Aion-Tech Invests Additional ₹1.3 Crore in Roqit

Date: 10th March, 2026

Investment in Wholly Owned Subsidiary

Aion-Tech Solutions Limited has made a further investment of ₹1,30,00,000 (Rupees One Crore Thirty Lakhs only) in its wholly owned subsidiary, Roqit Greenfleet Digital Solutions Private Limited.
This investment was made through a rights issue where Roqit allotted 13,00,000 equity shares of ₹10 each at par to Aion-Tech.
With this additional investment, the total investment by Aion-Tech in Roqit stands at ₹9,80,10,000.
Aion-Tech holds 100% of the shareholding in Roqit Greenfleet Digital Solutions Private Limited.

Details of Target Entity

Name: Roqit Greenfleet Digital Solutions Private Limited
Date of Incorporation: 19th December, 2024
Business: Technology development company focused on creating a modular platform for zero-emission fleet management in EV and hydrogen mobility.
Several core modules of the ROQIT platform have already been developed and are ready for deployment, while additional modules are under accelerated development.
The company has completed Proof-of-Concept (PoC) and pilot engagements but has not commenced considerable revenue generation as of date.
The company is actively working towards commercializing these successful PoCs and onboarding premium customers.
There was no turnover generated as on 31.03.2025 as the company is at a growing stage.

Transaction Details

The acquisition falls within related party transactions as Roqit is a subsidiary of Aion-Tech.
No promoter/promoter group/group companies have any interest in Roqit other than Aion-Tech.
The transaction was done at "arm's length" by subscribing to equity shares at face value.
The investment was made in cash.
Cost of acquisition: ₹1,30,00,000 invested against allotment of equity shares at face value of ₹10 per share.
No specific governmental or regulatory approvals were required for this acquisition.

Purpose and Impact

Roqit will utilize these funds for meeting its operational and product development expenses.
As a result of this investment, Aion-Tech's holding in Roqit would increase (though it remains 100%).

Approval and Timeline

The investment was made pursuant to the approval of the board obtained in the board meeting held on February 11, 2026.
Roqit Greenfleet Digital Solutions Private Limited allotted the shares in its board meeting held on 10th March, 2026.

Regulatory Context

This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reference is made to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
This is a continuation of earlier disclosures submitted on September 26, 2024; November 14, 2024; December 20, 2024; February 19, 2025; March 05, 2025; March 28, 2025; May 12, 2025; May 28, 2025; June 23, 2025; July 18, 2025; and November 14, 2025.