GOLDTECHBSEAion-Tech Solutions LtdLowNeutral
Announced Fri, 29 May · 18:59 IST

Outcome of the Board Meeting held on 29.05.2026

Board & Shareholder Meetings View source PDF

GOLDTECH · price

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AI summary

Aion-Tech Solutions Limited (formerly Goldstone Technologies) held its Board Meeting on May 29, 2026, and approved the Annual Audited Financial Results for FY2026. Standalone revenue grew 15.3% to Rs 1,001.01 million, with Profit After Tax at Rs 73.85 million. Consolidated revenue surged 52.5% to Rs 1,350.32 million, driven primarily by the acquisition of ETO Motors Private Limited through a share swap arrangement worth Rs 1,944.77 million. The company also reconstituted its Audit Committee with Mr. Deepankar Tiwari as Chairman. Statutory Auditors P. Murali & Co. issued an unmodified opinion on both standalone and consolidated results. The company transferred SaaS platform development expenditure of Rs 62.10 million to its subsidiary Roqit Greenfleet Digital Solutions and incorporated a new subsidiary in Dubai.

Likely market impact

Strong consolidated revenue growth of 52.5% driven by the ETO Motors acquisition is positive for shareholders. However, the increased share count from 34.57 million to 52.26 million has diluted EPS. The unmodified auditor opinion provides assurance on financial quality.