Silverline Technologies Ltd. Receives Non-Binding LOI for Potential 20% Stake Sale to UAE-Based Trueledger Technologies FZE

Silverline Technologies Limited has received a non-binding Letter of Intent (LOI) from Trueledger Technologies FZE, a UAE-based technology research and holding company, expressing preliminary interest in exploring a potential strategic investment of up to 20% stake in Silverline Technologies. The proposed investment aims to provide strategic exposure to the Company’s artificial intelligence-led initiatives. The final transaction structure, including the mode of investment, valuation, and rights (if any), will be determined in compliance with applicable regulations and after due consideration by the Company’s Board of Directors. The LOI is non-binding, and there is no certainty that the discussions will result in a concluded transaction. The Company will evaluate the proposal in accordance with applicable laws and make appropriate disclosures to the Exchange(s), as and when required.