Investment10 Sept 2026, 04:00 pm
Aion-Tech Invests ₹65 Lakhs More in Wholly Owned Subsidiary
AI Summary
Aion-Tech Solutions Ltd has announced a further investment of ₹65,00,000 in its wholly owned subsidiary, Roqit Greenfleet Digital Solutions Private Limited (ROQIT). This brings the total investment in ROQIT to ₹11,05,10,000. ROQIT is developing technology for zero-emission fleets in EV and Hydrogen mobility, with core modules already developed and pilot engagements completed. The funds will be used for operational and product development expenses. The investment is an equity subscription at face value, and ROQIT is 100% owned by Aion-Tech.
Key Highlights
- Aion-Tech injects additional ₹65 Lakhs into subsidiary ROQIT.
- Total investment in ROQIT now stands at ₹11.05 Crores.
- ROQIT focuses on zero-emission fleet technology.
- Funds to support ROQIT's operations and product development.
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