September 30, 2025, total income stood at ₹20,016.06 lakhs against ₹145.37 lakhs in the previous year.

Audit Qualifications and Concerns

The statutory auditor S Parth & Co issued a qualified opinion on the financial results, highlighting several significant concerns. The audit report identifies five major areas requiring attention, including inadequate supporting documentation for sales and purchase transactions, absence of a fixed assets register, and unconfirmed trade receivables and payables.

Key audit qualifications include:

• Lack of satisfactory supporting documents for completeness of transactions pertaining to sales, purchases, and inventory valuation
• Missing fixed assets register affecting verification of depreciation and deferred tax calculations
• Unsecured loans without proper agreements or interest charges
• Unconfirmed trade payables without MSME classification compliance
• Trade receivables outstanding without debtor confirmations

Balance Sheet Position

The company's balance sheet as of September 30, 2025, shows total assets of ₹24,520.40 lakhs compared to ₹16,256.27 lakhs as of March 31, 2025. Trade receivables increased significantly to ₹10,888.35 lakhs from ₹3,842.11 lakhs, while trade payables rose to ₹5,434.33 lakhs from ₹260.06 lakhs.

Management Response

Management has acknowledged the auditor's observations and committed to improving internal control systems, documentation processes, and statutory compliances. The company stated that corrective actions including obtaining confirmations, preparing a fixed assets register, formalizing loan agreements, and strengthening financial record-keeping have been initiated and will be completed in a time-bound manner.