Thane, Mumbai (India), February 24, 2026: Board of Directors of Silverline Technologies Ltd (BSE – 500389) a global technology consulting, software and digital transformation solutions provider has launched “AI Studio”, a new image-generation feature integrated into its Silver AI platform. The addition marks another strategic step in expanding the Company’s AI-led product ecosystem and monetisation roadmap.

AI Studio enables users to generate professional-grade images through simple text prompts directly within the Silver AI platform. Built on a lightweight architecture, the module is optimized to operate efficiently on low-end GPU environments and supports local deployment use cases, making advanced AI-powered creative tools more accessible and cost-effective for individuals and businesses.

To accelerate adoption, the Company will offer AI Studio free of charge for an introductory period of three months. Post the promotional phase, the feature is proposed to be introduced as an optional paid add-on at Rs. 249 per month (plus applicable taxes) for users of the paid Silver AI chatbot version, subject to final commercial rollout terms.

Recently in the board meeting held today, February 18, 2026 has approved, in principle, a proposed strategic investment by Trueledger Technologies FZE of up to Rs. 80 crore, representing up to 20% equity participation in the Company, subject to regulatory and shareholder approvals. The proposed transaction implies an indicative post-money valuation of approximately Rs. 400 crore, based on forward-looking business projections and planned growth initiatives, particularly in the AI segment.

Share price of the company on 24 February 2026 was trading with gain of 5% at Rs. 21.60 per share with market capitalistion of Rs. 336 crore.

Commenting on the development, Mr. Yakin Joshi, Managing Director and CFO, Silverline Technologies Ltd said, “AI Studio has the potential to enhance user engagement, increase platform stickiness, and create incremental recurring revenue opportunities. The Company will closely monitor adoption metrics and commercial performance as part of its ongoing strategy to build scalable AI-driven offerings. Board of directors have recently approved proposed strategic investment by Trueledger Technologies FZE of up to Rs. 80 crore, representing up to 20% equity participation in the Company. This proposed transaction underscores the Company’s continued focus on enhancing long-term shareholder value and positioning itself for the next phase of scalable growth. Management has been authorized to negotiate and execute a detailed non-binding term sheet covering commercial terms, governance framework, valuation principles, and customary conditions precedent. The Company will also initiate financial, legal, and technical due diligence.”

The proposal follows receipt of a non-binding Letter of Intent from UAE-Based Trueledger Technologies FZE and reflects strong external validation of the Company’s AI-led growth strategy. The proposed capital infusion is aimed at strengthening the Company’s balance sheet, accelerating growth initiatives, and supporting its technology-led expansion strategy.

The Board has approved raising funds through issuance of equity shares and/or other permissible convertible securities on a preferential basis, in accordance with the Companies Act, 2013 and SEBI (ICDR) Regulations. The final structure will be determined in line with regulatory pricing norms and definitive transaction documentation.

The proposed investment remains subject to independent valuation, regulatory pricing determination, shareholder approval (if required), statutory compliances, and execution of definitive agreements.

“The recently launched Silver AI has received an encouraging response, with over 24,000 registered users in its first week. The Company is evaluating a volume-led pricing strategy for the Pro version, targeting 500,000 users within 45 days and proposing a subscription price of USD 9 per month. At this level, the platform presents a potential monthly revenue opportunity of USD 54 million, translating into indicative Rs. 430-450 crore annualised revenue with significant upside even at partial conversion rates,” added Mr. Yakin Joshi.

Company launched its AI – enabled web platform “SilverAI” - https://ai.silverlinetechnologies.in  on 2 Feb 2026 and has received tremendous responses with over 24,000 plus registered users in a week’s time reflecting robust market acceptance and growing interest in AI-driven productivity and enterprise solutions. The Platform estimates reaching 5 lakh registered users in 45 days and further plans to reduce Pro Subscription fee to USD 9 per user per month to drive mass adoption At full pro adoption the company estimates annual revenue potential of Rs. 430-450 crore.  Even at 10% conversion, annual revenue potential estimated to be around Rs. 43 crore and at 20% conversion it is estimated to be around Rs. 86 crore.

To further enhance adoption and deepen user engagement, the company has decided to provide free access to the Pro version of Silver AI to all users for the next six months, subject to applicable terms and conditions. This initiative is strategically designed to maximise usage, gather structured user feedback, and further stabilise and refine the platform ahead of large-scale monetisation. Company believes that the early traction of Silver AI strongly supports its strategic objective of building AI-led, product-driven, recurring revenue streams for long-term stakeholder value creation.

“Silver AI” is the Company’s AI-enabled web platform designed to provide a conversational, assistive interface for productivity and knowledge workflows. The platform has been developed to support users through an intuitive chat-style experience, aimed at improving efficiency in everyday professional and organisational tasks.  India’s AI chatbot market is expanding rapidly and projected to reach $26.4 billion by 2031 and Silver AI is well positioned to tap the growing opportunity with the launch of this initiative.

The Company has executed a rapid five-phase rollout within 30 days, underscoring strong speed-to-market and engineering depth. The web platform is live, with mobile, multimodal AI, and advanced healthcare applications rolling out progressively, supported by a private-by-design, fully encrypted, enterprise-ready architecture.

Silver AI is accessible through standard web browsers and requires no specialised hardware, enabling rapid onboarding and broad usability across diverse user segments. Designed around a conversational chat interface, the platform allows users to efficiently generate, refine, and structure professional and business outputs, including drafting, summarisation, re-writing, brainstorming, and structured responses, thereby improving productivity and decision-making. The platform reflects the Company’s strategic focus on building indigenous product intellectual property, with flexibility to support India-first localisation while remaining relevant for global users. Developed as a scalable platform foundation, Silver AI is designed to support the phased addition of new modules, workflows, and integrations over time, expanding both feature depth and addressable markets.

In parallel, the Company is progressing an enterprise-readiness roadmap for Silver AI, including structured templates, role-based usage, and controlled deployments, positioning the platform for future enterprise adoption. Strategically, Silver AI strengthens the Company’s AI-led growth narrative, supports potential product-based revenue models, and complements its existing technology services portfolio, reinforcing long-term competitiveness and innovation.

Company has reported a strong growth for the Q2FY26 for the quarter ended September 30, 2025. Revenue from operations of the company during Q2FY26 has risen to Rs. 100.07 crore, representing a robust growth of over 100 times from the revenue from operations of Rs. 69.7 lakh in the corresponding period last year. Net Profit of the company during Q2FY26 also rise to Rs. 7.26 crore as against net profit of Rs. 3.28 lakh in the corresponding period last year.  For H1FY26, company has reported net profit of Rs. 18.41 crore and Revenue from operations of Rs. 200.16 crore.

Founded in 1992, Silverline Technologies is a publicly listed global technology company with over three decades of experience in enterprise software, digital transformation, and IT consulting. Since 2019, the Company has leveraged emerging technologies, strategic partnerships, and investments across AI, cloud, cybersecurity, SAP, analytics, automation, and digital platforms to deliver impactful, innovation-led solutions worldwide.