Silicon Valley Infotech Ltd

Dematerialisation status

• Registrar and Transfer Agent certificate confirms compliance; no dematerialisation requests were confirmed for 01/07/2026–30/09/2026.

AGM Details

• AGM held on 28 September 2026 at 2:35 PM via VC/OAVM; concluded at 3:00 PM.
• Ms. Madhu Prajapati elected Chairman; Scrutinizer appointed for e-voting.
• Auditor/Internal/Secretarial reports contained no qualifications.

Ordinary Business

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Re-appointment of Smt Madhu Prajapati (DIN 07150790) retiring by rotation.

Voting status

• E-voting results to be declared by Scrutinizer.

Silicon Valley Infotech Limited: Trading Window closed from October 1, 2026 till the end of 48 hours from the date of declaration of the unaudited financial results for the quarter and half year ended September 30, 2026

Financial results

• Board approved unaudited standalone results for quarter ended 30 June 2026, with Limited Review Report.

AGM & reporting

• AGM fixed for 28 September 2026 via VC/OAVM; annual report and notice to be dispatched.

Auditor observations

• Auditor notes: the company has not achieved NOF; management to achieve NOF and call EGM for capital increase.

Business structure

• Business is a single primary segment: Financial Services; Ind AS 108 reporting not applicable.

Availability of results

• Results available on company website and stock exchange portals.

Meeting Details

• Board meeting scheduled for Thursday, 13 August 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone financial results for quarter ended 30 June 2026 to be considered and approved.

Other Notes

• Trading window closed since July 1, 2026; remains closed for the June 30, 2026 results.

Scheme Overview and Purpose

• Reduction of share capital by Silicon Valley Infotech Limited to write off accumulated losses (~Rs. 12.71 crore).
• Objective to reflect true financial position and facilitate future fundraising and business expansion.
• No payout to shareholders, no impact on creditors, and no transfer of assets or liabilities.

Key Terms and Structure

• Capital reduction under Section 66 of Companies Act, 2013, effective upon NCLT sanction and ROC filing.
• Requires shareholder special resolution and NCLT approval; not a related party transaction.

Financial Impact

• Paid-up capital reduced from Rs. 12.97 crore (12.97 crore shares) to Rs. 0.26 crore (25.93 lakh shares).
• Accumulated losses of Rs. 12.71 crore written off against share capital.
• Shareholding percentages remain unchanged post-reduction.
• Fractional shares consolidated and sold; proceeds distributed to shareholders.

Impact on Stakeholders

• Shareholders retain same percentage ownership; no cash payout; new shares issued post-reduction.
• Creditors’ rights and liabilities remain unaffected.
• No impact on employees or business operations; listing on BSE and CSE continues.

Status and Next Steps ️

• Scheme approved by Board and shareholders; pending NCLT sanction and ROC filing.
• New share certificates to be issued within 90 days post-effective date.

Capital Reduction Approval

• Special resolution approved for reduction of share capital at EGM on 09 March 2026.
• Promoters and directors were not interested or participating in the resolution.
• Resolution passed with 99.9999% votes in favor; opposition was 0.0001%.

Shareholding and Control Impact

• No change in promoter or public shareholding or control resulting from the capital reduction.

Board and Governance

• No changes to board or management reported related to this resolution.
• No additional governance or financial impacts disclosed.

EGM Details ️

• EGM held on 09 March 2026 at registered office, Kolkata, from 11:00 AM to 12:15 PM.
• Meeting chaired by Managing Director Santosh Kumar Jain with quorum present.

Resolutions Proposed

• One special resolution proposed: approval of re-arrangement of share capital.

Voting and Outcome

• Voting conducted via remote e-voting and electronic voting at the meeting.
• Voting results and any changes to shareholding or control not disclosed in this filing.