Announced Fri, 10 Jul · 13:00 IST
Further investment of Rs 1.30 cr in wholly owned subsidiary ROQIT
Strategic Transactions View source PDF
GOLDTECH · price
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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹58.05
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+5.3+2.0+0.7-4.1-3.8————
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AI summary
AION-TECH SOLUTIONS has invested an additional Rs 1.30 crore in its wholly owned subsidiary ROQIT Greenfleet Digital Solutions via rights issue at Rs 10 per share, allotting 13 lakh equity shares. Total investment in ROQIT now stands at Rs 9.80 crore. ROQIT, incorporated in December 2024, focuses on fleet management technology for EV and Hydrogen mobility. The subsidiary has no revenue yet and is in product development and commercialisation stage.
Likely market impact
Capital infusion into wholly owned EV and Hydrogen fleet tech subsidiary. No immediate revenue impact as ROQIT is still pre-revenue.