Aion-Tech Solutions Appoints New CEO & Invests ₹8 Crore in Subsidiaries
Aion-Tech Solutions approved Q3 FY26 financial results. Mr. Biju Mathews appointed CEO & KMP, and Dr. Karthik Sanjay Ponnapula appointed Additional Director. The company approved investments of ₹5 crore in Rogit Greenfleet Digital Solutions and ₹3 crore in GTL Aion IT Solutions LLC. A corporate guarantee of ₹5 crore was approved for ETO Motors.
The appointment of a new CEO and significant investments in subsidiaries can have a medium-term impact on the company's strategic direction and growth. The financial results are routine for a quarterly update.
The company has announced positive developments including financial results, key management appointments, and strategic investments in subsidiaries, which are generally viewed positively by the market.
AION-TECH SOLUTIONS LIMITED (formerly Goldstone Technologies Limited) announced the outcome of its Board Meeting held on February 11, 2026. The Board approved the Standalone and Consolidated Un-Audited Financial Results for the third quarter ended December 31, 2025.
Key appointments were made: Mr. Biju Mathews was appointed as President and Chief Executive Officer and Wholetime Key Managerial Personnel (KMP) effective February 11, 2026, for a term of two years, subject to member approval. Dr. Karthik Sanjay Ponnapula was appointed as an Additional Director in the capacity of Non-Independent and Non-Executive Director, also effective February 11, 2026.
The company also approved further investments in its subsidiaries. An investment of up to ₹5 crore (Rupees Five Crore only) was approved for Rogit Greenfleet Digital Solutions Private Limited. Additionally, an investment equivalent to INR 3 crore (Rupees Three Crore only) was approved for GTL Aion IT Solutions LLC in Dubai, by way of equity or debt. The Board also approved providing a corporate guarantee in favour of ICICI Bank for an overdraft facility of ₹5 crore sanctioned to ETO Motors Private Limited, a subsidiary.
The Board Meeting commenced at 5:00 p.m. and concluded at 5:45 p.m.
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