Silverline Technologies completes restructuring process

Silverline Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on September 19, 2006 has reviewed the completion of the restructuring process which has been successfully completed and the Board thanked M/s. firstcall Equity India Pvt Ltd., India for having stood with the Company during the testing times and for having structured the One Time Settlement for and on behalf of the Company with the institutions. And took the same on record.

Due to paucity of time The Board of Directors decided that they would again meet on September 21, 2006 to review future growth opportunities, strategies.q

Source : Equity Bulls

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