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Silverline Technologies Ltd. Board/Management Information 2026
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Board/Management Information
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S SILVERLINE
CIN: L46209MH1992PLC066360
Date: 30th May, 2026
To,
The Listing Department
BSE Limited
Department of Corporate Affairs
Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai – 400 001
Reference: ISIN-INE368A01021; Scrip Code- 500389; Symbol- SILVERLINE
Subject: Outcome of the Meeting of the Board of Directors of Silverline Technologies Limited held today on Saturday, 30th May, 2026.
Dear Sir/Ma’am,
Pursuant to the Regulation 30 and other applicable regulations of the SEBI (Listing obligation & Disclosure requirements) Regulations, 2015 and in continuation of our earlier intimation of the Board Meeting dated 22nd May, 2026 we hereby inform you that meeting of the Board of Directors of the Company, duly convened and held at the office of the Company i.e. B1105 Titanium Square BHSarveshwar Tower, Opp BMW Showroom Thaltej Ahmedabad380054, Thaltej Road, Ahmedabad, Ahmadabad City, Gujarat, India, 380054 held today i.e., 30th May, 2026 at 06.00 P.M. (i.e., 18:00 Hours) and concluded at 06.30 P.M. (i.e., 18:30 Hours) the Board of Directors has inter alia considered and approved the following businesses:
- Audited Standalone and Consolidated Financial Results along with Auditor’s Report of the Company for the quarter and year ended March 31, 2026 in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) 2015.
Further, pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a declaration that the Statutory Auditors of the Company have issued an Audit Report with an unmodified opinion on the Audited Financial Results of the Company for the quarter and year ended March 31, 2026, is also attached for your ready reference.
- Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026 along with Auditor’s Report thereon in terms of Section 134 of the Companies Act, 2013.
To consider and transit any other businesses, if any.
- Shifting the Registered Office of the Company from Unit no 509, 5th Floor, Centrum IT Park, Wagle Industrial Estate, Thane West, Wagle I.E., Thane, Maharashtra, India, 400604 to Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059, subject to Shareholders Approval.
Our company is carrying its temporary business operation from the corporate office address as the shifting of Registered Office from one city to another requires Shareholders Approval.
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
SILVERLINE
CIN: L46209MH1992PLC066360
-
Board received the Resignation Letter of Mr. Sunny Jagpatrai Rai (DIN: 10742820) on May 30, 2026 and board considered and accepted the Resignation of Mr. Sunny Jagpatrai Rai from the post of Non-Executive Independent Director of the company with effect from May 30, 2026.
-
Board received the Resignation Letter of Mr. Nayankumar Sureshbhai Patel (DIN: 11149192) on May 30, 2026 and board considered and accepted the Resignation of Mr. Nayankumar Sureshbhai Patel from the post of Non-Executive Independent Director of the company with effect from May 30, 2026.
-
The Board of Directors of Company based on the recommendation of the Nomination and Remuneration Committee has appointed Mr. Om Patel (DIN: 11748824) as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026 subject to Shareholders’ Approval.
-
The Board of Directors of Company based on the recommendation of the Nomination and Remuneration Committee has appointed Mr. Valay Girishbhai Chauhan (DIN: 11748817) as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026 subject to Shareholders’ Approval.
-
Approval to advance loan(s), to give any guarantee(s) and/or to provide any security(ies) under section 185 of the companies act, 2013.
-
Increase in limit of total shareholding of all registered foreign portfolio investors (FPIS) / registered foreign institutional investors (FIIS) put together up to 49% of the paid-up equity share capital of the company.
-
Approved the notice of Postal Ballot by means of E-voting for obtaining approval of the members of the Company for following items:
a) To approve the appointment of Mr. Jaykumar Chavada (DIN: 11420591) as a Non-Executive Independent Director.
b) To approve the appointment of Ms. Nishaben Manishkumar Patel (DIN: 11420889) as a Non-Executive Non-Independent Director.
c) To approve the appointment of Mr. Om Patel (DIN: 11748824) as a Non-Executive Independent Director.
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
d) To approve the appointment of Mr. Valay Girishbhai Chauhan (DIN: 11748817) as a Non-Executive Independent Director.
e) To approve the shifting of Registered Office of the Company from one city to another city but within same state.
f) To give Approval to advance loan(s), to give any guarantee(s) and/or to provide any security(ies) under section 185 of the companies act, 2013.
g) To increase in limit of total shareholding of all registered foreign portfolio investors (FPIS) / registered foreign institutional investors (FIIS) put together up to 49% of the paid-up equity share capital of the company.
h) Appointed Vishakha Agrawal & Associates, a Practicing Company Secretary, as the Scrutinizer for the aforesaid Postal Ballot process.
i) The Cut-off date is fixed as Friday, May 29, 2026 for determining the eligibility of the members to vote by electronic means.
j) To consider and transit any other businesses, if any
- Reconstitution of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Board: The composition of the Committees w.e.f. May 30, 2026 shall be as under:
Audit Committee
| S. No. | Name of Director | Category | Status |
|---|---|---|---|
| 1. | Jaykumar Chavada | Non-Executive - Independent Director | Chairperson |
| 2. | Om Patel | Non-Executive - Independent Director | Member |
| 3. | Valay Girishbhai Chauhan | Non-Executive - Independent Director | Member |
Nomination and Remuneration Committee
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
| S. No. | Name of Director | Category | Status |
|---|---|---|---|
| 1. | Jaykumar Chavada | Non-Executive - Independent Director | Chairperson |
| 2. | Om Patel | Non-Executive - Independent Director | Member |
| 3. | Valay Girishbhai Chauhan | Non-Executive - Independent Director | Member |
Stakeholders Relationship Committee
| S. No. | Name of Director | Category | Status |
|---|---|---|---|
| 1. | Jaykumar Chavada | Non-Executive - Independent Director | Chairperson |
| 2. | Om Patel | Non-Executive - Independent Director | Member |
| 3. | Valay Girishbhai Chauhan | Non-Executive - Independent Director | Member |
The relevant details pursuant to appointment to Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure I, II, III and IV.
The relevant details pursuant to Resignation to Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure V and VI.
- To consider and transit any other businesses, if any, which may be placed before the Board with the permission of the Chairman.
Thanking You
Yours truly
For Silverline Technologies Limited
Yakinkumar
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 18:35:48
Bansilal Joshi +05'30'
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN: 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE I:
Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Mr. Jaykumar Chavada (DIN: 11420591) has been appointed as an Additional Non-Executive Independent Director of the Company with effect from December 12, 2025, subject to approval of Shareholders. |
| 2 | Date of Appointment | December 12, 2025 |
| 3 | Brief Profile (In case of appointment) | Mr. Jaykumar Chavada (DIN: 11420591) is a dynamic graduate from Gujarat University. His professional approach, commitment to excellence, and problem-solving abilities contribute significantly to the organization’s strategic direction. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | He is not related to any Directors of the company |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Mr. Jaykumar Chavada (DIN: 11420591) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE II:
Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Ms. Nishaben Manishkumar Patel (DIN: 11420889) has Non-Executive Non-Independent Director of the Company with effect from December 12, 2025, subject to approval of Shareholders. |
| 2 | Date of Appointment | December 12, 2025 |
| 3 | Brief Profile (In case of appointment) | Ms. Nishaben Manishkumar Patel (DIN: 11420889) is an experienced professional with a postgraduate degree in commerce. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | She is not related to any Directors of the company. |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Ms. Nishaben Manishkumar Patel (DIN: 11420889) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE III:
Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Mr. Om Patel (DIN: 11748824) has been appointed as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026, subject to approval of Shareholders. |
| 2 | Date of Appointment | May 30, 2026 |
| 3 | Brief Profile (In case of appointment) | Mr. Om Patel (DIN: 11748824) is a dedicated and hardworking individual with experience in the Agriculture Business sector and possesses practical knowledge of agricultural operations and business management. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | He is not related to any Directors of the company |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Mr. Om Patel (DIN: 11748824) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE IV:
Details pursuant to SEBI Circular dated July 13, 2023 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Mr. Valay Girishbhai Chauhan (DIN: 11748817) has been appointed as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026, subject to approval of Shareholders. |
| 2 | Date of Appointment | May 30, 2026 |
| 3 | Brief Profile (In case of appointment) | Mr. Valay Girishbhai Chauhan (DIN: 11748817) is a Young and enthusiastic professional with experience in the Agriculture Business sector and, having practical understanding of agricultural business activities and operational management. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | He is not related to any Directors of the company |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Mr. Valay Girishbhai Chauhan (DIN: 11748817) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority |
ANNEXURE V:
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023.
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. resignation | Mr. Sunny Jagpatrai Rai (DIN-10742820) has expressed his intention to resign as an Non-Executive Independent Director of the company with effect from i.e. May 30, 2026 due to pre occupation with other matters. |
| 2 | Date of cessation | May 30, 2026 |
| 3 | Name of the listed entities in which resigning director holds directorship including category of directorship and membership of committee, if any | N.A |
| 4 | Brief Profile (In case of appointment) | N.A. |
| 5 | Disclosure of Relationship between Directors {in case of appointment of Director) | N.A. |
| 6 | The director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided. | Mr. Sunny Jagpatrai Rai (DIN-10742820) confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE VI:
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023.
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. resignation | Mr. Nayankumar Sureshbhai Patel (DIN- 11149192) has expressed his intention to resign as an Non-executive Independent Director of the company with effect from i.e. May 30, 2026 due to pre occupation with other matters. |
| 2 | Date of cessation | May 30, 2026 |
| 3 | Name of the listed entities in which resigning director holds directorship including category of directorship and membership of committee, if any | N.A. |
| 4 | Brief Profile (In case of appointment) | N.A. |
| 5 | Disclosure of Relationship between Directors {in case of appointment of Director} | N.A. |
| 6 | The director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided. | Mr. Nayankumar Sureshbhai Patel (DIN-11149192) confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter. |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Regional Office: Office No. 304, 3rd Floor, Shubham Premises Co Operative Society Limited, Chakala, Andheri East Mumbai, Maharashtra, India- 400059
Contact no.: 9821140008 *Website- www.silverlinetechnologies.in * E-mail ID- [email protected]
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
INDEPENDENT AUDITOR'S REPORT ON AUDITED STANDALONE QUARTERLY FINANCIALS RESULTS AND YEAR TO DATE RESULTS OF SILVERLINE TECHNOLOGIES LIMITED PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS,2015.
To the Board of Directors of SILVERLINE TECHNOLOGIES LIMITED
We have audited the accompanying statement of financial results of SILVERLINE TECHNOLOGIES LIMITED (the “Company”) for the Quarter and year ended 31st March,2026 (the “Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “listing Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, these financial results:
(a) are presented in accordance with the requirements of regulation 33 of the LODR regulations in this regard and
(b) give a true and fair view in conformity with the recognition and measurement of principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit/(loss), other comprehensive income /(expense) and other financial information of the company for the quarter and year ended march 31,2026.
Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (“the Act”). Our responsibilities under those Standards are further described in the “Auditor’s Responsibilities for the Audit of the Standalone Financial Results” section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
Responsibilities of Management and Board of Directors for the Financial Results
The Statement has been prepared on the basis of the annual/quarterly financial statements.
The Company’s Management and the Board of Directors are responsible for the preparation and presentation of these financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the financial results, the Management and Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company’s financial reporting process.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
Auditor’s Responsibilities for the Audit of Financial Results
Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.
As part of an audit in accordance with the Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Management and Board of Directors.
Conclude on the appropriateness of the Management and Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion.
Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence and communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The accompanying Statement includes the results for the quarter ended 31st March, 2026 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year, which were subject to limited review by us, as required under the Listing Regulations. Our opinion on the Audit of the Financial Results for the year ended 31st March, 2026 is not modified in respect of this matter.
FOR
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
FRN: 159649W
CA SARANG CHAVAN
(PROPRIETOR)
M.NO.142576
UDIN: 26142576KMYUNF2635
Date: 30/05/2026
Place: Ahmedabad
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
SILVERLINE TECHNOLOGIES LIMITED
CIN-L46209MH1992PLC066360
Registered Office :Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial
Estate, Thane, West 400604
Email: [email protected]
website: https://silverlinetechnologies.in/
Rs in Lakhs
Statement of Standalone Profit and Loss for the period ended 31st March, 2026
| Quarter Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| 31.03.2026 Audited | 31.12.2025 Unaudited | 31.03.2025 Audited | 31.03.2026 Unaudited | Year ended 31-03-2025 | ||
| I. | Revenue From Operations | 340.00 | 0 | 3225.5 | 20356.06 | 3370.91 |
| II. | Other Income | 0.00 | 409.81 | 0 | 409.81 | - |
| III. | Total Income (I+II) | 340.00 | 409.81 | 3225.50 | 20765.88 | 3370.91 |
| IV. | EXPENSES | |||||
| Cost of materials consumed | 0 | 0 | 0 | 0 | ||
| Purchases of Stock-in-Trade | 350 | 0 | 3078.1 | 17865.46 | 3078.26 | |
| Changes in inventories of finished goods, | 0 | 0 | 0 | 0 | - | |
| Stock-in -Trade and work-in-progress | 0 | 0 | 0 | 0 | 0 | |
| Employee benefits expense | 10.61 | 0 | 1.8 | 11 | 18.62 | |
| Finance costs | 0.053 | 0 | 0 | 0.37 | - | |
| Depreciation and amortization expense | 1.11 | 1.08 | 6.1 | 4.36 | 10.25 | |
| Other expenses | 2621.16 | 0.203 | 94.7 | 2659.79 | 306.48 | |
| Total expenses (IV) | 2982.93 | 1.28 | 3180.70 | 20540.94 | 3413.61 | |
| V. | Profit/(loss) before exceptional items and tax (III- IV) | -2642.93 | 408.53 | 44.80 | 224.94 | (42.70) |
| VI. | Exceptional Items | - | ||||
| VII. | Profit/(loss) before tax (V-VI) | -2642.93 | 408.53 | 44.80 | 224.94 | (42.70) |
| VIII. | Tax expense: | |||||
| (1) | Current tax | 0.00 | 0.00 | 0.00 | 619.05 | - |
| (2) | Deferred tax | 0 | 0 | - | ||
| (3) | Tax for earlier years | 0 | 0 | - | ||
| 0.00 | 0.00 | 0.00 | 619.05 | - | ||
| IX. | Profit (Loss) for the period from continuing operations (VII-VIII) | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) |
| X | Profit/(loss) from discontinued operations | |||||
| Tax expense of discontinued operations | 0 | 0 | 0 | 0 | - | |
| XI | Tax expense of discontinued operations | 0 | 0 | 0 | 0 | - |
| XII | Profit/(loss) from Discontinued operations (after tax) (X-XI) | 0 | 0 | 0 | 0 | - |
| XIII | Profit/(loss) for the period (IX+XII) | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) |
| XIV | Other Comprehensive Income | |||||
| A (i) Items that will not be reclassified to profit or loss | - | |||||
| Re-measurement gains / (losses) on defined benefit plans | - | |||||
| Income tax effect | 0 | 0 | 0 | 0 | - | |
| B (i) Items that will be reclassified to profit or loss | 0 | 0 | 0 | 0 | - | |
| (ii) Income tax relating to items that will be reclassified to profit or loss | 0 | 0 | 0 | 0 | - | |
| 0 | 0 | 0 | 0 | - | ||
| XV | Total Comprehensive Income for the period (XIII+XIV) | |||||
| Paid Up Capital | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) | |
| 15592.75 | 15592.75 | 15592.75 | 15592.75 | 15592.75 | ||
| XVI | Earnings per equity share (for continuing operation): | |||||
| (1) Basic | -1.69 | 4.65 | 0.02 | -0.25 | -0.027 | |
| (2) Diluted | -1.69 | 4.65 | 0.02 | -0.25 | -0.027 | |
| XVII | Earnings per equity share (for discontinued |
| XVIII | operation):
(1) Basic
(2) Diluted | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| | Earnings per equity share(for discontinued & continuing operations)
(1) Basic
(2) Diluted | -1.69 | 4.65 | 0.00 | -0.25 | -0.027 |
| | | -1.69 | 4.65 | 0.00 | -0.25 | -0.027 |
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar
Bansilal Joshi
Digitally signed by Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:07:28
+05'30"
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
Date: 30.05.2026
Place: Ahmedabad
Notes:
- The above Audited financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meeting held on 30.05.2026.
The Auditor of the Company has carried out a audit of the Financial Results for the Quarter ended 31st March,2026 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 205 and has expressed their unqualified opinion.
-
The Audited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standard (IND AS 34), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange board of India (SEBI) under SEBI (LODR) Regulation 2015, as amended.
-
The figures for the previous period/year have been regrouped/reclassified, wherever necessary.
-
The company does not have any Subsidiaries, Joint Ventures or Associate Companies as on March 31,2026
SILVERLINE TECHNOLOGIES LIMITED
CIN- L46209MH1992PLC066360
Registered Office :Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane, West
Email: [email protected]
website: https://silverlinetechnologies.in/
SEGMENT REPORTING FOR THE QUARTER AND YEAR ENDED ON 31ST MARCH, 2026
Rs in Lakhs
| Particulars | Quarter Ended | Year Ended | Year Ended | ||
|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | For the Year Ended 31st March 2026 | For the Year Ended 31st March 2025 | |
| BUSINESS SEGMENTS INFORMATION | |||||
| a. Agriculture | 340.00 | 409.81 | 3225.50 | 20765.88 | 3225.54 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 145.37 |
| Total Revenue from Operations | 340.00 | 409.81 | 3225.50 | 20765.88 | 3370.91 |
| 2. Segment Operating Results (EBITDA) | |||||
| a. Agriculture | (2642.93) | 408.53 | 44.80 | 224.94 | -42.70 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Operating Results (EBITDA) | (2642.93) | 408.53 | 44.80 | 224.94 | (42.70) |
| 3. Segment Results (PBT) | |||||
| a. Agriculture | (2642.93) | 408.53 | 44.80 | 224.94 | -42.70 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Profit Before Tax (PBT) | (2642.93) | 408.53 | 44.80 | 224.94 | (42.70) |
| 4. Segment Assets : | |||||
| a. Agriculture | 16488.32 | 17696.92 | 15626.47 | 16488.32 | 15626.47 |
| b. IT Services | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 16488.32 | 17696.92 | 15626.47 | 16488.32 | 15626.47 |
| 5. Segment Liabilities : | |||||
| a. Agriculture | 16488.32 | 15490.47 | 15626.47 | 16488.32 | 15626.47 |
| b. IT Services | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 16488.32 | 15490.47 | 15626.47 | 16488.32 | 15626.47 |
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar
Bansilal
Joshi
Digitally signed by
Yakinkumar Bansilal
Joshi
Date:2026.05.30
19:07:57 +05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
Date: 30-05-2026
Place: Ahmedabad
SILVERLINE TECHNOLOGIES LIMITED
CIN-L46209MH1992PLC066360
Registered Office : Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane, West 400604
Email : [email protected]
website: https://silverlinetechnologies.in/
Standalone balance Sheet as at 31st March,2026
| | Particulars | As at
31/03/2026 | As at
31-03-2025 |
| --- | --- | --- | --- |
| I. | ASSETS | | |
| 1 | Non-current assets | | |
| | (a) Property, Plant and Equipment | 4.67 | 9.04 |
| | (b) Capital work-in-progress | 5829.72 | 5829.72 |
| | (c) Financial Assets | | |
| | i) Investments | | |
| | ii) Trade Receivables | 0.00 | 0.00 |
| | iii) Loans | | |
| | iv) Other financial assets | 398.53 | 311.74 |
| | (d) Deferred Tax Assets (net) | | - |
| | (e) Non-Current Tax Assets | 0.00 | - |
| | (j) Other Non-Current Assets | 31.66 | - |
| | | 6264.57 | 6150.49 |
| 2 | Current assets | | |
| | (a) Inventories | - | - |
| | (b) Financial Assets | | |
| | i) Investments | | |
| | ii) Trade Receivables | 9794.40 | 3842.11 |
| | iii) Cash and Cash Equivalents | 42.31 | 52.40 |
| | iv) Other Bank Balances | | |
| | (v) Loans | | - |
| | (vi) Other Financial Assets | 84.08 | 6137.88 |
| | (c) Current Tax Assets (Net) | 53.98 | 73.40 |
| | (d) Other Current Assets | | |
| | | 9974.77 | 10105.79 |
| | | | |
| | Total Assets | 16239.34 | 16256.28 |
| II | EQUITY AND LIABILITIES | | |
| | Equity | | |
| | (a) Equity Share Capital | 15592.75 | 15592.75 |
| | (b) Other Equity | -3798.04 | (3403.92) |
| | (c) Share Application Money Pending Allotment | | |
| | | 11794.71 | 12188.83 |
| | Liabilities | | |
| 1 | Non-current liabilities | | |
| | (a) Financial Liabilities | | |
| | (i) Borrowings | 3295.73 | 3394.94 |
| | (ii) Trade Payables | | |
| | Total outstanding due of | | |
| | (A) Micro enterprises and small enterprises | | |
| | (B) Creditors other than micro enterprises and | | |
| 2 | small enterprises
(iii) Other financial liabilities
(b) Provisions
(c) Deferred tax liabilities (Net)
(d) Other non-current liabilities | 649.20 | 228.71 |
| --- | --- | --- | --- |
| 1.89 | 1.89 |
| 3946.82 | 3625.53 |
| Current liabilities
(a) Financial Liabilities
(i) Borrowings
(ii) Trade payables
Total outstanding due of
(A) Micro enterprises and small enterprises
(B) Creditors other than micro enterprises and small enterprises
(iii) Other financial liabilities
(b) Other current liabilities
(c) Provisions
(d) Current tax liabilities | 139.75 | 260.06 |
| | 357.32 | 181.11 |
| | 0.75 | 0.75 |
| | 497.81 | 441.91 |
Date: 30.05.2026
Place: Ahmedabad
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar
Digitaly signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:08:18
+05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
SILVERLINE TECHNOLOGIES LIMITED
CIN-L46209MH1992PLC066360
Registered Office: Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel,
Wagle Industrial Estate, Thane, West 400604
Email: [email protected]
website: https://silverlinetechnologies.in/
Standalone Cash Flow Statement for the period ended on 31st March, 2026
| | Particulars | Year ended
31-03-2026 | Year ended
31-03-2025 |
| --- | --- | --- | --- |
| A. | CASH FLOW FROM OPERATING ACTIVITIES | | |
| | Net Profit/(Loss) before Tax | 224.94 | (42.70) |
| | Add/(Less): Adjustments for non cash items | | |
| | Depreciation | 4.362 | 10.25 |
| | Provision for tax | 0.00 | |
| | Written off Capital Work-in-progress | 0.00 | |
| | Add/(Less): Other adjustments | 0.00 | |
| | (Profit)/Loss on Sale of Tangible/Intangible assets | 0.00 | |
| | Interest Income | 0.00 | |
| | Interest and Other Borrowing Cost Paid | 0.00 | |
| | Sundry balance written off | 0.00 | 173.40 |
| | Reversal of provision for doubtful debts | 0.00 | |
| | Reversal of Provision for expected credit loss | 0.00 | |
| | Operating Profit before Working Capital Changes | 229.30 | 140.95 |
| | Add/(Less): Adjustments for working capital changes | | |
| | Changes in Current Assets | | |
| | Decrease / (Increase) in Inventory | - | - |
| | Decrease / (Increase) in Trade Receivables | -6204.19 | (3370.91) |
| | Decrease / (Increase) in Other Financials Assets | 6053.80 | (68.45) |
| | Decrease / (increase) in Short term loans & Advances | - | - |
| | Decrease / (Increase) in Non current tax assets | (31.66) | - |
| | Decrease / (increase) in Other Current financial assets | 19.42 | (6111.38) |
| | Changes in Current Liabilities | | |
| | (Decrease) / Increase in Trade Payables | -120.31 | 85.86 |
| | (Decrease) / Increase in Other Current Liabilities | 176.21 | (62.75) |
| | (Decrease) / Increase in Other Current Financial Liabilities | | |
| | (Decrease) / Increase in Provisions | - | - |
| | (Decrease) / Increase in Current tax liabilities (Net) | - | - |
| | Net cash generated from operations : | 122.57 | (9386.68) |
| | Net Tax paid | 0 | 0.00 |
| | Net cash flow generated from operating activities | 122.6 | (9386.68) |
| B | NET CASH FLOW FROM INVESTING ACTIVITIES | | |
| | Purchase of Property, Plant & Equipment/Intangible Assets | | - |
| | Sale of Property, Plant & Equipment | | |
| | Change in other Non Current Assets | -31.7 | 10.28 |
| | Interest Income | | |
| | IPR Account | | |
| | Net cash used in investing activities | -31.7 | 10.28 |
| C | CASH FLOW FROM FINANCING ACTIVITIES | | |
| | Proceeds from Issue of Shares | | 9594.20 |
| | Changes in Current Borrowings | | - |
| | Changes in Non Current Borrowings | -101 | (171.09) |
| | Unsecured Loan Received | | |
| | Increase in Long Term Deposits | | |
| | Dividend Paid including Corporate Dividend Tax | | |
| | Net cash generated from financing activities | -101 | 9423.11 |
| | NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS | -10.09 | 46.71 |
| | CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR | 52.40 | 5.69 |
| | CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR | 42.31 | 52.40 |
Notes:
1. The cash flow statement has been prepared under the indirect method as set out in Indian Accounting Standard (Ind AS 7) statement of cash flows.
2. Purchase of property, plant & equipment / intangible assets include movement of capital work-in-progress during the year.
3. Cash and cash equivalents comprises :
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Balances in current account with banks | 35.63 | 52.35 |
| Cash on hand | 6.68 | 0.04 |
| Cash and cash equivalents in Cash Flow Statement | 42.31 | 52.40 |
- Ind AS 7 cash flow requires the entities to provide disclosures that enable users of financial statements to evaluate changes in liability arising from financing activities, including both changes arising from cash flows and non cash changes, suggesting inclusion of a reconciliation between the opening and closing balances in the balance sheet for liabilities arising from financing activities, to meet disclosure requirement.
| Particulars | As at 31.03.2026 | As at 31.03.2025 | Cash flows/non cash changes |
|---|---|---|---|
| Borrowings - Non Current | 3295.73 | 3394.94 | -101.01 |
| Borrowings - Current | - | - |
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar Bansilal Joshi
Digitally signed by Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:08:36 +05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
Date: 30.05.2026
Place: Ahmedabad
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
INDEPENDENT AUDITOR'S REPORT ON AUDIT OF CONSOLIDATED FINANCIALS RESULTS OF SILVERLINE TECHNOLOGIES LIMITED ("THE PARENT") AND ITS SUBSIDIARIES PURSUANT TO THE REGULATION 33 AND 52 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS,2015 AS AMENDED.
To the Board of Directors of
SILVERLINE TECHNOLOGIES LIMITED AND ITS SUBSIDIARIES
Report on the Audit of the Consolidated Financial Statements
We have audited the accompanying consolidated financial results for the year ended 31st March,2026 included in the accompanying statement of consolidated financial results for the quarter and year ended 31st March,2026 of SILVERLINE TECHNOLOGIES LIMITED (“the parent) AND ITS SUBSIDIARIES(the parent and its subsidiaries together referred to as “the Group”) and its share of the net profit/(loss) after tax and other comprehensive income/(loss) for the year ended 31st March,2026 (the Statement), being submitted by the parent pursuant to the requirements of Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 as amended (the LODR Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, these financial results:
(a) are presented in accordance with the requirements of regulation 33 of the LODR regulations in this regard and
(b) give a true and fair view in conformity with the recognition and measurement of principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit/(loss), other comprehensive income / (expense) and other financial information of the company for the quarter and year ended march 31,2026.
Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (“the Act”). Our responsibilities under those Standards are further described in the “Auditor’s Responsibilities for the Audit of the Standalone Financial Results” section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
Responsibilities of Management and Board of Directors for the Consolidated Financial Results
The Statement has been prepared on the basis of the annual/quarterly Consolidated financial statements.
The Company’s Management and the Board of Directors are responsible for the preparation and presentation of these Consolidated financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Consolidated financial results, the Management and Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s Responsibilities for the Audit of Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 will always detect a material misstatement when it exists.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.
As part of an audit in accordance with the Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Management and Board of Directors.
Conclude on the appropriateness of the Management and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion.
Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
35, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
CA INDIA
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
CA SARANG CHAVAN
+91 9974 62 3154
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence and communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The accompanying Consolidated Statement includes the results for the quarter ended 31st March, 2026 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year, which were subject to limited review by us, as required under the Listing Regulations. Our opinion on the Audit of the Financial Results for the year ended 31st March, 2026 is not modified in respect of this matter.
FOR
SARANG SHIVAJIRAO CHAVAN AND ASSOCIATES
CHARTERED ACCOUNTANTS
FRN: 159649W
25, 4th Floor, Shree Krishna Tower, Near Navrangpura Jain Derasar, Navrangpura, - 380009
SILVERLINE TECHNOLOGIES LIMITED
CIN L99999MH1992PLC066360
Registered Office :Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial
Estate, Thane, West 400604
Email: [email protected]
website: www.silverlinetechnology.com
Rs in Lakhs
Consolidated Statement of Profit and Loss for the period ended 31st March, 2026
| Quarter Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| Particulars | 31.03.2026 Audited | 31.12.2025 Unaudited | 31.03.2025 Audited | 31.03.2026 Unaudited | Year ended 31-03-2025 | |
| I. | Revenue From Operations | 340.00 | 0 | 3225.5 | 20356.06 | 3370.91 |
| II. | Other Income | 0.00 | 409.81 | 0 | 409.81 | - |
| III. | Total Income (I+II) | 340.00 | 409.81 | 3225.50 | 20765.88 | 3370.91 |
| IV. | EXPENSES | |||||
| Cost of materials consumed | 0 | 0 | 0 | 0 | ||
| Purchases of Stock-in-Trade | 350 | 0 | 3078.1 | 17865.46 | 3078.26 | |
| Changes in inventories of finished goods, | 0 | 0 | 0 | 0 | - | |
| Stock-in -Trade and work-in-progress | 0 | 0 | 0 | 0 | 0 | |
| Employee benefits expense | 10.61 | 0 | 1.8 | 11 | 18.62 | |
| Finance costs | 0.053 | 0 | 0 | 0.37 | - | |
| Depreciation and amortization expense | 1.11 | 1.08 | 6.1 | 4.36 | 10.25 | |
| Other expenses | 2621.16 | 0.203 | 94.7 | 2659.79 | 306.48 | |
| Total expenses (IV) | 2982.93 | 1.28 | 3180.70 | 20540.94 | 3413.61 | |
| V. | Profit/(loss) before exceptional items and tax (III- IV) | -2642.93 | 408.53 | 44.80 | 224.94 | (42.70) |
| VI. | Exceptional Items | - | ||||
| VII. | Profit/(loss) before tax (V-VI) | -2642.93 | 408.53 | 44.80 | 224.94 | (42.70) |
| VIII. | Tax expense: | |||||
| (1) | Current tax | 0.00 | 0.00 | 0.00 | 619.05 | - |
| (2) | Deferred tax | 0 | 0 | - | ||
| (3) | Tax for earlier years | 0 | 0 | - | ||
| 0.00 | 0.00 | 0.00 | 619.05 | - | ||
| IX. | Profit (Loss) for the period from continuing operations (VII-VIII) | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) |
| X | Profit/(loss) from discontinued operations | |||||
| Tax expense of discontinued operations | 0 | 0 | 0 | 0 | - | |
| XI | Tax expense of discontinued operations | 0 | 0 | 0 | 0 | - |
| XII | Profit/(loss) from Discontinued operations (after tax) (X-XI) | 0 | 0 | 0 | 0 | - |
| XIII | Profit/(loss) for the period (IX+XII) | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) |
| XIV | Other Comprehensive Income | |||||
| A (i) Items that will not be reclassified to profit or loss | - | |||||
| Re-measurement gains / (losses) on defined benefit plans | - | |||||
| Income tax effect | 0 | 0 | 0 | 0 | - | |
| B (i) Items that will be reclassified to profit or loss | 0 | 0 | 0 | 0 | - | |
| (ii) Income tax relating to items that will be reclassified to profit or loss | 0 | 0 | 0 | 0 | - | |
| 0 | 0 | 0 | 0 | - | ||
| XV | Total Comprehensive Income for the period (XIII+XIV) | |||||
| Paid Up Capital | -2642.93 | 408.53 | 44.80 | -394.12 | (42.70) | |
| 15592.75 | 15592.75 | 15592.75 | 15592.75 | 15592.75 | ||
| XVI | Earnings per equity share (for continuing operation): | |||||
| (1) Basic | -1.69 | 4.65 | 0.02 | -0.25 | -0.027 | |
| (2) Diluted | -1.69 | 4.65 | 0.02 | -0.25 | -0.027 | |
| XVII | Earnings per equity share (for discontinued |
| XVIII | operation):
(1) Basic
(2) Diluted | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| | Earnings per equity share(for discontinued & continuing operations)
(1) Basic
(2) Diluted | -1.69
-1.69 | 4.65
4.65 | 0.00
0.00 | -0.25
-0.25 | -0.027
-0.027 |
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar Bansilal Joshi
Digitally signed by Yakinkumar Bansilal Joshi
Date: 2026.05.30
19:15:49 +05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
Date: 30-05-2026
Place: Ahmedabad
Notes:
-
The above Audited financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meeting held on 30.05.2026
-
The Auditor of the Company has carried out a audit of the Financial Results for the Quarter ended 31st March,2026 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 205 and has expressed their unqualified opinion.
-
The Audited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standard (IND AS 34), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange board of India (SEBI) under SEBI (LODR) Regulation 2015, as amended.
-
The figures for the previous period/year have been regrouped/reclassified, wherever necessary.
-
The company does not have any Subsidiaries, Joint Ventures or Associate Companies as on March 31,2026
SILVERLINE TECHNOLOGIES LIMITED
CIN L99999MH1992PLC066360
Registered Office :Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane, West
Email: [email protected]
website: www.silverlinetechnologies.in
SEGMENT REPORTING FOR THE QUARTER AND YEAR ENDED ON 31ST MARCH, 2026
Rs in Lakhs
| Particulars | Quarter Ended | Year Ended | Year Ended | ||
|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | For the Year Ended 31st March 2026 | For the Year Ended 31st March 2025 | |
| BUSINESS SEGMENTS INFORMATION | |||||
| a. Agriculture | 340.00 | 409.81 | 3225.50 | 20765.88 | 3225.54 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 145.37 |
| Total Revenue from Operations | 340.00 | 409.81 | 3225.50 | 20765.88 | 3370.91 |
| 2. Segment Operating Results (EBITDA) | |||||
| a. Agriculture | (2642.93) | 408.53 | 44.80 | 224.94 | -42.70 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Operating Results (EBITDA) | (2642.93) | 408.53 | 44.80 | 224.94 | (42.70) |
| 3. Segment Results (PBT) | |||||
| a. Agriculture | (2642.93) | 408.53 | 44.80 | 224.94 | -42.70 |
| b. IT Services | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Profit Before Tax (PBT) | (2642.93) | 408.53 | 44.80 | 224.94 | (42.70) |
| 4. Segment Assets : | |||||
| a. Agriculture | 16488.32 | 17696.92 | 15626.47 | 16488.32 | 15626.47 |
| b. IT Services | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 16488.32 | 17696.92 | 15626.47 | 16488.32 | 15626.47 |
| 5. Segment Liabilities : | |||||
| a. Agriculture | 16488.32 | 15490.47 | 15626.47 | 16488.32 | 15626.47 |
| b. IT Services | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 16488.32 | 15490.47 | 15626.47 | 16488.32 | 15626.47 |
For SILVERLINE TECHNOLOGIES LIMITED
Place: Ahmedabad
Date: 30.05.2026
Yakinkumar Bansilal Joshi
Digitally signed by Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:16:13 +05'30'
YAKINKUMAR BASILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
SILVERLINE TECHNOLOGIES LIMITED
CIN L99999MH1992PLC066360
Registered Office : Unit No. 509, 5th Floor,Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate,
Thane, West 400604
Email : [email protected]
website: www.silverlinetechnoloies.in
Consolidated Balance Sheet as at 31st March,2026
| | Particulars | As at
31/03/2026 | As at
31-03-2025 |
| --- | --- | --- | --- |
| I. | ASSETS | | |
| 1 | Non-current assets | | |
| | (a) Property, Plant and Equipment | 4.67 | 9.04 |
| | (b) Capital work-in-progress | 5829.72 | 5829.72 |
| | (c) Financial Assets | | |
| | (i) Investments | | |
| | (ii) Trade Receivables | 0.00 | 0.00 |
| | (iii) Loans | | |
| | (iv) Other financial assets | 398.53 | 311.74 |
| | (d) Deferred Tax Assets (net) | | - |
| | (e) Non-Current Tax Assets | 0.00 | - |
| | (j) Other Non-Current Assets | 31.66 | - |
| | | 6264.57 | 6150.49 |
| 2 | Current assets | | |
| | (a) Inventories | - | - |
| | (b) Financial Assets | | |
| | (i) Investments | 5 | |
| | (ii) Trade Receivables | 9794.40 | 3842.11 |
| | (iii) Cash and Cash Equivalents | 42.31 | 52.40 |
| | (iv) Other Bank Balances | | |
| | (v) Loans | | - |
| | (vi) Other Financial Assets | 84.08 | 6137.88 |
| | (c) Current Tax Assets (Net) | 53.98 | 73.40 |
| | (d) Other Current Assets | | |
| | | 9979.77 | 10105.79 |
| | | | |
| | Total Assets | 16244.34 | 16256.28 |
| II | EQUITY AND LIABILITIES | | |
| | Equity | | |
| | (a) Equity Share Capital | 15592.75 | 15592.75 |
| | (b) Other Equity | -3798.04 | (3403.92) |
| | (c) Share Application Money Pending Allotment | | |
| | | 11794.71 | 12188.83 |
| | | | |
| | Liabilities | | |
| 1 | Non-current liabilities | ||
|---|---|---|---|
| (a) Financial Liabilities | |||
| (i) Borrowings | |||
| (ii) Trade Payables | |||
| Total outstanding due of | |||
| (A) Micro enterprises and small enterprises | |||
| (B) Creditors other than micro enterprises and small enterprises | |||
| (iii) Other financial liabilities | |||
| (b) Provisions | |||
| (c) Deferred tax liabilities (Net) | |||
| (d) Other non-current liabilities | 3295.73 | ||
| 649.20 | |||
| 1.89 | 3394.94 | ||
| 228.71 | |||
| 1.89 | |||
| 3946.82 | 3625.53 | ||
| 2 | Current liabilities | ||
| (a) Financial Liabilities | |||
| (i) Borrowings | |||
| (ii) Trade payables | |||
| Total outstanding due of | |||
| (A) Micro enterprises and small enterprises | |||
| (B) Creditors other than micro enterprises and small enterprises | |||
| (iii) Other financial liabilities | |||
| (b) Other current liabilities | |||
| (c) Provisions | |||
| (d) Current tax liabilities | 139.75 | ||
| 362.32 | |||
| 0.75 | 260.06 | ||
| 181.11 | |||
| 0.75 | |||
| 502.81 | 441.91 | ||
| Total Equity and Liabilities | 16244.34 | 16256.27 |
Date: 30.05.2026
Place: Ahmedabad
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar
Bansilal Joshi
Digitally signed by Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:16:39 +05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
SILVERLINE TECHNOLOGIES LIMITED
Consolidated Cash Flow Statement for the period ended on 31st March, 2026
| Particulars | Year ended 31-03-2026 | Year ended 31-03-2025 | |
|---|---|---|---|
| A. | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit/(Loss) before Tax | 224.94 | (42.70) | |
| Add/(Less) : Adjustments for non cash items | |||
| Depreciation | 4.362 | 10.25 | |
| Provision for tax | 0.00 | ||
| Written off Capital Work-in-progress | 0.00 | ||
| Add/(Less) : Other adjustments | 0.00 | ||
| (Profit)/Loss on Sale of Tangible/Intangible assets | 0.00 | ||
| Interest Income | 0.00 | ||
| Interest and Other Borrowing Cost Paid | 0.00 | ||
| Sundry balance written off | 0.00 | 173.40 | |
| Reversal of provision for doubtful debts | 0.00 | ||
| Reversal of Provision for expected credit loss | 0.00 | ||
| Operating Profit before Working Capital Changes | 229.30 | 140.95 | |
| Add/(Less) : Adjustments for working capital changes | |||
| Changes in Current Assets | |||
| Decrease / (Increase) in Inventory | - | - | |
| Decrease / (Increase) in Trade Receivables | -6204.19 | (3370.91) | |
| Decrease / (Increase) in Other Financials Assets | 6053.80 | (68.45) | |
| Decrease / (increase) in Short term loans & Advances | - | - | |
| Decrease / (Increase) in Non current tax assets | (31.66) | - | |
| Decrease / (increase) in Other Current financial assets | 19.42 | (6111.38) | |
| Changes in Current Liabilities | |||
| (Decrease) / Increase in Trade Payables | -120.31 | 85.86 | |
| (Decrease) / Increase in Other Current Liabilities | 181.21 | (62.75) | |
| (Decrease) / Increase in Other Current Financial Liabilities | - | - | |
| (Decrease) / Increase in Provisions | - | - | |
| (Decrease) / Increase in Current tax liabilities (Net) | - | - | |
| Net cash generated from operations : | 127.57 | (9386.68) | |
| Net Tax paid | 0 | 0.00 | |
| Net cash flow generated from operating activities | 127.6 | (9386.68) | |
| NET CASH FLOW FROM INVESTING ACTIVITIES | |||
| Purchase of Property, Plant & Equipment/Intangible Assets | - | - | |
| Increase in Investment | (5.00) | - | |
| Change in other Non Current Assets | -31.7 | 10.28 | |
| Interest Income | - | - | |
| IPR Account | - | - | |
| Net cash used in investing activities | -36.7 | 10.28 | |
| C | CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceeds from Issue of Shares | - | 9594.20 | |
| Changes in Current Borrowings | - | - | |
| Changes in Non Current Borrowings | -101 | (171.09) | |
| Unsecured Loan Received | - | - | |
| Increase in Long Term Deposits | - | - | |
| Dividend Paid including Corporate Dividend Tax | - | - | |
| Net cash generated from financing activities | -101 | 9423.11 | |
| NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS | -10.09 | 46.71 | |
| CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR | 52.40 | 5.69 | |
| CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR | 42.31 | 52.40 |
Notes:
1. The cash flow statement has been prepared under the indirect method as set out in Indian Accounting Standard (Ind AS 7) statement of cash flows.
2. Purchase of property, plant & equipment / intangible assets include movement of capital work-in-progress during the year.
3. Cash and cash equivalents comprises :
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Balances in current account with banks | 35.63 | 52.35 |
| Cash on hand | 6.68 | 0.04 |
| Cash and cash equivalents in Cash Flow Statement | 42.31 | 52.40 |
- Ind AS 7 cash flow requires the entities to provide disclosures that enable users of financial statements to evaluate changes in liability arising from financing activities, including both changes arising from cash flows and non cash changes, suggesting inclusion of a reconciliation between the opening and closing balances in the balance sheet for liabilities arising from financing activities, to meet disclosure requirement.
| Particulars | As at 31.03.2026 | As at 31.03.2025 | Cash flows/non cash changes |
|---|---|---|---|
| Borrowings - Non Current | 3295.73 | 3394.94 | -101.01 |
| Borrowings - Current | - | - |
Date: 30-05-2026
Place: Ahmedabad
For SILVERLINE TECHNOLOGIES LIMITED
Yakinkumar
Bansilal Joshi
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 19:16:57
+05'30'
YAKINKUMAR BANSILAL JOSHI
MANAGING DIRECTOR
DIN: 10745009
.
SILVERLINE
CIN: L46209MH1992PLC066360
Date: 30-05-2026
To,
The General Manager,
Corporate Relationship Department,
BSE Limited,
Phiroz Jeejeebhoy Tower,
Dalal Street, Mumbai — 400001,
Maharashtra, India
Reference (BSE): ISIN -INE368A01021; Scrip Code-500389; Symbol-SILVERLINE
Sub: Declaration of Audit Reports with an unmodified opinion.
Dear Sir/Ma’am,
Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that M/s. Sarang Shivajirao Chavan And Associates., Chartered Accountant, Statutory Auditors of the Company, have issued Audit Reports with an unmodified opinion on the Audited Standalone & Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026.
Kindly take the same on record.
Thanking you,
Yours truly,
FOR Silverline Technologies Limited
Yakinkumar Bansilal Joshi
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 18:36:25 +05'30'
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN- 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
S SILVERLINE
CIN: L46209MH1992PLC066360
Date: 30th May, 2026
To,
BSE Limited,
Phiroz Jeejeebhoy Tower,
Dalal Street, Mumbai-400001,
Maharashtra, India
Reference: ISIN – INE368A01021; Scrip Code: 500389; Symbol- SILVERLINE
Subject: Intimation of resignation of Non-Executive Independent Director under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, this is to inform you that:
- Mr. Nayankumar Sureshbhai Patel (DIN: 11149192) have tendered his resignation as a Non Executive Independent Director of the Company with effect from close of business hours on 30th May, 2026.
The relevant details as required under Regulation 30 read with Schedule III — Para A of Part A of the SEBI Listing Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13th July, 2023, are given in Annexure I.
The resignation letter received from Mr. Nayankumar Sureshbhai Patel (DIN: 11149192) is also enclosed.
The Board of Directors of the Company has noted the same and placed on record its sincere appreciation for the contribution made by Mr. Nayankumar Sureshbhai Patel during his tenure as a Board Member with the Company.
Yours truly,
For Silverline Technologies Limited
Yakinkumar
Bansilal Joshi
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 18:37:05
+05'30"
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN: 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE I:
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023.
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. resignation | Mr. Nayankumar Sureshbhai Patel (DIN- 11149192) has expressed his intention to resign as an Non-executive Independent Director of the company with effect from i.e. May 30, 2026 due to pre occupation with other matters. |
| 2 | Date of cessation | May 30, 2026 |
| 3 | Name of the listed entities in which resigning director holds directorship including category of directorship and membership of committee, if any | N.A. |
| 4 | Brief Profile (In case of appointment) | N.A. |
| 5 | Disclosure of Relationship between Directors {in case of appointment of Director) | N.A. |
| 6 | The director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided. | Mr. Nayankumar Sureshbhai Patel (DIN- 11149192) confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. |
Regd. Off: Silverline Technologies Ltd., Unit No. 509,
5^{\text{th}}
Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
Resignation Letter
Date: 30th May 2026
To,
The Board of Directors,
Silverline Technologies Limited
Unit no 509, 5th Floor, Centrum IT Park, Wagle Industrial Estate,
Thane West, Wagle I.E., Thane, Thane, Maharashtra, India, 400604
Sub: Resignation from the position of Non-Executive Independent Director of the company.
Dear Sir/Madam,
I, Nayankumar Sureshbhai Patel (DIN- 11149192) Resident of 5137, Mahadev Fali, B/h Saijpur Tower, Saijpur Bogha Ahmadabad City, Gujarat, India 382345, due to pre-occupation, I hereby tender my resignation from the position of Non-Executive Independent Director of the Company with immediate effect. Kindly accept this letter as my resignation with immediate effect from 30th May, 2026, from the post of Non-Executive Independent Director of Silverline Technologies Limited and relieve me of my duties.
Kindly acknowledge the receipt of this resignation letter and arrange to submit the necessary forms with the office of the Registrar of Companies, to that effect.
Thanking You,
Yours sincerely,
N. S. Patel
Nayankumar Sureshbhai Patel
DIN No.: 11149192
Dated: 30-05-2026
S SILVERLINE
CIN: L46209MH1992PLC066360
Date: 30th May, 2026
To,
BSE Limited,
Phiroz Jeejeebhoy Tower,
Dalal Street, Mumbai-400001,
Maharashtra, India
Reference: ISIN – INE368A01021; Scrip Code: 500389; Symbol- SILVERLINE
Subject: Intimation of resignation of Non-Executive Independent Director under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, this is to inform you that
- Mr. Sunny Jagpatrai Rai (DIN- 10742820) have tendered his resignation as a Non Executive Independent Director of the Company with effect from close of business hours on 30th May, 2026.
The relevant details as required under Regulation 30 read with Schedule III — Para A of Part A of the SEBI Listing Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13th July, 2023, are given in Annexure I.
The resignation letter received from Mr. Sunny Jagpatrai Rai (DIN- 10742820) is also enclosed.
The Board of Directors of the Company has noted the same and placed on record its sincere appreciation for the contribution made by Sunny Jagpatrai Rai during his tenure as a Board Member with the Company.
Thanking You,
Yours truly,
For Silverline Technologies Limited
Yakinkumar
Digitally signed by
Yakinkumar Bansilal Joshi
Bansilal Joshi
Date: 2026.05.30 18:36:45
+05'30'
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN: 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
ANNEXURE I:
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023.
| Sr. No. | Disclosure Requirement | Details |
|---|---|---|
| 1 | Reason for change viz. resignation | Mr. Sunny Jagpatrai Rai (DIN- 10742820) has expressed his intention to resign as an Non-Executive Independent Director of the company with effect from i.e. May 30, 2026 due to pre occupation with other matters. |
| 2 | Date of cessation | May 30, 2026 |
| 3 | Name of the listed entities in which resigning director holds directorship including category of directorship and membership of committee, if any | N.A. |
| 4 | Brief Profile (In case of appointment) | N.A. |
| 5 | Disclosure of Relationship between Directors {in case of appointment of Director) | N.A. |
| 6 | The director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided. | Mr. Sunny Jagpatrai Rai (DIN- 10742820) confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. |
Regd. Off: Silverline Technologies Ltd., Unit No. 509,
5^{\text{th}}
Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
Resignation Letter
Date: 30th May 2026
To,
The Board of Directors,
Silverline Technologies Limited
Unit no 509, 5th Floor, Centrum IT Park, Wagle Industrial Estate,
Thane West, Wagle I.E., Thane, Thane, Maharashtra, India, 400604
Sub: Resignation from the position of Non-Executive Independent Director of the company.
Dear Sir/Madam,
I, Sunny Jagpatrai Rai (DIN- 10742820) Resident of B-71 Ankur Society, Krushananagar, Ahmadabad City, Gujarat, India 382345 due to pre-occupation, I hereby tender my resignation from the position of Non-Executive Independent Director of the Company with immediate effect. Kindly accept this letter as my resignation with immediate effect from 30th May, 2026, from the post of Non-Executive Independent Director of Silverline Technologies Limited and relieve me of my duties.
Kindly acknowledge the receipt of this resignation letter and arrange to submit the necessary forms with the office of the Registrar of Companies, to that effect.
Thanking You,
Yours sincerely,
Sunny Jagpatrai Rai
DIN No.: 10742820
Dated: 30-05-2026
S SILVERLINE
CIN: L46209MH1992PLC066360
Date- 30th May, 2026
To,
BSE Limited,
Phiroz Jeejeebhoy Tower,
Dalal Street, Mumbai-400001,
Maharashtra, India
Reference: ISIN – INE368A01021; Scrip Code- 500389; Symbol- SILVERLINE
Subject: Intimation / Disclosure of events under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of the Company has passed a resolution in its meeting held on 30th May, 2026 approving, inter alia, the following matter:
- Appointment of Mr. Valay Girishbhai Chauhan (DIN: 11748817) as an Additional Non Executive Independent Director of the Company with effect from 30th May, 2026.
On the recommendation of Nomination and Remuneration Committee, the Board of Directors of the company has appointed Mr. Valay Girishbhai Chauhan (DIN: 11748817) as an Additional Non Executive Independent Director of the Company w.e.f. 30th May, 2026.
The relevant details pursuant to appointment under Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure I.
We request you to take the above information on record and the same be treated as compliance under the applicable provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
You are requested to kindly take the same in your record.
Please take the aforesaid on record.
Thanking you,
Yours faithfully,
For Silverline Technologies Limited
Yakinkumar
Bansilal Joshi
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30
19:28:26 +05'30'
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN: 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
Annexure I
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/ P/CIR/2023/123 dated 13th July 2023.
| Sr. No. | Disclosure | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Mr. Valay Girishbhai Chauhan (DIN: 11748817) has been appointed as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026, subject to approval of Shareholders. |
| 2 | Date of Appointment | 30th May, 2026 |
| 3 | Brief Profile (In case of appointment) | Mr. Valay Girishbhai Chauhan (DIN: 11748817) is a Young and enthusiastic professional with experience in the Agriculture Business sector and, having practical understanding of agricultural business activities and operational management. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | He is not related to any Directors of the company |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Mr. Valay Girishbhai Chauhan (DIN: 11748817) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority. |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
SILVERLINE
CIN: L46209MH1992PLC066360
Date- 30th May, 2026
To,
BSE Limited,
Phiroz Jeejeebhoy Tower,
Dalal Street, Mumbai-400001,
Maharashtra, India
Reference: ISIN – INE368A01021; Scrip Code- 500389; Symbol- SILVERLINE
Subject: Intimation / Disclosure of events under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of the Company has passed a resolution in its meeting held on 30th May, 2026 approving, inter alia, the following matter:
- Appointment of Om Patel (DIN: 11748824) as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026.
On the recommendation of Nomination and Remuneration Committee, the Board of Directors of the company has appointed Om Patel (DIN: 11748824) as an Additional Non Executive Independent Director of the Company w.e.f. 30th May, 2026.
The relevant details pursuant to appointment under Regulation 30 of Listing Regulations, read with SEBI Circular dated July 13, 2023 are enclosed as Annexure I.
We request you to take the above information on record and the same be treated as compliance under the applicable provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
You are requested to kindly take the same in your record.
Please take the aforesaid on record.
Thanking you,
Yours faithfully,
For Silverline Technologies Limited
Yakinkumar
Bansilal Joshi
Digitally signed by
Yakinkumar Bansilal Joshi
Date: 2026.05.30 18:38:03 +05'30'
Yakinkumar Bansilal Joshi
Managing Director & CFO
DIN: 10745009
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]
S
SILVERLINE
CIN: L46209MH1992PLC066360
Annexure I
Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/ P/CIR/2023/123 dated 13th July 2023.
| Sr. No. | Disclosure | Details |
|---|---|---|
| 1 | Reason for change viz. Appointment | Mr. Om Patel (DIN: 11748824) has been appointed as an Additional Non-Executive Independent Director of the Company with effect from May 30, 2026, subject to approval of Shareholders.. |
| 2 | Date of Appointment | May 30, 2026 |
| 3 | Brief Profile (In case of appointment) | Mr. Om Patel (DIN: 11748824) is a dedicated and hardworking individual with experience in the Agriculture Business sector and possesses practical knowledge of agricultural operations and business management. |
| 4 | Disclosure of Relationship between Directors {in case of appointment of Director} | He is not related to any Directors of the company. |
| 5 | Declaration pursuant to BSE Circular No. LIST/COMP/14/2018- 19 dated June 20, 2018, | Mr. Om Patel (DIN: 11748824) is not debarred from holding office of the Director by virtue of any order passed by the Securities and Exchange Board |
Regd. Off: Silverline Technologies Ltd., Unit No. 509, 5th Floor, Centrum IT Park, Near Satkal Hotel, Wagle Industrial Estate, Thane West 400604
Contact no.: 9821140008 *Website- www.silverlinetechnology.com * E-mail ID- [email protected]