STOCKWATCH
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Computers - Software & Consulting
Investment2 Jul 2025, 03:01 pm

Aion-Tech Invests Rs. 5.21 Crore in Wholly Owned Subsidiary Roqit Greenfleet Digital Solutions

AI Summary

Aion-Tech Solutions Ltd. has invested Rs. 5.21 crore towards product development expenditure for Roqit, a wholly owned subsidiary. This amount has been capitalized by the Company as on March 31, 2025. Upon transfer of the capital asset to Roqit, Roqit has allotted 52,10,000 equity shares to the Company. This brings the total investment by the Company in ROQIT to Rs. 6,35,10,000/-. Roqit Greenfleet Digital Solutions Private Limited is positioned as a high-potential platform company with a modular architecture aimed at addressing various aspects of fleet and asset management. While the company has not commenced revenue generation as of date, it is actively working towards commercialising these successful PoCs and onboarding premium customers.

Key Highlights

  • Aion-Tech has invested Rs. 5.21 crore in its wholly owned subsidiary Roqit Greenfleet Digital Solutions
  • This investment has been capitalized by Aion-Tech as on March 31, 2025
  • Upon transfer of the capital asset to Roqit, Roqit has allotted 52,10,000 equity shares to Aion-Tech
  • This brings the total investment by Aion-Tech in ROQIT to Rs. 6,35,10,000/-
  • Roqit is a high-potential platform company aimed at addressing various aspects of fleet and asset management
GOLDTECH
Computers - Software & Consulting
GOLDSTONE TECHNOLOGIES LTD.

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