Aion-Tech Solutions Limited shareholders approved the adoption of standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026, with 99.99% of valid votes cast in favour. The resolution was passed during the company's 32nd Annual General Meeting held on September 28, 2026.

The meeting was conducted via video conferencing in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Deepankar Tiwari, Independent Director and Chairman of the Board, chaired the session. The proceedings were scrutinized by Puttaparthi Jagannatham & Co, Practicing Company Secretaries, Hyderabad.

Voting Results on Financial Statements

The ordinary resolution to receive, consider, and adopt the audited financial statements received overwhelming support from both promoter and public shareholders. A total of 28,903,035 valid votes were cast, with only 702 votes recorded against the resolution.

Promoter and promoter group shareholders voted unanimously in favour, casting 27,290,475 votes. Public non-institutional shareholders also largely supported the resolution, with 1,611,858 votes in favour and 702 against.

Director Re-appointment Outcome

The second ordinary resolution concerned the re-appointment of Mr. Lam Paul Sashikumar as a Director liable to retire by rotation. This resolution was also passed with the requisite majority, securing 99.94% of the valid votes cast.

While promoters voted unanimously in favour, public non-institutional shareholders showed slightly more dissent, with 17,402 votes cast against the re-appointment compared to 1,595,158 in favour.

Operational Update and Governance

Mr. Chanakya Bellam Radha Krishna, Wholetime Director, appraised members on the company's operational and financial performance for FY26. He discussed the macro-economic environment and key trends in the Analytics and Business Intelligence segments, outlining future growth plans.

The Statutory Auditor's Report was taken as read, noting no qualifications or adverse observations regarding the company's financial transactions or functioning. The Secretarial Audit Report was also presented without objection.

Attendance and Voting Process

The e-voting facility, managed by Central Depository Services (India) Limited, remained open from September 24, 2026, to September 27, 2026. Additional voting opportunities were provided during the AGM for members who had not cast their votes earlier. The meeting concluded at 5:35 pm after a 15-minute window for final voting. The consolidated Scrutinizer's Report confirmed that all resolutions were duly approved through remote e-voting and electronic voting at the AGM.

Aion-Tech Solutions Limited made a further equity investment of ₹65 lakh in its wholly owned subsidiary, Roqit Greenfleet Digital Solutions Private Limited , on September 10, 2026. The capital infusion supports the development of technology for zero-emission fleets in electric vehicle and hydrogen mobility.

The company allotted 6,50,000 equity shares at a face value of ₹10 each to Aion-Tech through a rights issue. This transaction was approved by the board during its meeting held on February 11, 2026. The subsidiary utilized the funds to meet operational and product development expenses.

Investment Details

With this latest infusion, the total cumulative investment by Aion-Tech in Roqit stands at ₹11,05,10,000. The listed entity retains 100% ownership of the subsidiary. No other promoter, promoter group, or group company holds any interest in Roqit.

Subsidiary Performance

Roqit, incorporated in December 2024, focuses on modular architecture for fleet and asset management. The entity has completed pilot and proof-of-concept engagements and is working towards commercializing these solutions.

While the subsidiary generated no turnover as on March 31, 2025, it reported revenue of ₹18,71,949 for the financial year ending March 31, 2026. The company stated that several core modules are ready for deployment while additional modules remain under accelerated development.

What the Numbers Show

The subsidiary generated revenue of ₹18,71,949 in FY26 despite receiving cumulative capital support exceeding ₹11 crore. This indicates that commercialization efforts are in early stages, with revenue generation significantly lagging behind equity infusion during the initial operational period.