Aion-Tech Solutions Limited has made an additional equity investment of Rs 1.30 crore in its wholly owned subsidiary ROQIT Greenfleet Digital Solutions Private Limited, as disclosed in a regulatory filing dated March 10, 2026. This strategic investment reinforces the company's commitment to expanding its presence in the green mobility technology sector.

Investment Details

The latest investment brings Aion-Tech's total investment in ROQIT to Rs 9.80 crore, with the company maintaining 100% ownership of the subsidiary. The investment was made through subscription to equity shares at face value, with ROQIT allotting 13,00,000 equity shares of Rs 10 each at par value through a rights issue.

About ROQIT Greenfleet Digital Solutions

ROQIT Greenfleet Digital Solutions Private Limited was incorporated in December 2024 with the Corporate Identification Number U45300TS2024PTC1912129. The subsidiary operates as a high-potential platform company with modular architecture designed to address various aspects of fleet and asset management.

The company specializes in developing technology for zero-emission fleets in electric vehicle and hydrogen mobility sectors. Several core modules of the ROQIT platform have been developed and are ready for deployment, while additional modules remain under accelerated development.

Business Progress and Operations

ROQIT has successfully completed pilot and proof-of-concept engagements, demonstrating the viability of its technology solutions. While the company has not commenced considerable revenue generation as of the current date, it is actively working towards commercializing these successful proof-of-concepts and onboarding premium customers.

The subsidiary reported no turnover as of March 31, 2025, which is expected given its recent incorporation and current focus on technology development and customer acquisition. The company is positioned for revenue generation in the forthcoming years as it transitions from development to commercial operations.

Regulatory Compliance

The investment was approved by Aion-Tech's board of directors in a meeting held on February 11, 2026. As ROQIT is a subsidiary of the company, this transaction falls under related party transactions, for which necessary approvals have been obtained. The acquisition is conducted at arm's length, with no other promoter, promoter group, or group companies having any interest in ROQIT.

No specific governmental or regulatory approvals were required for this investment at the current stage. The investment aligns with the company's strategic focus on sustainable mobility solutions and positions it to capitalize on the growing demand for green fleet management technologies.

Aion tech solutions Limited announced its Q3FY26 quarterly results for the third quarter ended December 31, 2025, alongside significant leadership appointments and strategic investment approvals during its Board meeting held on February 11, 2026.

Financial Performance Overview

The company delivered strong standalone financial results for Q3FY26, demonstrating robust operational performance across key metrics.

On a consolidated basis, the company reported revenue from operations of ₹405.92 million for Q3FY26 compared to ₹221.05 million in Q3FY25, reflecting significant growth driven by the E-Vehicle Mobility segment.

Segment-wise Performance

The company's business segments showed varied performance during the quarter:

The Software License segment emerged as the primary growth driver, while the newly added E-Vehicle Mobility segment contributed significantly to consolidated revenues.

Key Leadership Appointments

The Board made two strategic appointments to strengthen the company's leadership structure:

CEO Appointment

Mr. Biju Mathews brings extensive experience in building and scaling technology businesses across enterprise software, data-driven platforms, and EV mobility solutions.

Board Addition

Dr. Ponnapula is recognized as a leading player in the electric vehicle industry with deep expertise in sustainability and innovation.

Strategic Investment Approvals

The Board approved significant investments totaling ₹8.00 crore across two subsidiary companies:

Roqit Greenfleet Investment

Roqit Greenfleet, incorporated in December 2024, focuses on developing technology for zero-emission fleets in EV and Hydrogen mobility sectors.

Dubai Subsidiary Investment

Additional Corporate Actions

The company also approved providing a corporate guarantee in favor of ICICI Bank for an overdraft facility of ₹5.00 crore sanctioned to ETO Motors Private Limited, its subsidiary in the mobility sector.

During the quarter, the company's equity shareholding in ETO Motors changed from 58.51% to 56.29% following conversion of inter-corporate deposits into equity shares.

Exceptional Items Impact

The company recorded an exceptional charge of ₹4.28 million related to the statutory impact of new Labour Codes implemented by the Government of India in November 2025, primarily affecting gratuity calculations due to changes in wage definitions.