Big Boost For This IT Stock! UAE-Based Trueledger Eyes 20% Stake In Rs 400 Cr Valuation Deal

Silverline Technologies Limited has announced the outcome of its Board Meeting held on February 18, 2026, wherein the Board considered a strategic investment proposal received from Trueledger Technologies FZE resulting in key in-principle approvals aimed at strengthening Silverline's growth roadmap, particularly in its AI-led business initiatives.

The Board has given its permission in principle to look into a potential strategic investment from Trueledger Technologies FZE of up to Rs 80 crore. Up to 20% stake participation in the company would be represented by the proposed investment, subject to shareholder approval.

This development points to a possible inflow of funds that could substantially boost Silverline's objectives for technologically driven advancement and expansion.
The Board noted the management's stated post-money valuation of about Rs 400 crore as part of the proposal.

The valuation framework is based on forward-looking projections and anticipated growth, particularly around the company's artificial intelligence-focused strategy. To ensure regulatory compliance and transparency, the Board has resolved to appoint an independent SEBI-registered valuer to evaluate and support the proposed valuation and pricing mechanism in line with SEBI (ICDR) Regulations, as per Silverline Technologies.

Regarding transaction structure, the Board has, in principle, authorized the preferential issuance of equity shares and/or other suitable convertible securities as a means for raising funds.

Furthermore, the Board has given the management team permission to collaborate with Trueledger Technologies FZE to negotiate and execute a comprehensive non-binding Term Sheet. Commercial terms, governance principles, valuation methodology, and other important transaction conditions will all be covered in the proposed Term Sheet.

The Board has also authorized the commencement of technical, legal, and financial due diligence in order to promote a seamless execution process. To supervise valuation, paperwork, regulatory filings, and overall deal time frames, an internal execution committee made up of advisers and senior management has been established.

The company clarified that the proposal remains subject to independent valuation, regulatory pricing determination, statutory and regulatory approvals, shareholder consent (if applicable), and execution of definitive agreements. As of now, no binding agreement has been executed. Further disclosures will be made in accordance with applicable regulatory requirements.

On February 18, 2026, shares of Silverline Technologies Ltd (BSE: 500389) ended at Rs 17.79, up 4.96% and reaching the upper circuit limit. In 2026 alone, the stock has produced a multibagger return of over 105.7%. The market valuation of the firm is around Rs 277.40 crore. With a trailing twelve-month earnings per share (EPS) of Rs 1.15, it maintains a Price-to-Earnings (P/E) ratio of 15.48 from a valuation standpoint.

On a longer time horizon, the stock has produced a 77% 1-year return, which is far higher than the Nifty 50's 12.53% gain over the same time frame.