AION-TECH SOLUTIONS LIMITED — Results, 13-02-2025: Integrated Filing- Financial
13-02-2025 | 07:31 pm
13-02-2025 | 07:31 pm
The Board of Directors of Aion-Tech Solutions Limited has approved the unaudited financial results for the quarter and half-year, reflecting a total revenue of ₹234.02 crore and a loss after tax of ₹2.82 crore. The company plans to increase its authorized share capital from ₹50 crore to ₹80 crore to facilitate the acquisition of ETO Motors Private Limited, aiming for a controlling stake through a share swap. This move positions Aion-Tech strategically in the electric mobility sector, potentially enhancing growth opportunities and long-term value for stakeholders. Investor sentiment may lean positive, anticipating growth in a sustainable market.
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