AION-TECH SOLUTIONS LIMITED — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 06:41 pm
11-08-2025 | 06:41 pm
AION-TECH's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹19.24 Cr, with a profit after tax of ₹5.94 Cr. The board also approved the appointment of Ms. P Mounika Reddy as an Additional Independent Woman Director. A key strategic move impacting these financials was the acquisition of ETO Motors Private Limited on May 12, 2025, increasing AION-TECH's stake to 58.51% and making ETO Mobility Services a step-down subsidiary. The company continues to invest in a SaaS product for zero-emission fleet management.
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