Company Overview
Silicon Valley Infotech Limited (CIN: L15311WB1993PLC061312) is a listed Non-Banking Financial Company (NBFC) incorporated in 1993 with its registered office at 10, Princep Street, 2nd Floor, Kolkata - 700072. The company is engaged in trading and investment in shares and securities and providing loans. Equity shares are listed on Bombay Stock Exchange (Scrip Code: 531738) and Calcutta Stock Exchange (Scrip Code: 26161).
Financial Performance for FY 2025-2026
Revenue from Operations: ₹0.03 lakhs (Previous Year: ₹0.02 lakhs)
Other Income: ₹21.89 lakhs (Previous Year: ₹34.50 lakhs)
Total Revenue: ₹21.92 lakhs (Previous Year: ₹34.52 lakhs)
Total Expenses: ₹26.38 lakhs (Previous Year: ₹34.51 lakhs)
Profit/(Loss) before Tax: (₹4.46) lakhs (Previous Year: ₹0.01 lakhs)
Tax Expense: Nil (Previous Year: Nil)
Net Profit/(Loss) after Tax: (₹4.46) lakhs (Previous Year: ₹0.01 lakhs)
Other Comprehensive Income: (₹1.83) lakhs (Previous Year: Nil)
Total Comprehensive Income: (₹6.29) lakhs (Previous Year: ₹0.01 lakhs)
Basic and Diluted EPS: (₹0.003) (Previous Year: ₹0.00)
Key Balance Sheet Figures (as at March 31, 2026):
Total Assets: ₹85.75 lakhs (Previous Year: ₹150.41 lakhs)
Cash & Cash Equivalents: ₹3.89 lakhs (Previous Year: ₹5.26 lakhs)
Investments: ₹74.15 lakhs (Previous Year: ₹54.08 lakhs)
Other Financial Assets: ₹7.72 lakhs (Previous Year: ₹91.07 lakhs)
Other Financial Liabilities: ₹141.26 lakhs (Previous Year: ₹199.81 lakhs)
Paid-up Equity Capital: ₹1,296.80 lakhs (Unchanged from previous year)
Other Equity: (₹1,352.31) lakhs (Previous Year: (₹1,346.20) lakhs)
Share Capital and Corporate Action
Paid-up Equity Capital: ₹1,296.80 lakhs comprising 129,680,000 equity shares of ₹1 each.
Share Capital Reduction: The company initiated the process for reduction of its paid-up equity share capital pursuant to Section 66 of the Companies Act, 2013, subject to approval of shareholders, NCLT and other statutory authorities. The proposed reduction is intended for eliminating accumulated losses and consolidating its share capital. The proposal was approved by shareholders at the Extraordinary General Meeting held on March 9, 2026. The company has thereafter taken necessary steps/proceedings before the Hon'ble NCLT, Kolkata Bench.
Listing Status
Equity shares are listed on Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited. Listing fees for 2026-2027 have been paid to stock exchanges. The company is in process of revocation of suspension from CSE (reason for suspension not communicated).
43rd Annual General Meeting
Date: Monday, September 28, 2026
Time: 2:00 PM
Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
Business to be transacted:
1. To receive, consider and adopt audited financial statements for FY 2025-2026
2. To appoint a director in place of Smt. Madhu Prajapati (DIN: 07150790) who retires by rotation
Cut-off date for determining shareholders entitled to vote: September 21, 2026
Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
Scrutinizer: Mr. Atul Kumar Labh (C.P. No. 3238, Membership No. FCS 4848) of M/s. A.K. Labh & Co., Practicing Company Secretaries, Kolkata
Board of Directors
Managing Director, Executive: Shri Santosh Kumar Jain (DIN: 00174235)
Non-Executive Director: Smt. Madhu Prajapati (DIN: 07150790)
Non-Executive/Independent Directors: Shri Rajendra Kumar Parewa (DIN: 08428154), Shri Rohit Sahu (DIN: 08426713)
Key Managerial Personnel:
Chief Financial Officer: Shri Gautam Saha
Company Secretary: Smt. Ankita Saxena
Director Seeking Re-appointment:
Smt. Madhu Prajapati (DIN: 07150790) was appointed on August 13, 2025, holds B.Com and NCFM certifications, and has experience in corporate and investment matters. She holds directorships in Manglam India Ltd, Blue Chip India Ltd, CMS Finvest Ltd, Amluckie Investment Co. Ltd, and Herald Commerce Ltd.
Board Meetings and Committees
Board Meetings: 6 meetings held during FY 2025-2026 on May 28, 2025; August 13, 2025; November 12, 2025; January 27, 2026; February 2, 2026; and February 11, 2026. All directors attended all meetings.
Board Committees:
1. Audit Committee: Chairman - Shri Rajendra Kumar Parewa; Members - Shri Santosh Kumar Jain, Shri Rohit Sahu (4 meetings held)
2. Nomination and Remuneration Committee: Chairman - Shri Rajendra Kumar Parewa; Members - Smt. Madhu Prajapati, Shri Rohit Sahu (2 meetings held)
3. Stakeholders' Relationship Committee: Chairman - Shri Rajendra Kumar Parewa; Members - Shri Santosh Kumar Jain, Shri Rohit Sahu (1 meeting held)
Auditors
Statutory Auditors: M/s. Agarwal Sanganeria & Co., Chartered Accountants (FRN: 317224E) appointed for 5 years till AGM 2029
Secretarial Auditor: M/s. Ankita Goenka & Associates, Practicing Company Secretaries
Internal Auditor: M/s. Dash & Associates, Chartered Accountants
Audit Fees:
Statutory Audit Fees: ₹0.30 lakhs (Previous Year: ₹0.30 lakhs)
Limited Review: ₹0.00 lakhs (Previous Year: ₹0.18 lakhs)
Secretarial Audit Report
Auditor: M/s. Ankita Goenka & Associates
Observations:
1. Website of the company needs updation
2. Management should ensure all statutory forms and disclosures are properly reviewed, reconciled and verified
3. DIN of Krishna Banerjee and Rohit Sahu deactivated due to non-filing of DIN KYC (Krishna Banerjee resigned during the year)
4. Scheme of Reduction of Share Capital approved by shareholders and submitted to BSE on March 13, 2026
5. Demise of Shri Amitava Das, Company Secretary on December 6, 2025 and resignation of Ms. Chandini Jain as Company Secretary on December 31, 2025
Compliance with Corporate Governance
Certificate from practicing company secretaries confirms compliance with conditions of corporate governance except:
1. Website needs updation (Regulation 46)
2. Certain instances of delayed filings/submissions
3. Board composition not in compliance with Regulation 17(1)(b) during September 2025 and December 2025 quarters
4. Nomination and Remuneration Committee did not have 3 members for the whole quarter (Regulation 19(1)(a))
Shareholding Pattern (as on March 31, 2026)
Total Shares: 129,680,000
Promoters & Promoter Group: 3,558,000 shares (2.74%)
Public Shareholding: 126,122,000 shares (97.26%)
Dematerialized Holdings: 79.78% of total equity capital
Major Shareholders (＞5%):
- Hungerford Consultants Pvt Ltd: 12,369,896 shares (9.54%)
- Bahubali Properties Limited: 8,970,947 shares (6.92%)
- Acme Resources Ltd: 7,650,000 shares (5.90%)
Related Party Transactions
All related party transactions were in ordinary course of business and at arm's length basis. No materially significant related party transactions with promoters, directors, KMPs or other persons which may have potential conflict with interest of the company.
Other Disclosures
Dividend: No dividend recommended for FY 2025-2026
Transfer to Reserves: No amount transferred to general reserve
Deposits: No deposits accepted from public
Loans, Guarantees, Investments: Company being NBFC is exempted from disclosure under Section 186(11)
Corporate Social Responsibility: Provisions not applicable to the company
Conservation of Energy: Not applicable as company doesn't own manufacturing facility
Foreign Exchange: No inflow/outflow of foreign exchange during the year
Employee Strength: 7 permanent employees
Risk Management
The company has a Risk Management Policy in accordance with Companies Act, 2013 and SEBI LODR Regulations, 2015. At present, the company has not identified any element of risk which may threaten its existence.
Significant Orders
No significant material orders passed by regulators/courts which would impact the going concern of the company and its future operations.
Capital Adequacy Ratios (as per RBI requirements)
Capital to Risk-Weighted Assets Ratio (CRAR): (0.65)% (Previous Year: (0.33)%)
Tier I CRAR: (55.51)% (Previous Year: (49.40)%)
Tier II CRAR: Not applicable (Previous Year: Not applicable)
Address for Correspondence
Registrar & Share Transfer Agent: Maheshwari Datamatics Pvt. Ltd., 23, R.N. Mukherjee Road, 5th Floor, Kolkata - 700001
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