Skyline Ventures India Limited Approves Acquisition of SPVO Two Point O Ventures Tech Private Limited
Skyline Ventures India Limited's board meeting on March 11, 2026, approved the acquisition of SPVO Two Point O Ventures Tech Private Limited for ₹1,00,000, making it a wholly owned subsidiary with potential future investments up to ₹3,96,66,680. The board also approved postal ballot matters including increasing borrowing powers to ₹23,96,66,680 and appointed CS B. Venka Reddy as scrutinizer. The company cited operational challenges including inactive GST and compliance issues as reasons for the strategic subsidiary approach.
