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.
Skyline Ventures India Limited Approves Acquisition of SPVO Two Point O Ventures Tech Private Limited