AI Stock Under Rs 20 Locked in UC After Considering Strategic Investment Proposal from Trueledger Technologies FZE

In a board meeting held on February 18, 2026, between 10:30 A.M. and 11:00 A.M., the Board of Directors of Silverline Technologies Limited granted in-principle approval for a strategic investment proposal from Trueledger Technologies FZE. The proposal, initiated via a non-binding Letter of Intent, outlines a potential investment of up to Rs 80 Crore, representing an equity participation of approximately 20 per cent. This transaction is anchored by an indicative post-money valuation of Rs 400 Crore, driven largely by Silverline’s AI-led business strategy and future growth projections. To ensure regulatory compliance and fair pricing, the Board has resolved to appoint an independent SEBI-registered Registered Valuer to formalise the valuation framework in accordance with SEBI (ICDR) Regulations.

The Board has further authorised management to negotiate and execute a detailed non-binding Term Sheet with Trueledger Technologies FZE to define commercial terms and governance principles. The capital is expected to be raised through the issuance of equity shares or other convertible securities on a preferential basis. To oversee the technical, legal, and financial due diligence, an internal execution committee comprising senior management and advisors has been constituted. While this marks a significant step forward, the final execution remains subject to independent valuation results, shareholder approval, statutory compliance, and the signing of definitive agreements.

About the Company

Silverline Technologies Limited, founded in 1992, is a BSE-listed technology company with over 30 years of experience in delivering enterprise software solutions and digital transformation services. Based in Thane, Maharashtra, the firm maintains a global presence across countries, including the US, UK, Germany and Canada, serving both Fortune 500 and mid-market clients. The company operates across more than 12 industry verticals, such as healthcare, Banking and telecommunications, offering a diverse service portfolio that includes SAP consulting, cybersecurity and blockchain solutions. Most recently, Silverline has expanded into the artificial intelligence sector with the launch of "Silver AI," a proprietary multimodal web platform aimed at capturing a share of India’s growing AI market.

On Wednesday, shares of Silverline Technologies Ltd hit a 5 per cent Upper Circuit to Rs 17.79 per share from its previous closing of Rs 16.95 per share. The stock has a 52-week high of Rs 20.75 per share and a 52-week low of Rs 7.42 per share. The company has a market cap of Rs 277 crore and the stock has given multibagger returns of 140 per cent from its 52-week low of Rs 7.42 per share.

Disclaimer: The article is for informational purposes only and not investment advice.