Aqylon Nexus: FY26 Results Approved, UAE Subsidiary, Director Resigns, 100% Share Sale Proposed

Aqylon Nexus Ltd's Board of Directors met on April 11, 2026. Key decisions included the approval of Audited Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved the incorporation of a Wholly Owned Subsidiary, M/s Aqylon Nexus Holding LLC, in UAE to expand its AI Technology Products and Services internationally. Mr. Sripal Reddy Molugu resigned as an Independent Director effective April 10, 2026, citing pre-occupancy. Additionally, the Board acknowledged a proposal from M/s Energon Petroproducts Private Limited to sell its entire 100% shareholding of 33,73,690 equity shares.