
Silicon Valley Infotech Ltd Approves Scheme of Capital Reduction and E-Voting Facility
The Board of Directors of Silicon Valley Infotech Ltd has approved the convening of an extraordinary general meeting (EGM) on March 9, 2026, to consider and approve the Scheme of Reduction of Capital between the company and its shareholders under Section 66 of the Companies Act, 2013. The company has also provided the facility for e-voting on all resolutions for members holding shares either in physical or electronic form as on the cut-off date, i.e., March 2, 2026. The remote e-voting will commence at 9:00 a.m. on March 6, 2026, and end at 5:00 p.m. on March 8, 2026.
Key Highlights
- Board approved Scheme of Reduction of Capital between the company and its shareholders
- Convening of an extraordinary general meeting (EGM) on March 9, 2026
- E-voting facility provided for members holding shares in physical or electronic form
- Remote e-voting to commence on March 6, 2026, and end on March 8, 2026
- Cut-off date set as March 2, 2026, for members to be eligible for e-voting
Price Impact
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