AION-TECH SOLUTIONS LIMITED — Important, 05-03-2025: General Updates

AION-TECH SOLUTIONS LIMITED has approved a further investment of Rs. 15,00,000 in its wholly-owned subsidiary, ROQIT GREENFLEET DIGITAL SOLUTIONS PRIVATE LIMITED, raising the total investment to Rs. 16,00,000. The subsidiary focuses on developing technology for zero-emission fleets in electric and hydrogen mobility. With this capital, ROQIT will address its operational and product development costs. The investment was made under the resolution from the Board meeting held on November 14, 2024, and the company has gained full ownership through the allotment of 1,50,000 equity shares at a face value of Rs. 10 each. This strategic move reinforces AION-TECH's commitment to expanding its portfolio in sustainable technology sectors, positioning it well for potential future growth. Investors should monitor developments closely as ROQIT executes its operational plans.