Silicon Valley Infotech Ltd — Important, 13-03-2026: Company Update
13-03-2026 | 02:52 pm
13-03-2026 | 02:52 pm
Silicon Valley Infotech Limited has announced a scheme for the reduction of its share capital. The company will utilize Rs. 12.71 Cr of its paid-up capital to set off accumulated losses totaling Rs. 13.45 Cr as of September 30, 2025. This move aims to clean up the balance sheet, reflecting a more accurate financial position, and facilitate future fundraising for business expansion. Post-reduction, the paid-up capital will be Rs. 0.26 Cr. This corporate action does not involve any payout to shareholders or adversely affect creditors, nor does it change the overall shareholding pattern.
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