Synopsis: Silverline Technologies Ltd (BSE: 500389) shares hit a 5% upper circuit at ₹17.80 on February 18, 2026. The “Zero-Minute” fact is that the Board granted in-principle approval for an ₹80 crore strategic investment from UAE-based Trueledger Technologies FZE, implying a ₹400 crore post-money valuation and fueling the company’s AI-led turnaround strategy.
On Wednesday, February 18, 2026, Silverline Technologies Limited witnessed a surge in buying interest, with its share price locked at the 5% upper circuit limit of ₹17.80. The rally was ignited by the outcome of a crucial Board Meeting held earlier today, where directors evaluated a non-binding Letter of Intent (LOI) for a 20% equity stake sale. The stock has been a standout performer in the penny stock category, delivering over 140% returns from its 52-week low of ₹7.42.
The proposed capital infusion marks a significant pivot for the legacy IT player, which is now repositioning itself as an AI-first solutions provider. With the recent launch of its “Silver AI” productivity platform, the company is attracting global institutional interest to stabilize its balance sheet and fund mass-market expansion.
Why did Silverline Technologies hit the upper circuit today?
The primary driver is the ₹80 Crore Strategic Investment Approval. The Board’s decision to move forward with Trueledger Technologies FZE (a UAE-based tech research firm) provides the company with a massive valuation boost. At an implied valuation of ₹400 crore, the deal is being struck at a significant premium to Silverline’s current market capitalization of approximately ₹277 crore.
Furthermore, the “1-2-1” rule of today’s rally was evident: one major global investor (Trueledger), two growth pillars (Silver AI platform and AI-led digital transformation), and one massive financial turnaround. The company recently reported a Q3 FY26 net profit of ₹4.09 crore, a stark recovery from the ₹0.93 crore loss in the same period last year. This return to profitability has provided the fundamental “floor” needed for institutional investors to consider the preferential equity issuance.
Silverline Technologies: Investment & Financial Snapshot
| Metric | Details (Feb 18, 2026) | Strategic Impact |
| Proposed Investment | ₹80 Crore ($800 Million INR) | Balance Sheet Strength |
| Equity Stake Sale | Up to 20% | Institutional Entry |
| Implied Valuation | ₹400 Crore | 44% Premium to Market Cap |
| Q3 FY26 PAT | ₹4.09 Crore | Profitability Turnaround |
The “Silver AI” Growth Catalyst
The investment from Trueledger is specifically targeted at scaling Silverline’s artificial intelligence initiatives.
- Silver AI Adoption: The company’s proprietary web platform, “Silver AI,” reportedly exceeded 24,000 registered users within days of its beta launch. Management is targeting a user base of 500,000 within the next quarter through a volume-led pricing model of $9/month.
- Operational Efficiency: Silverline has significantly reduced its interest expenses to less than 1% of operating revenue, though it continues to battle high Debtor Days (416 days) and working capital challenges.
- Technical Outlook: Chartists identify the current price of ₹17.80 as a breakout above its previous resistance zone. If the 5% circuit continues, the next major target for the stock is its 52-week high of ₹20.75.
The Bottom Line
The 5% upper circuit in Silverline Technologies highlights a massive “vote of confidence” in its AI-led rebirth. For the Aam Aadmi investor, the focus remains on the execution of the definitive agreement with Trueledger and the commercial success of the Silver AI platform. While the 140% rally is enticing, the zero promoter holding remains a key risk factor to monitor.
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