Skyline Ventures India Ltd Approves 100% Acquisition of SPVO Two Point O Ventures Tech Private Limited and Seeks Members' Approval for Various Powers

The Board of Directors of Skyline Ventures India Limited, in a meeting held on Wednesday, 11th March, 2026, approved the proposal to acquire 100% of the equity share capital of SPVO Two Point O Ventures Tech Private Limited for a total consideration of ₹ 31,00,000. The company also seeks members' approval for increasing borrowing powers, selling or disposing of the whole or substantially the whole of the undertaking, making investments, and permitting Non-Resident Indians to hold up to 24% of the paid-up capital. The meeting also discussed the challenges faced by the company, including operational issues and pending financials, and authorised the initiation of investigation against concerned stakeholders. The meeting concluded at 8:45 PM.