Silicon Valley Infotech Ltd — Updates, 24-05-2025: Company Update

Silicon Valley Infotech Limited has announced its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, confirming overall adherence to corporate governance and regulatory requirements. The company maintained most compliance areas, including related party transactions approvals and insider trading rules, with minor lapses in performance evaluations of the Board and committees, which are underway. Website updates need improvement due to technical glitches. The company paid fines related to delayed filings and non-disclosures, including issues with audit and nomination committees' composition. A change in statutory auditor took place, with no resignations during the period. This report assures shareholders of ongoing governance diligence despite some procedural delays.