Aurionpro Solutions Limited , a leading technology solutions provider, has successfully raised Rs 200.00 crores through a preferential share allotment to five non-promoter investors. The company issued 9,02,935 equity shares at a price of Rs 2,215.00 per share, with each share having a face value of Rs 10.00 and a premium of Rs 2,205.00.

Investor Allocation

The shares were allocated to the following investors:

Allotment Details

The allotment was completed on March 28, 2024, with the newly issued shares carrying equal rights as the existing equity shares of the company. Post-allotment, the investors' shareholding percentages range from 0.68% to 2.71% of Aurionpro Solutions' paid-up equity share capital.

Company's Growth Strategy

This significant capital raise through preferential allotment demonstrates Aurionpro Solutions' ability to attract substantial investments from institutional and individual investors. The funds raised are likely to support the company's growth initiatives and strengthen its financial position in the competitive technology solutions market.

Recent Corporate Activities

Aurionpro Solutions has been actively pursuing strategic growth opportunities. According to a recent corporate announcement, the company's Board of Directors approved the issuance of equity shares on a preferential basis for consideration other than cash, as part of an acquisition strategy. This involved the proposed acquisition of a 17.34% stake in InfrariskSG Pte Ltd, a Singapore/Melbourne-based fintech company.

The technology solutions provider continues to demonstrate its commitment to expansion and value creation for its shareholders through strategic financial moves and acquisitions in the fintech space.

Aurionpro Solutions Limited, a leading enterprise technology company, has announced a significant partnership with DFCC Bank PLC, a prominent Sri Lankan banking institution, to spearhead artificial intelligence (AI) initiatives in the banking sector. This collaboration marks a pivotal step in revolutionizing digital banking experiences through the implementation of cutting-edge AI technologies.

Strategic AI Collaboration

The partnership focuses on the development and implementation of Predictive AI and Generative AI (Gen AI) use cases. This strategic alliance aims to enhance DFCC Bank's digital capabilities and strengthen its competitive edge in the rapidly evolving financial services landscape.

Transforming Banking Operations

Aurionpro's expertise in advanced technologies will be leveraged to develop scalable and customized AI-driven solutions for DFCC Bank. The collaboration is set to reshape banking operations, elevate customer engagement, and enable data-driven decision-making processes.

Leadership Perspectives

Deekshith Marla, Co-founder of Arya.ai – an Aurionpro Company, expressed enthusiasm about the partnership, stating, "We are delighted to partner with DFCC Bank as they embark on an AI-led transformation. Our combined strengths will enable the delivery of intelligent and impactful solutions that align with the Bank's vision for the future of financial services."

Thimal Perera, CEO of DFCC Bank PLC, emphasized the customer-centric approach of this initiative, saying, "We see artificial intelligence as a means to bring us closer to our customers. As we integrate AI across our operations, the purpose is clear - to reduce friction, sharpen our service delivery, and create banking experiences that feel intuitive, relevant, and human in an increasingly digital world."

Long-term Commitment to Innovation

This partnership underscores Aurionpro's position as a trusted innovation partner in the global Banking, Financial Services, and Insurance (BFSI) sector. It demonstrates the company's commitment to expanding its AI-led innovation capabilities and leveraging its growing portfolio of enterprise AI solutions.

About the Companies

Aurionpro Solutions Ltd. is a global enterprise technology leader known for its intuitive-tech and deep-tech IPs. With a strong presence across various sectors including Banking, Payments, Mobility, and Insurance, Aurionpro continues to set new benchmarks in AI innovation and impact.

DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange, is a leading financial institution in Sri Lanka. Rated A (lka) by Fitch Ratings, the bank offers a comprehensive range of banking services and is committed to sustainable finance and renewable energy initiatives.

This strategic collaboration between Aurionpro Solutions and DFCC Bank represents a significant step towards the future of AI-driven banking, promising to deliver enhanced digital experiences and operational efficiencies in the financial sector.