Silicon Rental Solutions Ltd

Silicon Rental Solutions Ltd. confirms no deviation or variation in the utilization of proceeds from the Preferential Issue of Equity Shares and Convertible Warrants for the year ended March 31, 2026. The funds were raised on January 15, 2025, and utilized as approved in the Extraordinary General Meeting held on October 23, 2024. The Audit Committee reviewed and confirmed the statement, with no adverse comments from auditors.

Silicon Rental Solutions Ltd's Board of Directors approved the audited financial results for the financial year ended March 31, 2026. The board recommended a dividend of 10%, equivalent to Re. 1 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. The board meeting was held on May 26, 2026.

Silicon Rental Solutions Ltd's board approved audited financial results for the half year and year ended March 31, 2026. They recommended a dividend of 10%, equivalent to Re. 1 per equity share, subject to shareholder approval at the Annual General Meeting. The board meeting was held on May 26, 2026, from 04:30 P.M. to 05:15 P.M. The financial results were audited by Vinod Kumar Jain & Co, Chartered Accountants, who issued an unqualified opinion.

Silicon Rental Solutions Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited financial results for the half year and financial year ended March 31, 2026. The board will also consider the recommendation of a dividend for the financial year ending March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the financial results are communicated to the stock exchange.

Silicon Rental Solutions Ltd has secured a purchase order from Infin Tech Rent Guru Private Limited for the sale of 58 Macbook Pro M5 units. The order, valued at ₹1.17 Crores (inclusive of GST), comprises 45 units of Macbook Pro M5 – 16GB/1TB (S), 8 units of Macbook Pro M5 – 16GB/1TB, and 5 units of Macbook Pro M5 – 24GB/1TB. This domestic order is expected to be executed within 7 days. The company confirmed that there is no promoter or group company interest in the awarding entity, and the transaction does not fall under related party transactions.

Silicon Rental Solutions Ltd, in response to a letter seeking clarification under Regulation 30(10) of SEBI (LODR) Regulations, 2015, has stated that there is no pending price-sensitive information that could have led to the significant movement in the price of its shares. The company ensures that all required information/announcements will be duly disclosed to the stock exchange(s) as and when required.

Silicon Rental Solutions Ltd has announced the closure of the trading window for designated persons and their immediate relatives. The closure is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from April 1, 2026, and will reopen after 48 hours of the declaration of financial results for the half year and financial year ended on March 31, 2026. The date of the Board Meeting for the consideration and declaration of the Standalone Financial Results for the same period will be intimated separately.

Silicon Rental Solutions Ltd has announced the reconstitution of its Audit Committee with immediate effect. The new committee comprises of Ashok Kumar Jain as the Chairman, Manish Sehgal and Nikhil Sanjay Motiani as members. Ashok Kumar Jain and Manish Sehgal are Independent Directors, while Nikhil Sanjay Motiani is a Whole Time Director. The reconstitution was approved at a Board of Directors meeting held on Friday, March 13, 2026.

Silicon Rental Solutions Ltd has clarified the price movement of its shares under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company stated that there is no pending price-sensitive information that could have led to the significant movement in the price of its shares. The movement is purely market-driven. The company will continue to inform stock exchanges of all required disclosures as per applicable regulations.

Silicon Rental Solutions Ltd has received a purchase order from Said Technologies Private Limited for the sale of a total quantity of 821 units, comprising of Core I5 Laptops and Core I7 Laptops. The total order value is Rs.4.61 Crores, inclusive of GST. The order is domestic and is to be executed immediately.