The Board also accorded approval for incorporation of wholly owned subsidiary in Dubai, UAE.
The Board approved further investment in Roqit Green fleet Digital Solutions, a wholly owned subsidiary up to an amount of Rs 2.97 crore.
The Board accorded approval to offer Fixed Deposit Receipts worth up to Rs.10 crore to Banks/Financial Institutions for securing the credit facility(ies) amounting up to Rs. 10 crore availed/ to be availed by ETO Motors, a subsidiary of the company.