Aion Tech Solutions Converts Rs. 8 Crore Loan to Equity in ETO Motors, Adjusting Stake
Aion Tech Solutions has converted an Rs. 8 crore loan into equity shares of its subsidiary, ETO Motors Private Limited, through a rights issue. ETO Motors allotted 7,32,608 equity shares to Aion Tech Solutions at Rs. 110 per share on November 10, 2025. This transaction adjusted Aion Tech Solutions' ownership stake in ETO Motors from 58.50% to 56.29%, while increasing its total number of shares. ETO Motors, operating in the Electric Mobility and Energy as a Service sectors, has shown consistent growth with its turnover increasing from Rs. 1,650.86 lakhs in FY 2022-23 to Rs. 3,043.25 lakhs in FY 2024-25.

*this image is generated using AI for illustrative purposes only.
Aion Tech Solutions Limited, a key player in the technology sector, has made a strategic move by converting an Rs. 8 crore loan into equity shares of its subsidiary, ETO Motors Private Limited. This transaction, structured as a rights issue, has resulted in a slight adjustment to Aion Tech Solutions' ownership stake in ETO Motors.
Transaction Details
On November 10, 2025, ETO Motors allotted 7,32,608 equity shares to Aion Tech Solutions. The shares were issued at a face value of Rs. 10 with a premium of Rs. 100 per share, bringing the total consideration to Rs. 8,05,86,880. This move effectively converted the Rs. 8 crore loan provided by Aion Tech Solutions to ETO Motors during the fiscal year 2024-25 into equity.
Stake Adjustment
Following this transaction, Aion Tech Solutions' shareholding in ETO Motors has been adjusted:
| Aspect | Before Allotment | After Allotment |
|---|---|---|
| Shareholding Percentage | 58.50% | 56.29% |
| Number of Shares | Not specified | Increased |
It's noteworthy that while the percentage of ownership has decreased slightly, the absolute number of shares held by Aion Tech Solutions in ETO Motors has increased.
About ETO Motors
ETO Motors Private Limited, incorporated on September 20, 2018, operates in the Electric Mobility as a Service (eMaaS) and Energy as a Service (EaaS) sectors. The company focuses on providing environmentally friendly electric mobility and related energy/charging solutions. ETO Motors serves major e-commerce companies and has shown consistent growth in recent years.
Here's a snapshot of ETO Motors' financial performance:
| Financial Year | Turnover (in Rs. Lakhs) |
|---|---|
| FY 2024-25 | 3,043.25 |
| FY 2023-24 | 2,246.29 |
| FY 2022-23 | 1,650.86 |
Impact and Outlook
This strategic move by Aion Tech Solutions demonstrates its continued commitment to its subsidiary, ETO Motors. By converting the loan to equity, Aion Tech Solutions has strengthened ETO Motors' balance sheet without any actual outflow of funds. This could potentially enhance ETO Motors' ability to capitalize on the growing demand for electric mobility and energy services in India.
As the electric mobility sector continues to evolve, such strategic financial maneuvers may play a crucial role in positioning companies for future growth and market opportunities.
Historical Stock Returns for Aion Tech Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.25% | -4.72% | -3.85% | -22.08% | -22.67% | +518.67% |





























