Skyline Ventures India Inks Rs 2-5 Crore Service Agreement with Verkko Technologies

2 min read     Updated on 18 Oct 2025, 11:16 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Skyline Ventures India Limited has entered into a one-year service agreement with Verkko Technologies Pvt. Ltd., effective October 16, 2025. The agreement covers market research, data compilation, analysis, and report preparation services. Expected revenue is approximately Rs 2.00 crore, with potential to reach Rs 5.00 crore. The agreement will be implemented after a 30-day trial pilot project. Additionally, Ms. Srilekha Donthineni has resigned as Company Secretary & Compliance Officer on October 17, 2025, pending board consideration and an ongoing internal investigation.

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*this image is generated using AI for illustrative purposes only.

Skyline Ventures India Limited has announced a strategic service agreement with Verkko Technologies Pvt. Ltd., marking a significant move to bolster its presence in the data and market analytics domain. The one-year agreement, which became effective on October 16, 2025, encompasses market research, data compilation, analysis, and report preparation services.

Key Agreement Details

Particulars Details
Client Verkko Technologies Private Limited, Hyderabad
Nature of Work Market Research, Data Compilation, Analysis, and Report Preparation
Agreement Type Service Agreement with periodic work orders
Effective Date October 16, 2025
Tenure 1 year (subject to early termination clauses)
Geographical Scope Pan-India execution and delivery
Expected Revenue Rs 2.00 crore (approx.), with potential to reach Rs 5.00 crore
Payment Terms Within 30 days from invoice submission

Agreement Execution

The agreement's implementation will commence following the successful completion of a 30-day trial pilot project. Subsequent work will be executed through periodic work orders issued by the client. This structure allows for flexibility and scalability in the services provided.

Financial Implications

Skyline Ventures India Limited expects to generate revenue of approximately Rs 2.00 crore from this engagement, with the potential to grow up to Rs 5.00 crore based on deliverables. This range indicates the agreement's significance to the company's financial outlook and its potential impact on the bottom line.

Strategic Importance

The company views this agreement as a strategic move to strengthen its service portfolio in the data and market analytics domain. By partnering with Verkko Technologies, Skyline Ventures aims to enhance its capabilities and expand its market presence in this growing sector.

Confidentiality and Data Protection

Both parties have agreed to maintain confidentiality as per the agreement terms, ensuring the protection of sensitive information exchanged during the course of their collaboration.

Management Changes

In a separate development, Skyline Ventures India Limited disclosed that Ms. Srilekha Donthineni (ACS - 74553) has tendered her resignation from the post of Company Secretary & Compliance Officer on October 17, 2025. The company's board will consider this resignation at an upcoming meeting, pending the outcome of an ongoing internal investigation.

Investors and stakeholders should note that these corporate actions may have implications for the company's operations and governance structure in the coming months. As always, it is advisable to monitor further announcements from the company for any updates or changes to these arrangements.

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Skyline Ventures India's Company Secretary Resigns Amid Internal Investigation

1 min read     Updated on 17 Oct 2025, 04:59 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

Skyline Ventures India Limited announced the resignation of Ms. Srilekha Donthineni (ACS - 74553) from her position as Company Secretary and Compliance Officer, effective October 17, 2025. The resignation is pending board approval and comes during an ongoing internal investigation at the company. The announcement was made in compliance with SEBI regulations. The company has not provided details about the investigation or potential replacements for the role.

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*this image is generated using AI for illustrative purposes only.

Skyline Ventures India Limited announced the resignation of its Company Secretary and Compliance Officer, Ms. Srilekha Donthineni, effective October 17, 2025. The resignation comes in the midst of an ongoing internal investigation at the company.

Key Details of the Resignation

Aspect Details
Resigning Officer Ms. Srilekha Donthineni (ACS - 74553)
Position Company Secretary & Compliance Officer
Effective Date October 17, 2025
Current Status Pending board approval

Implications and Next Steps

The company has stated that Ms. Donthineni's resignation will be considered at an upcoming Board Meeting. The final decision on the resignation appears to be contingent on the outcome of the ongoing internal investigation. This suggests that the investigation may have some bearing on the circumstances surrounding the resignation.

Regulatory Compliance

The announcement was made by Director Hannah Priyadarshini to BSE Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates prompt disclosure of material events to the stock exchanges.

Impact on Stakeholders

While the nature and scope of the internal investigation remain undisclosed, this development could potentially impact various stakeholders:

  1. Investors: May need to monitor the situation for any impact on company operations or governance.
  2. Regulatory bodies: Might show increased interest in the company's internal processes.
  3. Employees: Could face uncertainty regarding the company's internal dynamics.

As the situation unfolds, stakeholders will likely await further updates from Skyline Ventures India Limited regarding the outcome of the internal investigation and the final decision on Ms. Donthineni's resignation.

The company has not provided any additional details about the ongoing internal investigation or potential replacements for the Company Secretary and Compliance Officer role at this time.

Historical Stock Returns for Skyline Ventures India

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