AION-TECH SOLUTIONS Increases Investment in Wholly Owned Subsidiary ROQIT GREENFLEET DIGITAL SOLUTIONS
AION-TECH SOLUTIONS LIMITED has announced a significant further equity investment into its wholly owned subsidiary, ROQIT GREENFLEET DIGITAL SOLUTIONS PRIVATE LIMITED. The infusion of capital enhances AION-TECH’s control and commitment to the technology developing zero emission mobility fleets.The Company invested an additional Rs. 1,30,00,000 (Rupees One Crore Thirty Lakhs only) into ROQIT. Following this investment, the total equity holding by AION-TECH in ROQIT has increased to Rs. 9,80,10,000/-.
The transaction involved the allotment of 13,00,000 equity shares of Rs. 10/- each at par through a rights issue conducted by ROQIT GREENFLEET DIGITAL SOLUTIONS PRIVATE LIMITED in March 2026. This investment was made pursuant to board approval obtained earlier this year.
The funds raised are designated to support the operational and product development expenses of ROQIT.
Subsidiary Background and Purpose
ROQIT GREENFLEET DIGITAL SOLUTIONS PRIVATE LIMITED, incorporated in December 2024, operates as a high potential platform company specializing in fleet and asset management for zero emission fleets in EV and Hydrogen mobility. The subsidiary has successfully completed pilot and Proof-of-Concept (PoC) engagements with clients.As of date, the Company is actively working toward commercializing these successful PoCs and onboarding premium customers. While the entity has not yet commenced considerable revenue generation, it maintains a strong focus on developing core modules of its platform.
Key details regarding the investment and the subsidiary are summarized in the table below:
| Particular | Detail |
|---|---|
| Subsidiary Name | ROQIT GREENFLEET DIGITAL SOLUTIONS PRIVATE LIMITED |
| Incorporation Date | December 2024 |
| Investment Amount (New) | Rs. 1,30,00,000 |
| Total Holding by AION-TECH | Rs. 9,80,10,000/- |
| Shares Allotted | 13,00,000 equity shares of Rs. 10/- each at par |
| Primary Focus | Technology for zero emission fleets in EV and Hydrogen mobility |
GOLDTECH Stock Price Movement
AION-TECH SOLUTIONS LIMITED shares are edging higher to ₹60.95 as of 1:04 PM today, gaining 5.00% in live trading. The stock saw a total traded volume of 7,100 shares during the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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