Silverline Technologies Limited has informed BSE Limited about the resignation of Ms. Aarti Singh from her position as Non-Executive Independent Director, effective December 12, 2025. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Ms. Aarti Singh (DIN: 10288981) submitted her resignation as Non-Executive Independent Director of Silverline Technologies Limited with effect from the close of business hours on December 12, 2025. In her resignation letter, she cited preoccupation with other matters as the primary reason for stepping down from her position.

Other Directorship Holdings

Ms. Singh currently holds directorship in another listed entity alongside her role at Silverline Technologies. She serves as Non-Executive Independent Director at Magnus Steel And Infra Limited, where she maintains active involvement in corporate governance through various committee memberships.

Regulatory Compliance and Confirmation

The resignation follows proper regulatory procedures under SEBI guidelines. Ms. Singh confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter. The company has fulfilled its disclosure obligations by providing detailed information as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations.

Board's Response

The Board of Directors of Silverline Technologies Limited has formally noted Ms. Singh's resignation and placed on record its sincere appreciation for her contributions during her tenure as a Board Member. The resignation letter was signed by Yakinkumar Bansilal Joshi, Managing Director and CFO (DIN: 10745009), confirming the company's acknowledgment of the directorial change.

Silverline Technologies Limited, incorporated with CIN L46209MH1992PLC066360, maintains its registered office at Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604.

Silverline Technologies Limited announced comprehensive changes to its board structure on December 12, 2025, involving multiple appointments and resignations that will reshape the company's leadership composition. The board meeting, held at the company's registered office in Thane, Maharashtra, addressed significant organizational changes across key positions.

New Board Appointments

The board approved two strategic appointments based on recommendations from the Nomination and Remuneration Committee. The following table outlines the new appointments:

Mr. Jaykumar Chavada, a dynamic graduate from Gujarat University, brings a professional approach, commitment to excellence, and problem-solving abilities that contribute significantly to the organization's strategic direction. Ms. Nishaben Manishkumar Patel joins as an experienced professional with a postgraduate degree in commerce. Both appointments are subject to shareholder approval and neither appointee is related to any existing directors of the company.

Leadership Departures

The board simultaneously accepted three resignations, all effective December 12, 2025. The departing members and their positions are detailed below:

Ms. Aarti Singh also held directorships in other listed entities, specifically serving as Non-Executive Independent Director at Magnus Steel And Infra Limited, where she was a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. All resigning members confirmed that no material reasons existed for their departures beyond those mentioned in their resignation letters.

Regulatory Compliance and Documentation

The company filed comprehensive regulatory disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The formal communication was addressed to BSE Limited at Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai, referencing the company's ISIN INE368A01021, Scrip Code 500389, and Symbol SILVERLINE.

Both new appointees have been declared not debarred from holding director positions by SEBI or any other regulatory authority, as required under BSE Circular No. LIST/COMP/14/2018-19. The regulatory filing was digitally signed by Managing Director CFO Yakinkumar Bansilal Joshi from the company's registered office at Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604.

Committee Reconstitution

Following the board changes, Silverline Technologies reconstituted three key committees effective December 12, 2025: