Shareholders meeting

Date: 04th 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, Subject: Notice convening the 34th Annual General Meeting (“AGM”) of the Company The 34th AGM of the Company will be held on Wednesday, September, 30 2026 at 12:00 noon (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”). Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we are submitting herewith the Annual Report 2025-26 containing the Notice convening the 34th AGM for the financial year 2025-26 which is being sent through electronic mode to the Members, who have registered their e-mail addresses with the Company/Depositories. The Annual Report 2025-26 containing the Notice is also uploaded on the Company’s website https://aviostack.in Thanking You, Yours Faithfully, For Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) Diksha Omer Company Secretary 34th Annual Report 2025-26 AVIO SMART MARKET STACK LIMITED TABLE OF CONTENTS CONTENTS PAGE NO. Corporate Information 3-4 Notice of AGM 5-34 Director’s Report 35-45 Management Discussion & Analysis Report 46-56 MR-3(Secretarial Audit Report) 57-62 Report on Corporate Governance 63-91 Auditors Report & Financials (Standalone & Consolidated) 92-201 34th Annual Report 2025-26 C O R P O R AT E I N F O R M AT I O N BOARD OF DIRECTORS & KEY MANAGERIAL PERSONNEL: Mr. N. Vidhya Sagar Reddy Chairman & Managing Director Mr. Krishna Kishore Madicharla Non-Executive Independent Director Ms. Sujata Cyril Borde Non-Executive Independent Director (Resigned w.e.f 28.03.2026) Mr. Ganesh Balaji Lakshmanan Non-Executive Independent Director Mr. Iswar Chandra Mishra Non-Executive Independent Director Mr. Panidapu Lakshmi Naga Srinivasa Rao Non-Executive Independent Director (Appointed w.e.f 19.06.2025) Ms. Gaddam Naveena Non-Executive - Non Independent Director Ms. Vilasitha Dandamudi Non-Executive - Non Independent Director Ms. Kosuri Kanaka Ramya Chief Financial Officer Ms. Diksha Omer Company Secretary & Compliance Officer AVIO SMART MARKET STACK LIMITED STATUTORY AUDITORS: REGISTRAR & SHARE TRANSFER AGENTS: M/s. SVRL & Co., Chartered Accountants M/s Bigshare Services Private Limited 2nd Floor, SNR Towers, Nagarjuna Hills, 306, Right Wing, 3rd Floor, Amrutha Ville, Panjagutta, Hyderabad- 500082. Opp: Yashoda Hospital, Raj Bhavan Road, Email-admin@svrlandco.com Somajiguda, Hyderabad - 500 082. Phone No.: 040-23374967 SECRETARIAL AUDITOR: Email: bsshyd@bigshareonline.Com M/s. SI and Associates Company Secretaries Website: www.bigshareonline.com 6-3-634, 3rd Floor, Green Channel Apartment, Khairtabad, Hyderabad, Telangana -500004 REGISTERED OFFICE: Trendz Atria House No. 3-196/NR, INTERNAL AUDITOR: Plot No. 196, 4th Floor, M/s. Kommula & Co. Survey No. 48 Part, Chartered Accountants, Hyderabad Guttala Begumpet Village, Kavuri Hills, F. No. S506, SVSS Nivas, Czech Colony, Madhapur, Serilingampally Mandal, Street No.01, Sanathnagar, Hyderabad-18 Ranga Reddy District, Hyderabad, Telangana – 500081 LISTING DETAILS: BSE Limited (Scrip code-532694) CONTACT DETAILS: National Stock Exchange of India Limited Tel +91 (0)40-49269269 (NSE) (Symbol-ASMS) E-Mail: info@aviostack.com ISIN: INE855F01042 Website: www.aviostack.in BANKER: State Bank of India COMPOSITION OF COMMITTEES: AUDIT COMMITTEE: Mr. Krishna Kishore Madicharla Chairman Ms. Sujata Cyril Borde Member (Resigned w.e.f 28.03.2026) Mr. N. Vidhya Sagar Reddy Member Mr. Panidapu Lakshmi Naga Srinivasa Rao Member (Appointed w.e.f 01.04.2026) NOMINATION & REMUNERATION COMMITTEE: Ms. Sujata Cyril Borde Chairman(Resigned w.e.f 28.03.2026) Mr. Panidapu Lakshmi Naga Srinivasa Rao Chairman (Appointed w.e.f 01.04.2026) Mr. Krishna Kishore Madicharla Member Ms. Vilasitha Dandamudi Member STAKEHOLDER RELATIONSHIP COMMITTEE: Mr. Krishna Kishore Madicharla Chairman Ms. Sujata Cyril Borde Member(Resigned w.e.f 28.03.2026) Ms. Vilasitha Dandamudi Member Mr. Panidapu Lakshmi Naga Srinivasa Rao Member (Appointed w.e.f 01.04.2026) RISK MANAGEMENT COMMITTEE: Mr. N. Vidhya Sagar Reddy Chairman Mr. Krishna Kishore Madicharla Member Ms. Vilasitha Dandamudi Member 34th Annual Report 2025-26 NOTICE OF 34th ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 34TH ANNUAL GENERAL MEETING OF THE MEMBERS OF AVIO SMART MARKET STACK LIMITED (FORMERLY KNOWN AS BARTRONICS INDIA LIMITED) WILL BE HELD ON WEDNESDAY, 30TH DAY OF SEPTEMBER, 2026 AT 12:00 NOON. THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. To receive, consider, approve and adopt the Standalone Audited Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Report of Auditors and Directors thereon. 2. To appoint a director in place of Ms. Vilasitha Dandamudi (DIN: 08272465), who retires by rotation and being eligible, offers herself for re-appointment . To consider and if thought fit, to pass with or without modification (s), the following resolution as an Ordinary Resolution: “RESOLVED THAT Ms. Vilasitha Dandamudi (DIN: 08272465), who retires by rotation and who is eligible for re- appointment as per her existing terms, be and is hereby re-appointed as Director.” SPECIAL BUSINESS: 3. To approve the appointment of M/s. SVRL & Co., Chartered Accountants as statutory auditor of the Company. To consider and if thought fit, to pass with or without modification the following Resolution as an Ordinary Resolution : “RESOLVED THAT pursuant to the provisions of Section 139, Section 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and pursuant to the recommendation of the Audit Committee and the Board of Directors, the consent of the Members of the Company be and is hereby accorded for the appointment of M/s. SVRL & Co., Chartered Accountants (Firm Registration No. 016182S) as the Statutory Auditors of the Company, to hold office for a term of five (5) consecutive years, commencing from the conclusion of this 34th Annual General Meeting until the conclusion of the 39th Annual General Meeting of the Company to be held thereafter, at such remuneration, reimbursement of out-of-pocket expenses and applicable taxes as may be mutually agreed upon between the Board of Directors (including the Audit Committee thereof) and the Statutory Auditors. RESOLVED FURTHER THAT the aforesaid appointment is made pursuant to the eligibility certificate and written consent received from M/s. SVRL & Co., Chartered Accountants, confirming that their appointment, if made, shall be in accordance with the conditions prescribed under the Companies Act, 2013 and the rules made thereunder, including the criteria provided under Section 141 of the Companies Act, 2013. RESOLVED FURTHER THAT the Board of Directors of the Company (which term shall include the Audit Committee and any person(s) authorized by the Board) be and is hereby authorized to determine, revise and finalize the remuneration payable to the Statutory Auditors from time to time, including reimbursement of out-of-pocket expenses and applicable taxes, and to do all such acts, deeds, matters and things, execute all such documents, forms and writings, and make all necessary filings with the Registrar of Companies and other authorities as may be necessary or expedient for giving effect to this resolution. 4. To consider and approve capital raising by issuance of equity shares through Qualified Insti [Showing first 8,000 characters — download PDF for full document]