About Silverline Technologies Limited Unlisted Shares

(i) Silverline Technologies Ltd, formerly known as Silverline Industries Ltd., is a global technology consulting, software, and business solutions company. Silverline Technologies enables the successful digital transformation of businesses facing significant disruption fuelled by technology and cultural change. Silverline Technologies is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match.

(ii) Silverline Technologies was India’s first company to be listed in NYSE. Silverline Technologies was rated as the 7th largest software company in India by NASSCOM in 2002. The company was listed in the NYSE for ADRs which touched a market capital of $1.2 Billion in BSE. Silverline Technologies is the first company from India that set-up a development centre in the United States in 1994. That was not all, in 1995, in association with the National Centre for Software Technology and C-DAC, Silverline Technologies established the Silverline Institute of Software Technology. Silverline Technologies with more than 28 years of industry experience has delivered its software services to Fortune 100 companies with over 3700 consultants in 2000.

(iii) Silverline Technologies brings business expertise to clients in the Retail, Consumer Goods, Building Materials, Banking, Insurance, High-tech, Engineering, Manufacturing, Automotive, Hospitality industries across United States, India, Canada, UK, Germany, Hong Kong, Japan, and Egypt. (iv) Silverline Technologies Limited have been appraised at SEI CMM Level 4 of the CMMI Institute’s Capability Maturity Model (CMM)® for its delivery centers and its services at United States, India,Canada, UK, Germany, Hong Kong, Japan, and Egypt.