Aion-Tech Solutions Limited has issued a postal ballot notice to shareholders seeking approval for the designation change of Mr. Chanakya Bellam Radha Krishna as Wholetime Director, following the board's earlier decision in March 2026. The company has initiated the formal shareholder approval process through e-voting, marking the next phase in its leadership restructuring.

Postal Ballot Process and Timeline

The company sent the postal ballot notice on March 31, 2026, to shareholders whose names appeared in the register as of the cut-off date of March 27, 2026. Aion-Tech Solutions has engaged Central Depository Services (India) Limited (CDSL) to provide remote e-voting facility to shareholders.

Director Designation Change Details

The special resolution seeks shareholder approval for Mr. Chanakya Bellam Radha Krishna's appointment as Wholetime Director for three years, effective May 1, 2026. The board had initially approved this change during its March 25, 2026 meeting, subject to member approval.

Leadership Background and Executive Changes

Mr. Chanakya brings over two decades of cross-functional experience in corporate strategy, marketing, fundraising, and business development. Currently serving as President, Strategy & Corporate Development at Trinity Infraventures Limited, the parent company, he has advised organizations from start-ups to listed enterprises on growth strategy and operational excellence.

This leadership change follows the recent resignation of Mr. Seetepalli Venkat Raghunand as Executive Director, effective April 24, 2026, after 13 years of service with the organization. The board accepted his resignation citing other commitments and personal reasons.

Regulatory Compliance and Voting Process

The postal ballot process complies with Section 110 read with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice has been sent only through electronic mode to shareholders with registered email addresses.

Shareholders can access the e-voting facility through their demat accounts or the CDSL platform at www.evotingindia.com . The resolution, if approved by requisite majority, will be deemed passed on May 4, 2026, the last date for e-voting.

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.