AION-TECH SOLUTIONS LIMITED has submitted the Exchange a copy Srutinizers report of Postal Ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aion-Tech Solutions Limited has submitted the postal ballot results for three resolutions, all passed with overwhelming support; the last date of remote e-voting was March 16, 2026. The resolutions approved were: (1) appointment of Dr. Karthik Sanjay Ponnapula as Non-Executive and Non-Independent Director (ordinary), (2) appointment of Mr. Biju Mathews as President and CEO (special resolution), and (3) appointment of Mr. Chanakya Bellam Radha Krishna as Non-Executive and Non-Independent Director (ordinary). Of the 52.26 million total shares, around 30.85–31.98 million were polled, with only 563 votes cast against across all three resolutions (effectively 100% in favour). The promoter group, holding 30.76 million shares (~58.85% of equity), voted unanimously in favour, while public non-institutional participation was thin at just 5.66% of their shares. No invalid votes were recorded, and scrutinizer Mr. Navajyoth Puttaparthi confirmed all resolutions passed with the requisite majority.
Shareholders have cleared a new CEO and two new directors with virtually no dissent. Because the promoter group controls ~58.85% of equity and voted unanimously in favour, the outcome was never in real doubt. The very low retail turnout (5.66% of public shares) provides little independent signal on how minority shareholders view these management changes.