Aion-Tech Solutions Limited announced significant leadership changes following its Board of Directors meeting held on March 25, 2026. The board approved key personnel decisions that will reshape the company's executive structure in the coming months, as communicated to NSE and BSE through official regulatory filings under Regulation 30 of SEBI (Listing Obligation and Disclosure Regulations), 2015.

Leadership Designation Change

The board approved the re-designation of Mr. Chanakya Bellam Radha Krishna as Whole-time Director, effective May 01, 2026. This change, recommended by the Nomination and Remuneration Committee, remains subject to member approval.

Chanakya brings over two decades of cross-functional experience spanning corporate strategy, marketing, fundraising, business development, and consulting. As a Postgraduate in Business Administration, he has built a distinguished career advising organizations from emerging start-ups to listed enterprises on growth strategy, operational excellence, and sustainable scalability.

Currently serving as President, Strategy & Corporate Development at Trinity Infraventures Limited, the parent company of Aion-Tech Solutions Limited, Chanakya plays a pivotal role in shaping long-term business strategy, forging strategic partnerships, and driving growth initiatives across technology and infrastructure domains. Earlier in his career, he held leadership roles in several reputed organizations, including Indian listed entities, where he led mandates in business optimization, financial oversight, fund raising and performance transformation.

Executive Director Resignation

The board accepted the resignation of Mr. Seetepalli Venkat Raghunand as Executive Director and Director of the company, effective from the close of business hours on April 24, 2026.

In his resignation letter dated March 25, 2026, Mr. Raghunand expressed gratitude for his 13-year journey with the organization, stating it had been "a truly meaningful journey serving the organization." He confirmed there are no material reasons for his resignation beyond those stated and committed to ensuring a smooth transition of responsibilities over the coming weeks.

Regulatory Compliance

The board meeting, which started at 05.00 p.m. and concluded at 6:00 p.m., was conducted in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Regulations), 2015. All required disclosures have been made as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The company has confirmed that Mr. Chanakya is not debarred from holding the office of director by virtue of any SEBI order or any other authority, as required under BSE and NSE circular requirements dated June 20, 2018. The official communication was signed by Adalat Srikanth, Company Secretary & Compliance Officer.

Antarctica FEV OPCO Limited has filed a formal disclosure under SEBI regulations for the acquisition of a significant stake in Aion-Tech Solutions Limited through an off-market transfer. The transaction, completed on March 24, 2026, involved the acquisition of 33,54,942 equity shares representing 6.41% of the target company's total share capital.

Transaction Overview

The acquisition was executed through an inter-se transfer mechanism, with Antarctica FEV OPCO Limited establishing its position as a new stakeholder in Aion-Tech Solutions. The company filed the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern Changes

Prior to this transaction, Antarctica FEV OPCO Limited held no shares in Aion-Tech Solutions. Post-acquisition, the company now holds 33,54,942 shares, constituting 6.41% of the total equity. The acquirer does not belong to the promoter or promoter group of the target company.

Regulatory Compliance and Documentation

Aion-Tech Solutions Limited maintains its equity share capital structure of ₹52,26,18,360 divided into 5,22,61,836 equity shares of ₹10 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited with scrip codes 531439 and GOLDTECH respectively.

Corporate Communication

The disclosure was signed by Johann Young, Director of Antarctica FEV OPCO Limited, from Malaysia. The formal disclosure was submitted to both stock exchanges and the target company as per regulatory requirements. Communications were sent to BSE Limited, National Stock Exchange of India Limited, and Aion-Tech Solutions Limited at their registered addresses.

The acquisition represents a strategic investment by Antarctica FEV OPCO Limited in the technology solutions sector, establishing the company as a significant minority stakeholder in Aion-Tech Solutions Limited.