Aurionpro Solutions Limited has confirmed that the issue price for its proposed preferential allotment of equity shares remains unchanged at ₹1,454.30 per share, despite a revision in the valuation methodology. This development comes after the stock exchanges advised the company to incorporate an additional valuation method during their review of the preferential issue proposal.

Revised Valuation Methodology

The company, in response to the stock exchanges' advice, obtained an addendum to its original valuation report. This addendum includes the Price Earning Capacity Value (PECV) Method, which was added to the existing valuation methodologies. Despite this additional consideration, Aurionpro Solutions reported that the valuation of its equity shares remained unaffected.

Preferential Issue Details

The preferential issue, which requires shareholder approval, involves offering, issuing, and allotting equity shares for consideration other than cash. This agenda item was included in the notice for the company's 28th Annual General Meeting (AGM).

Financial Position

While the news primarily focuses on the preferential issue valuation, it's worth noting Aurionpro Solutions' recent financial performance. Based on the latest available consolidated balance sheet data:

The company has shown significant growth across key financial metrics, with total assets increasing by 39.52% and shareholders' capital growing by 61.66% compared to the previous year.

Transparency and Compliance

Aurionpro Solutions' decision to obtain a revised valuation report demonstrates its commitment to transparency and regulatory compliance. The company has made both the original Valuation Report and the Addendum available on its website, allowing shareholders and potential investors to review the details.

As the preferential issue moves forward, shareholders will have the opportunity to vote on the proposal with the assurance that the issue price remains stable at ₹1,454.30 per equity share, despite the additional valuation method considered.

Aurionpro Solutions ' research lab, LexsiLabs, has made a significant leap in the field of artificial intelligence with the launch of Orion-MSP, a cutting-edge tabular foundation model designed for enterprise-scale structured data predictions. This development marks a notable advancement in AI technology for businesses dealing with large volumes of structured data.

Key Features of Orion-MSP

Orion-MSP stands out with its innovative approach to handling enterprise data:

• Multi-scale processing: Enhances the model's ability to understand and process complex data structures.
• Block-sparse row-wise attention: Improves efficiency in handling large datasets.
• Zero-shot predictions: Capable of making accurate predictions on enterprise data without prior training on specific datasets.

Target Industries

The model is particularly aimed at sectors generating substantial structured data:

• Banking
• Insurance
• Healthcare

These industries stand to benefit from Orion-MSP's ability to process and analyze transactions, customer records, and sensor telemetry efficiently.

Open-Source Initiatives

Alongside Orion-MSP, LexsiLabs has also released TabTune, an open-source library for fine-tuning tabular foundation models. Both Orion-MSP and TabTune are released under the MIT license, promoting accessibility and collaboration in the AI community.

Availability

For those interested in exploring these new tools:

• Orion-MSP is available on HuggingFace
• TabTune can be accessed on GitHub

About LexsiLabs

LexsiLabs, the research arm of Aurionpro Solutions, operates from multiple global locations:

• Mumbai
• Paris
• London

The lab's focus extends beyond model development, encompassing crucial areas of AI research including alignment and interpretability.

This launch by LexsiLabs represents a significant step forward in making advanced AI capabilities more accessible to enterprises, potentially revolutionizing how businesses handle and derive insights from their structured data.