Outcome of Board Meeting

Date: 03rd September, 2026 To, To, BSE Limited, National Stock exchange of India Limited, Listing Department, P.J. Towers, Dalal Exchange Plaza, C-1, Block G, Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E) Scrip Code: 532694 Mumbai – 400 051 Symbol: ASMS Dear Sir/Madam, Sub: Outcome of the Meeting of the Board of Directors of the Company held on Thursday, September 03, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Reference- Intimation dated August 31, 2026 Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") , we wish to inform you that the Board of Directors of Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) (“Company”), at its meeting held today, i.e., Thursday, September 03, 2026, has, inter alia, considered and approved the following matters: 1. The Board's Report of the Company for the financial year ended March 31, 2026, together with the requisite annexures thereto, in accordance with the applicable provisions of Section 134 of the Companies Act, 2013 and the rules made thereunder. 2. Recommended the appointment of Statutory Auditor: Based on the recommendation of the Audit Committee, the Board recommend the appointment of M/s SVRL & Co., Chartered Accountants (Firm Registration No. 016182S), as the Statutory Auditors of the Company for period of 5 years to the member of the Company at the 34th annual general meeting under Section 139 and other relevant provisions of the Companies Act, 2013 and the rules made thereunder. The requisite disclosure under Regulation 30 of the SEBI Listing Regulations is enclosed as Annexure I. 3. The proposal for raising funds by way of issuance of Equity Shares through a Qualified Institutions Placement (“QIP”): In accordance with the applicable provisions of the Companies Act, 2013, including Sections 42 and 62(1)(c), and the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), the Board approved the proposal for raising funds by way of issuance of equity shares through a Qualified Institutions Placement (“QIP”) for an aggregate amount not exceeding ₹150,00,00,000/- (Rupees One Hundred Fifty Crore only), in one or more tranches, subject to approval of the Members of the Company by way of a Special Resolution and such other statutory, regulatory and other applicable approvals. The proposed QIP shall be undertaken in accordance with the applicable provisions of the SEBI ICDR Regulations, including the provisions relating to eligibility, pricing, relevant date, eligible investors, allotment, minimum number of allottees, lock-in/transferability and other applicable conditions. The requisite disclosure under Regulation 30 of the SEBI Listing Regulations is enclosed as Annexure II. 4. The proposal for further acquisition of equity share capital of Ampivo Smart Technologies Private Limited and issue of equity shares of the Company on preferential basis for consideration other than cash: Pursuant to Section 186 and other applicable provisions of the Companies Act, 2013, and based on the recommendation of the Audit Committee, the Board approved, subject to such approvals as may be required, the proposal for further acquisition of 43.44% of the equity share capital of Ampivo Smart Technologies Private Limited (“Ampivo”), through a share-swap arrangement. In connection therewith, subject to approval of the Members and such other statutory, regulatory and other applicable approvals, the Board approved the preferential issue and allotment of up to 11,02,42,980 (Eleven Crore Two Lakh Forty-Two Thousand Nine Hundred Eighty) fully paid-up equity shares of the Company having face value of ₹1/- each, at an issue price of ₹7.80/- per equity share, including a premium of ₹6.80/- per equity share, aggregating up to ₹85,98,95,244/- (Rupees Eighty-Five Crore Ninety-Eight Lakh Ninety-Five Thousand Two Hundred Forty-Four only), to the existing shareholders of Ampivo, for consideration other than cash. The proposed transaction shall be undertaken by way of a share-swap arrangement and, accordingly, no cash consideration shall be received by the Company pursuant to the proposed preferential issue. Further, the Board take note of the valuation report issued by Independent Valuer Name: Ms. R. Abinaya, Chartered Accountant , Registration No.: IBBI/RV/02/2020/13325 The Company has entered into a Share Purchase and Subscription Agreement with Ampivo and its shareholders in relation to the proposed transaction. The requisite disclosure under Regulation 30 of the SEBI Listing Regulations is enclosed as Annexure III. 5. Cut-off date for remote e-voting: The Board fixed Wednesday, September 23, 2026 as the cut-off date for determining the eligibility of Members to participate and vote through remote e-voting in respect of the resolutions proposed to be considered at the 34th AGM. The remote e-voting period shall commence on Sunday, September 27, 2026 at 09:00 A.M. and shall end on Tuesday, September 29, 2026 at 05:00 P.M. 6. The Board approved Wednesday, September 30, 2026 at 12:00 Noon as the date and time for convening the 34th AGM of the Company through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”), in accordance with the applicable provisions of the Companies Act, 2013, rules made thereunder and applicable regulatory requirements. 7. The Notice convening the 34th AGM of the Company, together with the explanatory statement and other related matters, in accordance with the applicable provisions of the Companies Act, 2013; 8. The closure of the Register of Members and Share Transfer Books of the Company on 25.09.2026 (One day only)for the purpose of the 34th AGM, in accordance with the applicable provisions of Section 91 of the Companies Act, 2013; 9. The appointment of NSDL for providing E-voting facility in respect of the 34th Annual General Meeting of the Company. 10. The appointment of Mr. Shaik Ibraheem proprietor of M/s. SI and Associates as Scrutinizer for the Voting process for the 34thAnnual General Meeting of the Company pursuant to Section 108 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014. The disclosures required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and the SEBI Master Circular dated 11th July, 2023 (as amended) in respect of the above matters are enclosed as Annexures I to III. The Meeting of the Board commenced at 5:30 p.m and concluded at 6:30 p.m. Kindly take the above information on record. Thanking You, Yours Faithfully, For Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) Diksha Omer Company Secretary ANNEXURE I Disclosure regarding appointment of Statutory Auditor pursuant to Regulation 30 of the SEBI Listing Regulations Name of the Auditor M/s. SVRL & Co., Chartered Accountants Firm Registration Number 016182S Reason for change Not applicable – Fresh appointment for a full term of five years, (resignation, death or following the approval accorded earlier by Members through removal) Postal Ballot to fill a casual vacancy caused by resignation of the erstwhile Statutory Auditor, M/s. Brahmayya & Co., Chartered Accountants, w.e.f. 14th November, 2025 Date of appointment/re- From the conclusion of the 34th Annual General Meeting until the appointment & term conclusion of the 39th Annual General Meeting (five (5) consecutive years), subject to Members' approval Brief profile (in case of new M/s. SVRL & Co., Chartered Accountants is a firm empanelled to appointment) conduct statutory audits of listed entities; details of qualification, experience and eligibility certificate are on record with the Company Disclosure of relationships Not applicable between directors (in case of appointment of a director) ANNEXURE II [Showing first 8,000 characters — download PDF for full document]