Shareholders meeting

September 05, 2026 To, To, National Stock Exchange of India Limited The BSE Limited, Exchange Plaza’. C-1, Block G, 25th Floor, P. J. Towers, Bandra Kurla Complex, Bandra (E), Fort, Mumbai: 400 001. Mumbai - 400 051. SCRIP CODE: 532668 NSE SYMBOL: AURIONPRO Sub: Notice of 29th Annual General Meeting (“AGM”) of the Company for financial year 2025- Dear Sir/Madam, The 29th Annual General Meeting (“AGM”) of Aurionpro Solutions Limited (“the Company”) will be held on Tuesday, September 29, 2026, at 11:00 A.M. (IST) through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”) in compliance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 and 34 of the SEBI Listing Regulations, we are enclosing herewith the Notice convening the 29th AGM and Statutory reports for the Financial Year 2025-26, which is being sent through electronic mode to those Members, whose E-mail IDs are registered with the Company / Registrar and Transfer Agent (“RTA”) / Depository Participant(s) (“DPs”). Further, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, the Company is also sending a letter to those Members whose E-mail IDs are not registered with the Company / RTA / DPs, providing the weblinks for accessing the Annual Report of the Company and the Notice convening the 29th AGM. Members may also exercise their right to vote on the resolutions proposed at the 29th AGM through remote e-voting facility provided by the Company. The remote e-voting facility will be available as per the following schedule: E-voting at the web-site of NSDL www.evoting.nsdl.com Cut-off Date for remote e-voting Tuesday, September 22, 2026 Date of commencement of remote e-voting Friday, September 25, 2026 Start Time 09.00 A.M. (IST) Date of end of remote e-voting Monday, September 28, 2026 End Time 05.00 P.M. (IST) Notice of AGM along with Annual Report is enclosed herewith. Yours faithfully, For Aurionpro Solutions Limited Ninad Kelkar Company Secretary BUILD THE NEXT Annual Report 2025-26 TNETNOC TNETNOC 02 Letter from the Chairman 04 Group CEO's Message 06 Business at a Glance 32 Board of Directors 37 Management Discussion & Analysis 52 Directors' Report 72 Corporate Governance Report 89 Consolidated Financial Statements 150 Standalone Financial Statements 220 AGM Notice Aurionpro Solutions Limited | Annual Report 2025-26 Letter from The Chairman The extraordinary advent of AI has been the single biggest change in technology in modern human history and is just getting started. While this will affect all the industries to varying degrees, the impact on the software business is immediate and far-reaching. Over the last couple of years, we have already seen every company globally working to adapt to this rapidly moving torrent. Obviously, like every such seismic event, there will be winners and losers. I strongly believe Aurionpro will emerge as one of the big winners over the next few years with this shift. Our native AI offerings, major investments in starting to move all our products to an AI native architecture, and our data centre business, core to the future of AI usage, will collectively help us navigate this monumental shift better than most companies. The next equally monumental shift is appearing Paresh Zaveri in terms of the growth of robotics, especially Chairman & Managing Director from China, and I am very sure that in time to come this will have an equally profound impact as AI. We will be looking closely at developments Dear Shareholders, in robotics and how this will shape the future in tandem with AI. After almost five years of solid growth, we have had a somewhat disappointing year. While On the Banking side, AI has emerged as both an revenue grew over 20% to about ₹1,411 crore and opportunity and a threat. While the opportunity net profit grew to about ₹215 crore, on balance landscape outweighs the threats by a wide this was a below-par performance. Especially margin, in the short term, there has been a considering the standards we have set for degree of uncertainty and trepidation from ourselves and the path that we have charted customers. Spending on AI by institutions, while for sustained multi-year growth. Somewhere, substantial, has been limited to large global AI I believe, we were victims of our own success, plays, and I believe, reasonably ineffective in and we did not react aggressively enough in the broader scheme of things. I strongly believe time for us to get our trajectory back faster the domain-led AI approach that Aurionpro when a combination of external factors slowed has championed will resonate strongly with down decision-making and created execution customers as the dust settles and they start hazards. Apart from our lack of aggressive looking for value out of AI investments. Over the nimbleness, the Middle East conflict and rupee last year plus, we have aggressively invested turmoil resulted in general lethargy in decision- in AI. While we are extremely confident in our making across some of our major markets and strategy and success going ahead, we have customers. That problem continued in Q1 of the moderated ourselves to be in sync with the current fiscal year and is about settling down. market and bring back our operating margins We have learned from the challenges of the last back to our historical levels. Over this period, few months and have put corrective actions in we have heavily moved our products to have place to get back on a robust growth trajectory strong AI-native capabilities and are supremely from the second half of the current fiscal year. confident that our offerings and capabilities will be a notch above the market. 2 • www.aurionpro.com Apart from banking, where we are focusing base, has given us unparalleled cost and quality closely on our AI-native banking stack, we have advantages. We can confidently proclaim that also doubled down on growing our AI business the quality of both our hardware and software through Arya.ai with renewed vigour this year. is among the best in the world. Going ahead, In Arya.ai, we have some of the finest talent and taking this competitive advantage to make exceptional IP to start offering our products Aurionpro a leading global player in transit is the and services to both BFSI and other sectors as path we are embarking on. I am confident that, AI adoption gathers momentum over the next in time to come, we will be the go-to partner few quarters. Most players are just scratching for transit service providers globally. In parallel, the surface of what AI can do for business, and we will continue to broaden and deepen our as the demand starts to consolidate around offerings for the transit sector in time to come business use cases and data integrity, our to consolidate our market leadership in this offerings will be there to address the need of rapidly growing market. the hour. As we focus on getting our long-term On the Technology Innovation Group (TIG) trajectory back on track with a strong second business, we are looking at a breakthrough half for this year, we have already set the year during the current fiscal as both the data base with our largest-ever order book and centre and transit businesses are set to create a a qualified pipeline exceeding ₹5,000 crore. powerful base for sustained multi-year growth Additionally, our pivot to significantly deepen going forward. Last year in the data centre our relationships with key customers and our business, our win with one of the largest Indian strong partnership across our businesses with conglomerates to build one of the first AI data some of the largest Indian and global players centres in India helped bring our capabilities will allow us to sustain the momentum. Going to among the best in the business. As we ahead, our AI-led banking solutions and o [Showing first 8,000 characters — download PDF for full document]