Trinity Infraventures Completes Share Transaction in Aion-Tech Solutions Ltd

Trinity Infraventures Completes Share Transaction in Aion-Tech Solutions Ltd

Trinity Infraventures Completes Share Transaction in Aion-Tech Solutions Ltd​

Trinity Infraventures Limited and associated Persons Acting in Concert (PAC) have finalized a share transaction involving Aion-Tech Solutions Limited, with the acquisition conducted through the open market. The figures detail the holdings of the promoter group before and after the sale and purchase activity concerning the target company.

The promoter group, led by Trinity Infraventures Limited, held significant stakes in Aion-Tech Solutions Ltd prior to the transaction. Before the acquisition/sale under consideration, the combined holding of Trinity Infraventures Limited and its PAC members stood at 2,74,04,756 shares. This represented a combined stake equivalent to 52.44 percent of the total share/voting capital of Aion-Tech Solutions Limited.

The transaction involved the acquisition by Trinity Infraventures Limited. Regarding the acquiring entity, Trinity Infraventures Limited acquired 2,00,000 shares in Aion-Tech Solutions Ltd during the process conducted through the open market. This particular acquisition accounted for 0.38 percent of the voting capital as reported in the records.

Following the transaction, the shareholding status was updated across all involved parties. The holding of Trinity Infraventures Limited decreased to 1,87,45,812 shares, which constituted 35.86 percent of the total voting capital after the sale and acquisition event. The remaining members of the PAC maintained their cumulative holdings, reflecting a combined stake of 52.05 percent in Aion-Tech Solutions Limited.

The details regarding the holdings of Trinity Infraventures Limited and its Persons Acting in Concert are summarized below:

Party NameTotal Shares Held (Before)% Holding (Before)Shares Acquired/SoldTotal Shares Held (After)% Holding (After)
Trinity Infraventures Limited1,89,45,81236.25%N/A1,87,45,81235.86%
L P Sashi Kumar (PAC)7570.00%N/A7570.00%
L Preetha Priyadarshini (PAC)1,13,5240.22%N/A1,13,5240.22%
Mahita Prasad Caddell (PAC)72,22,66313.82%N/A72,22,66313.82%
Ponnapula Karthik Sanjay (PAC)11,22,0002.15%N/A11,22,0002.15%

The company's equity share capital and total voting capital prior to the said acquisition/sale were valued at Rs. 52,26,18,360, divided into 5,22,61,836 shares of Rs. 10/- each. The capitalization structure remained based on this division following the transaction.

GOLDTECH Stock Price Movement​

AION-TECH SOLUTIONS LIMITED's shares are edging higher to ₹41.31 as of 10:15 AM today, following a modest gain of 0.58% in live trading. The stock has seen moderate flow with 8,044 shares traded so far during the session.
 

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