Board Change • Apr 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Kantheti Varma was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹90.4m market cap, or US$953.6k). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Mar 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Kantheti Varma was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 20
Skyline Ventures India Limited Appoints Kanukollu Janaki Rama Lakshmana Rao as Company Secretary and Compliance Officer, Effective January 20, 2026 Skyline Ventures India Limited at the meeting held on 20 January 2026 approved the appointment of Mr. Kanukollu Janaki Rama Lakshmana Rao (M.No:A33703) as the Company Secretary and Compliance Officer of the Company with immediate effect. The appointment was made pursuant to Section 203 and all other relevant provisions of Companies Act, 2013 and SEBI Listing Regulations. Mr. Kanukollu Janaki Rama Lakshmana Rao is an accomplished Legal and Compliance Counsel with over 25+ years of expertise in contract law, regulatory compliance, vendor negotiations, and corporate governance. He is specialized in international laws, contract law and gained experience in various cross border assignments. He is adept at supporting cross-border legal operations, drafting and reviewing commercial contracts, and advising executive leadership on legal risks, performance disputes, and compliance strategies. He has strong exposure to SEBI, RBI-FEMA, Companies Act, and other regulatory frameworks. He has proven success across pre-IPO, listed, and multinational entities. He set up end to end operations/statutory/FEMA compliances of a BPO company in India which is a subsidiary to Belgium (Corsendonk BV) based company. He set up a subsidiary company in Ethiopia for Jeevan Polymers Pvt Ltd. The effective date of appointment is January 20, 2026. Announcement • Jan 19
Skyline Ventures India Limited Announces Reconstitution of Committee, Effective from January 19, 2026 Skyline Ventures India Limited at its meeting held on January 19, 2026 approved the the reconstitution of the Committees of the Board with effect from January 19, 2026. The Audit Committee shall comprise of Mr. Madhu Mohan Avalur as Member, Non-Executive Director. The Nomination and Remuneration Committee shall comprise Mr. Venkata Satya Subrahmanyam Mukkavalli as Member, Non-Executive Director. The Stakeholders Relationship Committee shall comprise Mr. Venkata Satya Subrahmanyam Mukkavalli as Chairman, Non-Executive Director. Announcement • Dec 20
Skyline Ventures India Limited Announces Resignation of Nikshit Hemendra Shah as Independent Director , Effective December 19, 2025 Skyline Ventures India Limited announced that Mr. Nikshit Hemendra Shah (DIN: 07910462) has tendered his resignation as Director (Independent) of Skyline Ventures India Limited with effect from December 19, 2025 due to conflicts between management and shareholders. These unwanted conflicts and pressures have impaired smooth functioning of Board in recent times. Announcement • Dec 09
Skyline Ventures India Limited Announces Board Changes Skyline Ventures India Limited announced removal of Ms. Hannah Priyadarshini (DIN: 10103528) as a director, Mr. Anil (DIN: 09331597) as a director of the company and Removal of Ms. Asha Mitta (DIN: 09195662) as a director of the company. Announcement • Aug 12
Skyline Ventures India Limited to Report Q1, 2026 Results on Aug 13, 2025 Skyline Ventures India Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Announcement • Jun 18
Skyline Ventures India Limited (BSE:538919) signed a letter of intent to acquire Commonwealth Inclusive Growth Services Limited. Skyline Ventures India Limited (BSE:538919) signed a letter of intent to acquire Commonwealth Inclusive Growth Services Limited on June 18, 2025. Srilekha Donthineni has been appointed as a company secretary and compliance officer of Skyline Ventures India Limited.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
Mulla & Mulla & Craigie Blunt & Caroe acted as legal and financial due diligence provider for Skyline Ventures India Limited. New Risk • May 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹689k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹689k free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹87.3m market cap, or US$1.02m). Announcement • Apr 30
Skyline Ventures India Limited to Report Q4, 2025 Results on May 08, 2025 Skyline Ventures India Limited announced that they will report Q4, 2025 results on May 08, 2025 Announcement • Mar 18
Skyline Ventures India Limited Announces Resignation of CS Krishna Mohan Reddy Gorantampalli as Company Secretary & Compliance Officer, Effective March 31, 2025 Skyline Ventures India Limited announced the resignation of CS Krishna Mohan Reddy Gorantampalli as Company Secretary & Compliance Officer, effective March 31, 2025. Reason: to pursue career opportunity outside the company. Announcement • Jan 20
Skyline Ventures India Limited to Report Q3, 2025 Results on Jan 30, 2025 Skyline Ventures India Limited announced that they will report Q3, 2025 results on Jan 30, 2025 New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹113.2m market cap, or US$1.32m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Nov 05
Skyline Ventures India Limited to Report Q2, 2025 Results on Nov 13, 2024 Skyline Ventures India Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Aug 09
Skyline Ventures India Limited, Annual General Meeting, Sep 30, 2024 Skyline Ventures India Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time. Board Change • Aug 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Director Prashanth Mitta is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 30
Skyline Ventures India Limited to Report Q1, 2025 Results on Aug 08, 2024 Skyline Ventures India Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Announcement • Jul 18
Skyline Ventures India Limited Announces Board and Committee Changes Skyline Ventures India Limited announced Change in designation of Mr. Prashanth Mitta from Whole-time Director to Non-executive Director upon his request not to continue as Whole-time Director but to be continued as Non-executive Director with effect from July 17, 2024. Mr. Prashanth Mitta has overall 23 years of experience in operational activities setting strategic goals, reflecting the steady growth of the organization's strong offshore facility, enhancing customer satisfaction. Prashanth is also responsible for building the efficiency of business procedures aligning the same with organizational objectives and managing the procurement process, resource allocation, budgets to promote profitability and customer support processes. Prashanth holds the master's degree in business administration (MBA) from MIM New Delhi, spent over a decade advancing through a series of Leadership positions. Gained significant global experience by heading operations and Business Development for Two Firms and has led multiple outsourcing Programs and running P & L accounts. Prashanth is an excellent organizational leader with outstanding people skills, in depth knowledge of diverse business functions and principles processes and customer service sectors. Specialties: Operations, Human Resource Management and Business Development. Resignation of Mr. Naga Visweswara Rao Lakkimsetti from the position of Whole-time Director of the Company with effect from July 17, 2024. Resignation of Mrs. Srivenkata Laxmi Padmaja Lakkimsetti from the position of None-executive Director of the Company with effect from July 17, 2024. The Audit Committee of the company was reconstituted with effect from July 17, 2024. The new composition includes Mr. Ajay Kumar Giri as the Chairman, who is an Independent Director. The committee also has Mr. Nikshit Hemendra Shah as a Member, serving in the capacity of an Independent Director, and Mrs. Asha Mitta as a Member, who holds the position of Managing Director. The Nomination and Remuneration Committee of the company was reconstituted with effect from July 17, 2024. The new composition includes Mr. Nikshit Hemendra Shah as the Chairman, who is an Independent Director. The committee also has Mr. Ajay Kumar Giri as a Member, serving in the capacity of an Independent Director, and Mr. Prashanth Mitta as a Member, who is a Non-executive Director. The Stakeholders Relationship Committee of the company was reconstituted with effect from July 17, 2024. The new composition includes Mr. Ajay Kumar Giri as the Chairman, who is an Independent Director. The committee also has Mr. Nikshit Hemendra Shah as a Member, serving in the capacity of an Independent Director, and Mr. Prashanth Mitta as a Member, who is a Non-executive Director. Board Change • Jun 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ajay Giri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 