Aion Tech Solutions Converts Rs. 8 Crore Loan to Equity in ETO Motors, Adjusting Stake

1 min read     Updated on 11 Nov 2025, 01:34 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Aion Tech Solutions has converted an Rs. 8 crore loan into equity shares of its subsidiary, ETO Motors Private Limited, through a rights issue. ETO Motors allotted 7,32,608 equity shares to Aion Tech Solutions at Rs. 110 per share on November 10, 2025. This transaction adjusted Aion Tech Solutions' ownership stake in ETO Motors from 58.50% to 56.29%, while increasing its total number of shares. ETO Motors, operating in the Electric Mobility and Energy as a Service sectors, has shown consistent growth with its turnover increasing from Rs. 1,650.86 lakhs in FY 2022-23 to Rs. 3,043.25 lakhs in FY 2024-25.

24350683

*this image is generated using AI for illustrative purposes only.

Aion Tech Solutions Limited, a key player in the technology sector, has made a strategic move by converting an Rs. 8 crore loan into equity shares of its subsidiary, ETO Motors Private Limited. This transaction, structured as a rights issue, has resulted in a slight adjustment to Aion Tech Solutions' ownership stake in ETO Motors.

Transaction Details

On November 10, 2025, ETO Motors allotted 7,32,608 equity shares to Aion Tech Solutions. The shares were issued at a face value of Rs. 10 with a premium of Rs. 100 per share, bringing the total consideration to Rs. 8,05,86,880. This move effectively converted the Rs. 8 crore loan provided by Aion Tech Solutions to ETO Motors during the fiscal year 2024-25 into equity.

Stake Adjustment

Following this transaction, Aion Tech Solutions' shareholding in ETO Motors has been adjusted:

Aspect Before Allotment After Allotment
Shareholding Percentage 58.50% 56.29%
Number of Shares Not specified Increased

It's noteworthy that while the percentage of ownership has decreased slightly, the absolute number of shares held by Aion Tech Solutions in ETO Motors has increased.

About ETO Motors

ETO Motors Private Limited, incorporated on September 20, 2018, operates in the Electric Mobility as a Service (eMaaS) and Energy as a Service (EaaS) sectors. The company focuses on providing environmentally friendly electric mobility and related energy/charging solutions. ETO Motors serves major e-commerce companies and has shown consistent growth in recent years.

Here's a snapshot of ETO Motors' financial performance:

Financial Year Turnover (in Rs. Lakhs)
FY 2024-25 3,043.25
FY 2023-24 2,246.29
FY 2022-23 1,650.86

Impact and Outlook

This strategic move by Aion Tech Solutions demonstrates its continued commitment to its subsidiary, ETO Motors. By converting the loan to equity, Aion Tech Solutions has strengthened ETO Motors' balance sheet without any actual outflow of funds. This could potentially enhance ETO Motors' ability to capitalize on the growing demand for electric mobility and energy services in India.

As the electric mobility sector continues to evolve, such strategic financial maneuvers may play a crucial role in positioning companies for future growth and market opportunities.

Historical Stock Returns for Aion Tech Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-4.72%-3.85%-22.08%-22.67%+518.67%
Aion Tech Solutions
View in Depthredirect
like17
dislike

AION-TECH SOLUTIONS LIMITED Engages Dharma Media Consultants for PR Services

1 min read     Updated on 23 Sept 2025, 04:40 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

Aion Tech Solutions, formerly Goldstone Technologies, has partnered with Dharma Media Consultants for comprehensive PR and media services. The agreement covers strategic planning, media engagement, event participation, and press release management for Aion and its subsidiaries. Dharma Media holds no shares in Aion and is not related to its promoter group. The partnership can be terminated with one month's notice or immediately by Aion in case of material breach.

20171437

*this image is generated using AI for illustrative purposes only.

Aion Tech Solutions , formerly known as Goldstone Technologies Limited, has announced a strategic partnership with Dharma Media Consultants to enhance its public relations and media presence. The company, listed on both the National Stock Exchange of India (NSE) and BSE Limited, disclosed this development in a regulatory filing.

Partnership Details

Aion Tech Solutions has entered into an agreement with Dharma Media Consultants for comprehensive public relations and media advisory services. The scope of services includes:

  • Strategic planning and counsel
  • Media engagement
  • Organizing participation in events and seminars
  • Press release management
  • Facilitating media interactions

This partnership extends to Aion Tech Solutions and its subsidiaries, signaling a company-wide approach to strengthening its media presence and public relations efforts.

Key Points of the Agreement

  • Shareholding: Dharma Media Consultants holds no shares in Aion Tech Solutions.
  • Related Party: The media agency is not related to the promoter or promoter group of Aion Tech Solutions.
  • Agreement Terms: Either party can terminate the agreement with one month's written notice. However, Aion Tech Solutions reserves the right to terminate the agreement immediately in case of a material breach by Dharma Media Consultants.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The filing also adheres to the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which mandates detailed disclosures for such agreements.

Company Background

Aion Tech Solutions Limited is headquartered in Hyderabad, Telangana. The company's move to engage a professional media agency suggests a focus on enhancing its market communication and investor relations strategies.

This partnership with Dharma Media Consultants marks a significant step for Aion Tech Solutions in strengthening its media outreach and public relations capabilities, potentially leading to improved visibility and stakeholder communication in the technology sector.

Historical Stock Returns for Aion Tech Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-4.72%-3.85%-22.08%-22.67%+518.67%
Aion Tech Solutions
View in Depthredirect
like17
dislike
More News on Aion Tech Solutions
Explore Other Articles
55.68
+0.14
(+0.25%)