Silver Touch Technologies Limited has announced the receipt of a purchase order from the Food Safety and Standards Authority of India (FSSAI) for a comprehensive digital transformation engagement. The announcement was made on 23rd February 2026, highlighting the company's continued expansion in government sector digital initiatives.

Contract Overview

Under the current mandate, Silver Touch Technologies will serve as Managed Service Provider (MSP) for Application Development, Enhancement, Operations & Maintenance of FSSAI Portals and Applications. The Food Safety and Standards Authority of India operates as the apex food regulatory authority under the Ministry of Health & Family Welfare, Government of India, responsible for protecting and promoting public health through regulation and supervision of food safety.

Comprehensive Service Portfolio

The engagement encompasses a wide range of technical services designed to modernize FSSAI's digital infrastructure:

Strategic Significance

This engagement is structured as a long-term contract encompassing development and multi-year maintenance phases, providing strong revenue visibility and continuity for the company. The contract reinforces Silver Touch Technologies' leadership position in strategic government digital transformation programs.

Commenting on the development, Mr. Minesh V. Doshi, Executive Director, Silver Touch Technologies Limited, stated: "The order strengthens the Company's position in large-scale Government digital transformation programs and reinforces its capabilities in enterprise portal development, cloud-native architecture, cybersecurity compliance, and mission-critical system management."

Company Profile

Silver Touch Technologies Limited operates as a fast-growing IT solutions, consulting, and services company delivering e-Governance, enterprise platforms, and digital transformation solutions. The company leverages cloud, AI, automation, analytics, and open-source technologies to support large-scale, mission-critical programs for government and enterprise customers in India and globally.

Silver Touch Technologies Limited has received overwhelming shareholder approval for its corporate restructuring plan, with all four resolutions passing through postal ballot with 99.99% votes in favor. The voting results were declared on February 19, 2026, following the completion of remote e-voting that concluded on February 18, 2026.

Postal Ballot Results Overview

The company conducted postal ballot voting for four key resolutions under Regulation 30 and 44(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. All resolutions received exceptional shareholder support, overseen by scrutinizer Sandip Sheth & Associates.

Voting Participation Analysis

The postal ballot process witnessed significant participation from shareholders across categories. Out of 1,26,81,000 total shares, 95,79,075 shares participated in voting, representing 75.54% of the total shareholding. The voting period commenced on January 20, 2026, and concluded on February 18, 2026.

Corporate Action Implementation Details

With shareholder approval secured, Silver Touch Technologies will proceed with the previously announced corporate actions. The company had filed the intimation with NSE (Symbol: SILVERTUC) and BSE (Scrip Code: 543525) on February 19, 2026, confirming the implementation timeline.

Regulatory Compliance and Process

The postal ballot was conducted in full compliance with regulatory requirements. Company Secretary Kashish Purohit (Membership No.: A72990) oversaw the process, with notices dispatched to 6,341 shareholders via email on January 19, 2026. The company also published notices in Financial Express (English and Gujarati) on January 20, 2026.

All resolutions are deemed passed effective from February 18, 2026, the last voting date. Shareholders holding shares as of the close of business on March 6, 2026, will be eligible for both the stock subdivision and bonus share issuance. Detailed implementation information remains available on the company's website at www.silvertouch.com .