Announced Fri, 10 Jul · 13:08 IST
Further Rs 60 lakh investment in wholly owned subsidiary Roqit Greenfleet
GOLDTECH · price
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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹58.05
prior close
₹60.95
base price
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timing
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AI summary
AION-TECH SOLUTIONS invested an additional Rs 60 lakh in wholly owned subsidiary Roqit Greenfleet Digital Solutions, subscribing to 6 lakh equity shares at face value of Rs 10 each via rights issue. Roqit develops fleet management tech for EV and Hydrogen mobility, and earned about Rs 18.7 lakh revenue in FY26. Board approval was given on February 11, 2026. As Roqit is already fully owned by AION-TECH, this is a related party transaction.
Likely market impact
Minor capital infusion in existing subsidiary; ownership stays at 100 percent. Limited near-term impact. Watch Roqit's EV and Hydrogen mobility platform execution.