AION-TECH SOLUTIONS LIMITED — Others, 12-05-2025: Giving guarantees/indemnity/ becoming a surety for third party

Aion-Tech Solutions has allotted 1.76 crore equity shares at Rs.110 each to existing shareholders of its subsidiary ETO Motors Pvt Ltd through non-cash consideration, raising Rs.194.48 Cr. The company approved setting up a wholly owned subsidiary in Dubai to expand its software and consulting services. It also plans to invest Rs.2.97 Cr more in Roqit Green Fleet, focusing on zero-emission EV and hydrogen mobility technology. Additionally, Aion-Tech will provide fixed deposit receipts up to Rs.10 Cr to secure credit facilities for ETO Motors.