Aion-Tech Invests Additional ₹65 Lakhs in Roqit Subsidiary

Date: September 10, 2026

The company made a further investment of ₹65,00,000 (Rupees Sixty Five Lakhs) in its wholly owned subsidiary Roqit Greenfleet Digital Solutions Private Limited
Investment was made by subscribing to equity shares at face value of ₹10 per share
With this investment, the total investment by the company in Roqit stands at ₹11,05,10,000 (Rupees Eleven Crores Five Lakhs Ten Thousand)
The entire equity in Roqit is held exclusively by Aion-Tech Solutions Limited (100% ownership)
Roqit Greenfleet Digital Solutions Private Limited allotted 6,50,000 equity shares of ₹10 each at par through rights issue to Aion-Tech
The investment was made pursuant to board approval obtained in the meeting held on February 11, 2026
The transaction falls within related party transactions as Roqit is a subsidiary, but is conducted at "arm's length"
No other promoter/promoter group/group companies have any interest in Roqit

Roqit Greenfleet Digital Solutions Private Limited was incorporated on December 19, 2024
The company develops technology for meeting the needs of zero-emission fleets in EV and Hydrogen mobility
It is positioned as a high-potential platform company with modular architecture for fleet and asset management
Several core modules have been developed and are ready for deployment, with additional modules under accelerated development
The company has completed pilot and Proof-of-Concept engagements
Revenue for financial year ending March 31, 2026: ₹18,71,949
No considerable revenue generation had commenced as of the date of this disclosure, but the company is actively working to commercialize successful PoCs and onboard premium customers

Roqit will utilize the investment funds for meeting operational and product development expenses