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.

Aion-Tech Solutions Limited has submitted comprehensive postal ballot results and scrutinizer's report to the National Stock Exchange of India Limited and BSE Limited on March 17, 2026. The company successfully completed its remote e-voting process on March 16, 2026, with shareholders approving all three proposed leadership appointments through the postal ballot notice dated February 11, 2026.

Official Regulatory Submission

The company formally disclosed the postal ballot results under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Adalat Srikanth digitally signed and submitted the comprehensive documentation to both stock exchanges, with the company trading under scrip codes GOLDTECH on NSE and 531439 on BSE.

Approved Leadership Appointments

Shareholders approved all three key leadership appointments presented in the postal ballot:

Comprehensive Voting Results

The postal ballot witnessed significant shareholder participation with detailed voting patterns across different categories:

Key Appointee Profiles and Details

Dr. Karthik Sanjay Ponnepula brings expertise in the electric vehicle industry and sustainability initiatives, holding 11,22,000 equity shares in the company. Mr. Biju Mathews, appointed as President & CEO for a two-year term, brings extensive experience in technology and analytics businesses across enterprise software and EV mobility solutions. Mr. Chanakya Bellam Radha Krishna, with over two decades of cross-functional experience, currently serves as President, Strategy & Corporate Development at Trinity Infraventures Limited, the parent company of Aion-Tech Solutions Limited.

Regulatory Compliance and Documentation

CS Navajyoth Puttaparthi from Puttaparthi Jagannatham & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report dated March 17, 2026, confirmed that all resolutions were passed with requisite majority in compliance with the Companies Act, 2013, and SEBI (LODR) Regulations, 2015. All appointees are confirmed as not being debarred from holding their respective positions by any SEBI order or other regulatory authority.

The remote e-voting facility was provided through Central Depository Services (India) Limited (CDSL) platform, with the voting period running from February 15, 2026, at 9:00 A.M. IST to March 16, 2026, at 5:00 P.M. IST. The votes were unblocked on March 16, 2026, at 05:39 P.M. in the presence of independent witnesses Mrs. B S K Bhavani and Mr. Krishna Charan M.