AION-TECH SOLUTIONS LIMITED has informed the Exchange regarding Notice of Postal Ballot
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AION-TECH Solutions Limited has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for one Special Resolution. The resolution is to change the designation of Mr. Chanakya Bellam Radha Krishna (DIN: 02642002) as Wholetime Director of the Company for a period of three years, effective May 1, 2026 to April 30, 2029. He will receive an all-inclusive remuneration of INR 60,00,000 (Sixty Lakhs) per annum, with the Board and NRC retaining discretion to vary the components within the overall limit. The e-voting period runs from April 3, 2026 (9:00 a.m.) to May 4, 2026 (5:00 p.m.), with the cut-off date being March 27, 2026. Results will be announced on or before May 7, 2026.
Shareholders as on March 27, 2026 need to vote on this director-related resolution through CDSL e-voting. The appointment involves a related party since Mr. Chanakya is currently President, Strategy & Corporate Development at Trinity Infraventures Limited, the parent company of AION-TECH, and the Rs. 60 lakh annual remuneration is a notable recurring expense for a small-cap company.