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UAE-based Trueledger Technologies FZE has won board permission to make a strategic equity investment of up to Rs 80 crore in Silverline Technologies Ltd (BSE: 500389), which is a substantial development boost to the micro-cap technology industry in India. The acquisition, which was announced in mid-February 2026, implies up to a 20 percent investment of equity in the company with an estimated post-investment valuation of about Rs 400 crore.

Silverline Technologies, a consulting, software, and digital transformation provider with a global presence, has been enjoying momentum with its SilverAI platform, which recently reportedly surpassed 24,000 users only a few months following its public release. These infusions will be successful in stimulating growth, expansion, and the prospective revenue maxims, such as 54 million running monthly in the long run with the help of Akkal, a UAE-registered company operating in the area of tech and innovation.

The news caused a sharp rise in the share price of Silverline, which soared to its highest point since its inception in 2026 and gained more than 5% on the news and multibagger returns (to date, up to 105 percent on FY26 on some penny stock holders). The preferential issue will go through regulatory approvals, nods by shareholders, and other formalities.

This transnational partnership underlines the increase in the number of UAE-India investment relationships in the field of new technologies, in particular AI and digital solutions. The support that Trueledger offers makes Silverline a newcomer to the Indian AI ecosystem and has ambitions to expand worldwide, including the NYSE listing ambitions discussed in market buzz.

This has been seen by investors as a loss of confidence vote for the Made-in-India tech, with larger FII enthusiasm in the high-growth sectors. With approvals on the go, the deal may trigger a subsequent wave of momentum in Silverline, making it cease being a penny stock and emerge to become a prominent AI player in the BSE arena.