Aion-Tech Solutions Ltd

Issuer context

• Issuer: Aion-Tech Solutions Ltd (Scrip 531439); Board Meeting filing.

Financial results approved

• Standalone unaudited Q1 2026 results approved; period ended 30 June 2026; limited review completed.
• Consolidated unaudited Q1 2026 results approved; period ended 30 June 2026; limited review completed.
• Audit Committee reviewed both results prior to Board approval.
• Limited Review Reports from statutory auditors enclosed as Annexure A.

Financing and liquidity actions

• ICICI Bank OD facility availed for Rs 100 million; Union Bank OD closed.
• Overdraft facility with ICICI Bank noted; existing Union Bank overdraft closed.

Arbitration and provisions

• Arbitration invoked on 16 July 2026 under SPA for Wowtruck acquisition.
• Reimbursement claim amount approximately Rs 2.71 million; GST and professional fees listed.
• Provision recognized for advances not recoverable; FY 2021-22.
• Auditors' review reports on both standalone and consolidated results are unqualified.

Dematerialisation and listing status

• Dematerialised securities have been listed on the stock exchanges.
• Certificates were mutilated and cancelled, with the depository as registered owner updated in records.
• Confirmation from the Registrar and Share Transfer Agent is annexed.
• Actions completed within the requisite 15-day period.

Resignation of Executive Director

• Mr. Seetepalli Venkat Raghunand resigned as Executive Director effective April 24, 2026
• Resignation due to personal and professional reasons
• No other material reasons for resignation disclosed
• Vacates position as Executive Director and Board member
• Holds no directorships in other listed entities
• No regulatory or shareholder approval mentioned as required
• Will support smooth transition and handover of responsibilities