Silverline Technologies Limited, earlier known as Silverline Industries Limited, was established on April 13, 1992. The Company name was changed from Silverline Industries Limited to Silverline Technologies Limited on December 9, 1999. Silverline Technologies is an international software development and integration services firm, with over 1,800 software professionals worldwide.
Over the past year, Company has expanded the technology, launching new tools that integrate satellite imagery, soil health data, and AI-based yield forecasting. These innovations are helping farmers make informed decisions, reduce input costs, and improve productivity. The adoption of tech platform saw strong growth, with an expanding user base comprising individual farmers, Farmer Producer Organizations (FPOs), and agri-input dealers.
The Company provides a comprehensive set of eBusiness consulting and IT services, including strategic consulting, creative design, technology integration and implementation, as well as management and maintenance of Internet and legacy applications.
Silverline focuses primarily on Global 2000 clients in key industry sectors, such as automotive/discrete manufacturing, financial services, healthcare/insurance, technology and telecommunications. The Company also has extensive experience in technologies such as mobile and wireless applications, ePayments and enterprise information portals, as well as in business processes such as customer relationship management (C ...RM), eProcurement and online marketplaces, channel management and employee enablement.
Silverline delivers its services through a global network of software development centers. At the heart of the network are core offshore centers in Chennai, Hyderabad and Mumbai, in India, and Cairo, Egypt. These centers support regional development facilities located close to clients throughout North America, Europe and Asia Pacific. With SEI CMM Level 4 and ISO 9001 certified processes, Silverline uses this Global Delivery Model to provide superior service, accelerated delivery and significant cost savings to clients around the world.
Silverline Technologies, Inc., a subsidiary of Silverline Technologies Limited announced on 20th Sep. 2002 that it has received an offer from Cognizant Technology Solutions US Corporation to acquire certain assets of a business unit of Silverline Technologies Inc. that provides information technology services to a fortune 100 financial services company.
This business unit was acquired as part of the acquisition of SeraNova, Inc., an eBusiness consulting services company that was acquired by Silverline in March 2001.
Cognizant's proposal is non-binding and is subject to, among other things, satisfactory completion of due diligence, negotiation and execution of mutually satisfactory definitive agreements and the approval of Cognizant's Board of Directors. The proposed transaction is part of Silverline's overall financial restructuring plan.
Earlier, Silverline Technologies appointed Dr.Nirmal Jain as the new Vice Chairman and CEO for the company. The company also announced the reconstitution of the board wherein Dr. Nirmal Jain and Mr. Prem Rajani have been added while replacing Mr.Kulathu Subramanian, Mr.S.V Mony, Mr.George Zoffinger and Mr.Shankar Iyer. This announcement is in line with its earlier decision to shift operational management function to India to enable it to more effectively position its services, better manage its costs, and enhance profitability.
Silverline plans an expansion program to address emerging opportunities in the areas of IT Software Solutions and Information Technology Enabled Services. New initiatives in the areas of Business Process Outsourcing (BPO), Enterprise Solutions among others are planned in the immediate future through Business Combinations, Joint Ventures, strategic alliances etc with established players in the international arena.
Silverline had made a public offering in the US during Jun.'00. The company had issued 4.35 million American Depository Shares (ADSs), representing 8.7 million equity shares, at a price of US $ 25 per ADS. The company raised a sum of $ 108.75 million (Rs 500.25 crore). The ADSs were listed on the New York Stock Exchange (NYSE) in Jun'00.
Silverline was the first Indian software services company to use its American Depository Receipt (ADR) issue proceeds for a high-value acquisition in the US. It had acquired Seranova Inc, a US based eBusiness consulting and integration services company in Oct.'00 for a consideration of $ 99 million (Rs 455.4 crore).
Silverline has a technical alliance partnership with BEA for e-business infrastructure. The company has also tied up with Siebel Systems, a leading provider of eBusiness applications and software, as a consulting and implementation partner. Clarify, a Nortel Networks company is a consulting partner of Silverline for services in customer relationship and virtual Internet marketplaces. Silverline is also a developer partner of Sun Microsystems.
In line with company's business expansion plan in US, the company had issued 45,00,000 ADRs for acquisition of CTC Corp and its subsidiaries.
In 2003, the Company signed MOU with a telecom BPO Solutions provider in USA, to support 200-250 seats capacity from its offshore development centres in India, in Phase-1.
The Company acquired OMDR Inc., (Omega Direct Response Inc.) a global provider of customer interaction and management services in 2008.
In 2019, the Company utilized emerging technologies to create new customer experiences, achieve cost efficiencies, and gain competitive advantages in areas such as SAP, AI & Cognitive Computing, ML, Analytics, Intelligent Automation, Blockchain, IoT, Security, and cloud technologies, Cyber Security delivers innovative processes and solutions globally that resulted in significant market impact.
FAQs on Silverline Technologies Ltd
1. Can I buy Silverline Technologies Ltd from PL Capital? ›
Yes, you can invest in Silverline Technologies Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Silverline Technologies Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Silverline Technologies Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Silverline Technologies Ltd pay dividends? ›
Silverline Technologies Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Silverline Technologies Ltd ? ›
As of
05-Feb-2026 , 16:01:55 the share price for Silverline Technologies Ltd. is ₹ 11.51 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Silverline Technologies Ltd ? ›
The 52-week high and low of Silverline Technologies Ltd share price is ₹ 7.42 - ₹ 20.75 as of
05-Feb-2026 , 16:01:55 .
