Aion-Tech Solutions logo

Aion-Tech Solutions MD, chairman, board of directors and AGM

NSE: GOLDTECHBSE: 531439IT - SoftwareSmall Cap

Formerly Goldstone Technologies
Last close ₹39.16down ₹0.79 (1.98%)BSE ₹38.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹39.95.

52-week range of traded prices to 23 Oct 2026
₹29.68Low, 30 Mar 2026₹70.00High, 3 Jul 2026
Market cap
₹205 Cr2,336th largest listed
P/E
Lossover the last 12 months
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
−0.8%
ROE without one-offs
−0.6%
ROCE
−1.3%
Debt to equity
0.23
Volume, NSE
9,636

Aion-Tech Solutions board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonDeepankar Tiwari
  • Company Secretary and Compliance OfficerADALAT SRIKANTH

7 directors3 independent1 executive3 non-executive

  • Deepa ChandraIndependent · joined Nov 2020 · reappointed Sep 2025 · 67 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Deepankar Tiwari · ChairpersonIndependent · joined Nov 2022 · reappointed Nov 2022 · 43 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Mounika PammiIndependent · joined Aug 2025 · reappointed Aug 2025 · 11 months as independent · 7 listed boards · 6 as independent · 10 committee seats, 3 as chair
  • Lam Paul SashikumarNon-executive · joined Oct 2007 · 1 listed board · 2 committee seats
  • Bernd Michael PerschkeNon-executive · joined Aug 2023 · reappointed Sep 2025 · 1 listed board
  • Chanakya Bellam Radha KrishnaExecutive · joined Nov 2025 · reappointed May 2026 · 1 listed board
  • Ponnapula Karthik SanjayNon-executive · joined Feb 2026 · reappointed Mar 2026 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Seetepalli Venkat Raghunand, left 24 Apr 2026: Others
  • Clinton Travis Caddell, left 12 Nov 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 Jun 20267 of 7 present3 independent · 27 days in between
    • 29 May 20265 of 7 present3 independent · 64 days in between
    • 25 Mar 20267 of 8 present3 independent · 41 days in between
    • 11 Feb 20266 of 7 present2 independent

  • Audit Committee

    Chair Deepankar Tiwari

    Deepa Chandra, Lam Paul Sashikumar, Mounika Pammi

    1 meeting of 3 without a quorum

    • 26 Jun 20264 of 4 present3 independent · 27 days in between
    • 29 May 20263 of 3 present2 independent · 106 days in between
    • 11 Feb 20262 of 3 present1 independent · quorum not met

  • Nomination and remuneration committee

    Chair Deepa Chandra

    Deepankar Tiwari, Lam Paul Sashikumar

    • 29 May 20263 of 3 present2 independent · 64 days in between
    • 25 Mar 20263 of 3 present2 independent · 41 days in between
    • 11 Feb 20262 of 3 present1 independent

  • Stakeholders Relationship Committee

    Chair Deepa Chandra

    Deepankar Tiwari, Lam Paul Sashikumar

    • 29 May 20263 of 3 present2 independent · 106 days in between
    • 11 Feb 20262 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • P MURALI & COPeer-review certificate valid to Nov 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Aion-Tech Solutions AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Aion-Tech Solutions dividend history

Annual general meeting, 28 Sep 2026

18,576 shareholders on the register on 21 Sep 2026; present: 2 promoters and 143 others; votes counted by Mr. Navajyoth Puttaparthi / M/s. Puttaparthi Jagannatham & Co.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2026, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2026, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 55.30% · promoters 99.58% · institutions 0.00% · other public 7.50%

  2. Re-appointment of Mr. Lam Paul Sashikumar (DIN: 00016679), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 55.30% · promoters 99.58% · institutions 0.00% · other public 7.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 4 May 2026, 1 resolution

18,260 shareholders on the register on 27 Mar 2026; votes counted by Prathap Satla / PRATHAP SATLA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. CHANGE IN DESIGNATION OF MR. CHANAKYA BELLAM RADHA KRISHNA AS WHOLETIME DIRECTOR OF THE COMPANY
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 54.83% · promoters 100.00% · institutions 0.00% · other public 5.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 16 Mar 2026, 3 resolutions

18,145 shareholders on the register on 6 Feb 2026; votes counted by Mr. Navajyoth Puttaparthi / Puttaparthi Jagannatham & Co.The company's voting result (opens in a new tab)

  1. Appointment of Dr. Karthik Sanjay Ponnapula (DIN: 08885958) as a Non Executive and Non Independent Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 59.04% · promoters 96.35% · institutions 0.00% · other public 5.66%

  2. Appointment of Mr. Biju Mathews as President And Chief Executive Officer of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 5.66%

  3. Appointment of Mr. Chanakya Bellam Radha Krishna (DIN: 02642002) as a Non Executive and Non Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 5.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 6 resolutions

17,596 shareholders on the register on 19 Sep 2025; present: 3 promoters and 92 others; votes counted by Mr. Navajyoth Puttaparthi / M/s. Puttaparthi Jagannatham & Co.The company's voting result (opens in a new tab)

  1. ADOPTION OF FINANCIAL STATEMENTS
    Ordinary
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

  2. TO APPOINT MR. BERND MICHAEL PERSCHKE (DIN: 10194539) AS DIRECTOR, LIABLE TO RETIRE BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE- APPOINTMENT
    Ordinary
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

  3. TO APPROVE ONETIME PAYMENT TO MR. SEETEPALLI VENKAT RAGHUNAND (DIN: 10267020), WHOLE-TIME DIRECTOR OF THE COMPANY
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

  4. APPOINTMENT OF MS. PAMMI MOUNIKA REDDY (DIN: 11111376) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY.
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

  5. RE-APPOINTMENT OF MS. DEEPA CHANDRA (DIN: 08952233) AS A NONEXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR SECOND TERM
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

  6. APPOINTMENT OF M/S. PRATHAP SATLA & ASSOCIATES, COMPANY SECRETARIES (MEMBERSHIP NO:F11086 & CP NO.11879) AS SECRETARIAL AUDITORS OF THE COMPANY.
    Ordinary
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 62.93% · promoters 100.00% · institutions 0.00% · other public 35.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 10 Mar 2025, 4 resolutions

17,099 shareholders on the register on 3 Mar 2025; present: 3 promoters and 41 others; votes counted by S Sarweswara Reddy / S S Reddy & Associates.The company's voting result (opens in a new tab)

  1. Increase in the Authorised Share Capital and Consequent Alteration of the Capital Clause in the Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 48.29% · promoters 81.03% · institutions 0.00% · other public 10.06%

  2. Approval of Related Party Transaction
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 4.63% · promoters 0.00% · institutions 0.00% · other public 10.06%

  3. To approve the overall limits u/s 186 for Investments by the company in ETO Motors Private Limited
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 48.29% · promoters 81.03% · institutions 0.00% · other public 10.06%

  4. PREFERENTIAL ISSUE UPTO 1,76,79,770 EQUITY SHARES ON SWAP BASIS FOR ACQUISITION OF EQUITY SHARES IN ETO MOTORS PRIVATE LIMITED
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 48.29% · promoters 81.03% · institutions 0.00% · other public 10.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2024, 3 resolutions

Present: 2 promoters and 127 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet (including the consolidated financial statements) as at 31st March, 2024, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Reports of Auditors and Directors thereon.MoreLess
    Ordinary
    99.09% for0.91% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.45%

    Turnout: all 57.77% · promoters 99.39% · institutions 0.00% · other public 9.14%

  2. To appoint Mr. Clinton Travis Caddell (DIN: 01416681) as Director, liable to retire by rotation and being eligible offers himself for re-appointment
    Ordinary
    99.04% for0.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.09%

    Turnout: all 57.80% · promoters 99.39% · institutions 0.00% · other public 9.21%

  3. Continuation of Mr. Paul Sashikumar Lam (DIN: 00016679) as Non-Executive Non Independent Director, on completion of 75 years
    Special
    99.04% for0.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.09%

    Turnout: all 57.80% · promoters 99.39% · institutions 0.00% · other public 9.21%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Sep 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for Divestment of entire 100% stake in M/s. Wowtruck Technologies Private Limited (Wholly owned Subsidiary) (Special Resolution).
    Special
    98.69% for1.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.25%

    Turnout: all 59.79% · promoters 100.00% · institutions 0.00% · other public 12.81%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Sale of unused factory land admeasuring 20,455.13 sq. mts. Including factory structures thereon owned by the company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.37% · promoters 100.00% · institutions 0.00% · other public 16.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAssistant Commissioner of Income Tax, Central Circle - 3 (now Central Circle - 2(1), HyderabadSince 7 Oct 2021
    Awaiting Consequential Order from ACIT, Central Circle - 3 (now Central Circle-2(1), Hyderabad and refund of Tax paid, hence there is no financial impact on the operations of the company.
    At the filing before: The company filed an Appeal bearing no. ITA No.1094/H/2017 for the Assessment Year: 2010-11 for disallowing an amount of Rs. 42,10,848/- claimed as export profit as deduction under Section 10A before the Income Tax Tribunal, Hyderabad Benches "B":Hyderabad. The above said Appeal filed by the company has been partly allowedMoreLess
  • Tax disputeEquitas Small Finance Bank LimitedSince 16 Jul 2026
    Arbitration notice sent to Equitas Small Finance Bank Limited
    At the filing before: The Company has invoked arbitration pursuant to Clause 14.1 of the Share Purchase Agreement dated 17-06-2022 (the Agreement was originally executed with Equitas Holdings Limited, which subsequently merged into Equitas Small Finance Bank Limited) for acquitition of 100% Equity shares of Wowtruck Technologies Private Limited. The dispute concerns a claim for reimbursement totaling Rs.27,02,588/- incurred for FY 2021-22 by the erstwhile subsidiary, Wowtruck Technologies Private Limited, while it was under the control of Equitas. This total comprises a GST liability of Rs 21,12,588/- and professional fees of RS 5,90,000/-.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.