AION-TECH SOLUTIONS: Board Approves Q3 FY26 Results, Appoints New CEO & Director, Invests ₹8 Crore
AION-TECH SOLUTIONS approved Q3 FY26 results. Mr. Biju Mathews appointed CEO & KMP, Dr. Karthik Sanjay Ponnapula appointed Additional Director. Company approved investments of ₹5 crore in Rogit Greenfleet Digital Solutions and ₹3 crore in GTL Aion IT Solutions LLC. Corporate guarantee issued for ETO Motors.
The appointments of a new CEO and Director, along with significant investments in subsidiaries, are material events that can impact the company's future operations and strategic direction.
The company announced positive financial results, key leadership appointments, and strategic investments in subsidiaries, indicating growth and strategic direction.
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, along with the Limited Review Report.
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, subject to member approval. Dr. Karthik Sanjay Ponnapula was appointed as an Additional Director (Non-Independent and Non-Executive) also effective February 11, 2026.
The Board also approved further investment in its Wholly Owned Subsidiary, Rogit Greenfleet Digital Solutions Private Limited, up to ₹5 crore. Additionally, an investment equivalent to ₹3 crore was approved for GTL Aion IT Solutions LLC, the company's subsidiary in Dubai, through equity or debt. Furthermore, a corporate guarantee was approved in favor of ICICI Bank for a loan to be availed by 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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