About Aion-Tech Solutions Limited (Formerly Goldstone Technologies Limited)
Aion-Tech Solutions Limited is a public limited company incorporated in India, with its registered office in Hyderabad, Telangana. The Company’s equity shares are listed on the National Stock Exchange (NSE) and BSE Limited.
Formerly known as Goldstone Technologies Limited, the Company operates in the Information Technology (IT) and IT-enabled Services (ITeS) space, with specialisation in data and analytics-driven solutions and end-to-end technology services. Its service offerings include:
- Cloud Strategy & Implementation
- Data Engineering and Data Science
- Analytics Consulting and Business Intelligence (BI)
- Full-stack IT Services
- Analytics Training and Enablement
The Company serves clients across India and overseas, supported by an international subsidiary in the United States, highlighting its multi-geography footprint.
Group Structure and Scale
As of March 31, 2025, Aion-Tech Solutions Limited had:
- Two wholly owned subsidiaries, and
- A consolidated presence across India and the USA.
Following the close of the financial year, on May 12, 2025, the Company acquired a controlling stake in ETO Motors Private Limited, thereby adding:
- One new subsidiary – ETO Motors Private Limited, and
- One step-down subsidiary – ETO Mobility Services Private Limited.
The Company reported 116 permanent employees on its rolls as of March 31, 2025.
Strategic Milestones (FY 2024–25)
- October 03, 2024 – Divestment of Wowtruck Technologies Private Limited:
The Company completed the sale of its entire stake in its logistics-technology subsidiary, following shareholder approval through postal ballot.
- March 10, 2025 – Preferential Issue for ETO Motors Acquisition:
Shareholders approved a preferential issue of up to 1,76,79,770 equity shares of ₹10 each at an issue price of ₹110 per share (including a ₹100 premium) on a 1:1 share swap basis to acquire a 54.34% controlling stake in ETO Motors Private Limited.
The allotment was completed on May 12, 2025, post receipt of approvals from the Ministry of Corporate Affairs, NSE, and BSE.
- Corporate Governance and Capital Authorisations:
At the same EGM on March 10, 2025, the Company obtained approvals for:
- Increasing authorised share capital,
- Undertaking related party transactions associated with the acquisition, and
- Enhancing investment limits under Section 186 of the Companies Act, 2013.
- Leadership Update:
The Managing Director ceased to hold office on September 26, 2024.
As of year-end, Key Managerial Personnel (KMP) included:
- Whole-Time Director – Mr. Seetepalli Venkat Raghunand
- Chief Financial Officer – Mr. Vithal VSSNK Popuri
- Company Secretary & Compliance Officer – Mr. Adalat Srikanth
Key Management
- Mr. Seetepalli Venkat Raghunand – Whole-Time Director
- Mr. Vithal VSSNK Popuri – Chief Financial Officer
- Mr. Adalat Srikanth – Company Secretary & Compliance Officer
Latest Corporate Updates
- Portfolio Realignment:
The Company completed the divestment of 100% equity in Wowtruck Technologies Private Limited on October 03, 2024, marking a strategic exit from the logistics-tech segment.
- Strategic Acquisition – ETO Motors:
The acquisition of ETO Motors Private Limited was completed on May 12, 2025, making it a subsidiary of Aion-Tech Solutions Limited and expanding the Group’s presence into sustainable mobility solutions.
- Group Structure Post-Acquisition:
As of May 2025, Aion-Tech Solutions Limited includes:
- Two wholly owned subsidiaries (existing),
- ETO Motors Private Limited (subsidiary), and
ETO Mobility Services Private Limited (step-down subsidiary).