Investment18 Feb 2026, 11:27 am
Silverline Technologies Ltd. Grants In-Principle Approval to Strategic Investment Proposal from Trueledger Technologies FZE of up to 80 Crore
AI Summary
Silverline Technologies Ltd. held a Board Meeting on 18th February, 2026, where they considered a strategic investment proposal from Trueledger Technologies FZE. The Board granted in-principle approval to explore an investment of up to 80 Crore, representing up to 20% equity participation. The proposed valuation is approximately ~400 Crore, based on forward-looking business projections and growth initiatives. The Board has approved the raising of funds through issuance of equity shares and/or other permissible convertible securities on a preferential basis. The proposal is subject to independent valuation, shareholder approval, regulatory compliances, and execution of definitive agreements.
Key Highlights
- Silverline Technologies Ltd. granted in-principle approval to a strategic investment proposal from Trueledger Technologies FZE of up to 80 Crore.
- The proposed investment represents up to 20% equity participation.
- The proposed valuation is approximately ~400 Crore, based on forward-looking business projections and growth initiatives.
- The Board approved the raising of funds through issuance of equity shares and/or other permissible convertible securities on a preferential basis.
- The proposal is subject to independent valuation, shareholder approval, regulatory compliances, and execution of definitive agreements.