Skyline Ventures India Limited's Managing Director Asha Mitta Steps Down

1 min read     Updated on 22 Oct 2025, 05:41 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Skyline Ventures India Limited (SVIL) announced the resignation of Mrs. Asha Mitta (DIN: 09195662) from her position as Managing Director, effective October 22, 2025. The resignation, citing personal reasons, takes immediate effect. SVIL disclosed this information in compliance with SEBI listing regulations regarding changes in key managerial personnel.

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Skyline Ventures India Limited (SVIL) announced a significant change in its top management as Mrs. Asha Mitta (DIN: 09195662) resigned from her position as Managing Director, effective October 22, 2025. The company disclosed this information in compliance with SEBI listing regulations regarding changes in key managerial personnel.

Resignation Details

According to the company's official statement:

  • Reason for Resignation: Personal reasons
  • Effective Date: October 22, 2025
  • Nature of Exit: Immediate effect

Corporate Disclosure

Skyline Ventures India, in adherence to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements Regulation), 2015, promptly informed the stock exchange about this development. The disclosure was made in line with Clause 7, Para A of Part A of Schedule III, read with the SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Information

Detail Information
Company Name Skyline Ventures India Limited
CIN L45200TG1988PLC009272
Registered Office Flat No. 102, HEMU, Vitalrao Nagar, Hitech City, Madhapur, Hyderabad – 500081, Telangana
Email csskylineventures@gmail.com
Website www.slvdigital.in
Contact Number 040-23555808

The resignation letter of Mrs. Asha Mitta has been enclosed with the official communication to the stock exchange. The announcement was signed by Hannah Priyadarshini, Director (DIN: 10103528), on behalf of Skyline Ventures India Limited.

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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.

Historical Stock Returns for Skyline Ventures India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.45%+3.45%+30.38%+18.67%-4.76%+203.34%
Skyline Ventures India
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