Shares of Silverline Technologies hit the upper circuit on February 24, 2026. The buying interest followed the company’s disclosure regarding a proposed strategic investment and an indicative valuation of ₹400 crore linked to its AI led business strategy.
On February 18, 2026, the company informed exchanges that its Board considered a strategic investment proposal from Trueledger Technologies FZE. The proposal involves an investment of up to ₹80 crore for up to 20% equity participation, subject to regulatory approvals and valuation support.
The Board noted an indicative post money valuation of approximately ₹400 crore. As of February 24, 2026 at 9:51 am, the company’s market capitalisation stood at ₹336.80 crore. The indicative valuation is still around 19% higher than the prevailing market capitalisation.
The Board granted in principle approval to explore the strategic investment. It also approved raising funds through issuance of equity shares or other permissible convertible securities on a preferential basis, in accordance with the Companies Act, 2013 and SEBI ICDR Regulations.
An independent SEBI registered valuer will be appointed to evaluate and support the proposed valuation framework. The management has been authorised to negotiate and execute a detailed non binding term sheet with the investor.
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The company has initiated financial, legal, and technical due diligence processes. An internal execution committee comprising senior management and advisers has been formed to oversee valuation, documentation, regulatory filings, and transaction timelines.
The proposal remains subject to independent valuation, regulatory pricing determination, shareholder approval if required, and execution of definitive agreements. As of February 18, 2026, no binding agreement had been executed.
As of February 24, 2026, at 9:57 AM, Silverline Technologies share price on BSE was trading at ₹21.60 up by 4.96% from the previous closing price.
Silverline Technologies’ share price movement on February 24, 2026, follows its disclosure of a potential ₹80 crore strategic investment and an indicative valuation of ₹400 crore. The transaction is currently at a preliminary stage and subject to multiple approvals and compliance requirements.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 24, 2026, 11:25 AM IST
Team Angel One
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