Aeonx Digital Technology Limited , formerly known as Ashok Alco-Chem Limited, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's Board of Directors approved these results on November 11, 2025, revealing a mixed financial performance with notable growth in certain areas.

Financial Highlights

All figures in lakhs

Key Developments

1. Revenue Growth: On a standalone basis, Aeonx Digital Technology reported a quarter-on-quarter increase in revenue from operations, rising from ₹97.77 lakhs in the previous quarter to ₹103.32 lakhs in Q2 FY2026.

2. Consolidated Performance: The consolidated revenue from operations stood at ₹1,052.52 lakhs for the quarter, significantly higher than the standalone figure, indicating substantial contributions from subsidiaries or group companies.

3. Profitability: The company recorded a profit before tax of ₹8.47 lakhs on a standalone basis and ₹55.47 lakhs on a consolidated basis for the quarter.

4. Asset Base: As of September 30, 2025, Aeonx Digital Technology's total assets were reported at ₹8,948.75 lakhs on a standalone basis and ₹9,378.27 lakhs on a consolidated basis.

5. Warrant Allotment: In September 2025, the Board allotted 2,41,000 convertible warrants to promoter member M/s Aura Alkalies and Chemicals Private Limited.

6. Business Segment Focus: The company has identified Information Technology as its primary reportable segment.

Management Actions

The Board of Directors took several key actions during their meeting:

1. Approved the unaudited standalone and consolidated financial results for Q2 and H1 FY2026.
2. Reviewed and accepted the Limited Review Reports on the unaudited financial results, as provided by the statutory auditors, M/s. R A Kuvadia & Co.

The board meeting, which commenced at 1:00 PM on November 11, 2025, concluded at 4:10 PM.

Outlook

Aeonx Digital Technology has shown growth in its standalone revenue and maintained profitability. The significant difference between standalone and consolidated figures suggests that the company's subsidiaries or group entities play a crucial role in its overall financial performance. The focus on Information Technology as the primary business segment may indicate the company's direction for future growth and development.

Aeonx Digital Technology Ltd. has made significant corporate moves, including the allotment of convertible warrants to a promoter company and the announcement of a key executive departure.

Warrant Allotment to Promoter

The Board of Directors of Aeonx Digital Technology has allotted 2,41,000 convertible warrants to its promoter company, Aura Alkalies and Chemicals Private Limited. This decision was made in accordance with a shareholders resolution passed through postal ballot. Key details of the allotment include:

• Number of warrants: 2,41,000
• Price per warrant: Rs. 162.85
• Conversion: Warrants are convertible into equity shares of Rs. 10 each
• Conversion terms: Convertible in one or more tranches

The allotment was made following the provisions of SEBI (ICDR) Regulations, 2018, as disclosed in the company's filing.

CFO Resignation

In a separate development, Aeonx Digital Technology announced the resignation of its Chief Financial Officer (CFO), Mr. Mahendra Rane. The key points regarding this change are:

• Effective date of resignation: September 30, 2025
• Reason for departure: Personal reasons and pursuit of other opportunities

The company acknowledged Mr. Rane's contributions, stating that it "places on record its appreciation for the services rendered by him during his tenure as designated."

Corporate Governance

The company's disclosure of these events aligns with the requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting where these decisions were made was held on September 15, 2025, starting at 4:15 PM and concluding at 5:15 PM.

These corporate actions reflect significant changes in Aeonx Digital Technology's capital structure and executive leadership, which may be of interest to investors and market observers tracking the company's developments.