NSEPress Release (Revised)14 Jul 2026 · 14 Jul 2026, 12:01 pm

Press Release (Revised)

Avio Smart Market Stack Limited · ASMS

✦ AI Summary▲ PositiveExpansion

Avio Smart Market Stack Limited has signed a MoU with the Government of Tripura to establish a freeze-drying facility for fruits and vegetables, creating 1,300 jobs and strengthening agri-value chains.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment7/10

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Full Announcement

Avio Smart Market Stack Limited has informed the Exchange regarding a revised press release dated July 14, 2026, titled "Avio Smart Market Stack Signs MoU with Government of Tripura to Set Up Freeze-Drying Facility for Fruits and Vegetables".

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Date: 14.07.2026 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: Submission of Revised Press Release under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is with reference to our intimation submitted earlier today (i.e 14th July, 2026) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that, due to an inadvertent error, some content in press release was not correct with the aforesaid filing. Accordingly, we are submitting herewith the revised and correct Press Release titled:: “Avio Smart Market Stack Signs MoU with Government of Tripura to Set Up Freeze-Drying Facility for Fruits and Vegetables”. A copy of the said Press Release is enclosed herewith as Annexure – I. You are requested to kindly take the above information on record. Yours faithfully, For Avio Smart Market Stack Limited (Formerly Known as Bartronics India Limited) Diksha Omer Company Secretary ANNEXURE-I Avio Smart Market Stack Signs MoU with Government of Tripura to Set Up Freeze-Drying Facility for Fruits and Vegetables  Project expected to create around 1,300 jobs, strengthen agri-value chains and enhance market access for farmers in the Northeast National | July 14, 2026: Avio Smart Market Stack Limited has signed a MoU with the Government of Tripura to establish a state-of-the-art freeze-drying facility for fresh fruits and vegetables, marking a significant step towards strengthening agro-processing infrastructure and creating sustainable livelihood opportunities in the Northeast. As part of the agreement, Avio Smart Market Stack will develop the project titled "A Freeze-Drying Initiative on Fruits and Vegetables for Tripura." The proposed facility is expected to generate direct employment for approximately 500 people and indirect employment for another 800, while creating a robust value chain for the state's horticulture sector by enhancing the shelf life, quality, and marketability of locally grown produce. The initiative aims to address post-harvest losses through advanced freeze-drying technology, enabling farmers to preserve produce for longer periods while unlocking greater value addition. By improving access to premium domestic and international markets, the project is expected to enhance farmer incomes, reduce food waste and contribute to the long-term growth of Tripura's agricultural economy. The MoU was signed with the Government of Tripura during the Destination Tripura Business Conclave 2026, an initiative aimed at attracting investments and accelerating industrial development across the State. As part of the conclave, the Department of Industries & Commerce, Government of Tripura, organised a one-to-one interaction between Professor Dr. Manik Saha, Hon'ble Chief Minister of Tripura, and participating investors, entrepreneurs, and foreign delegates. During the interaction with Dr. Raja Krishna Murthy M, Head – Agri Tech Business, Avio Smart Market Stack Limited received appreciation from the Hon'ble Chief Minister for the proposed project in establishing the freeze-drying facility and its commitment to strengthening Tripura's agri-processing ecosystem. The project reinforces Avio Smart Market Stack's commitment to leveraging technology-driven agricultural solutions that improve farmer incomes, strengthen food processing infrastructure, and promote sustainable economic development through innovation-led value creation. Commenting on the development, Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business, ASMS, said: "This project reflects our commitment to strengthening India's agri-tech infrastructure at the grassroots level. Tripura's rich agricultural base, combined with the state government's proactive support, makes it an ideal location for our freeze-drying facility. We look forward to working closely with local farmers and stakeholders to build a sustainable value chain for fruits and vegetables while bringing advanced food processing technologies closer to the source of production." About Avio Smart Market Stack Limited Avio Smart Market Stack Limited is a diversified platform company focused on building scalable businesses across Financial Inclusion & Digital Services, Agri Supply Chain & Technologies, and Diagnostics & Healthcare. Through its Financial Inclusion division, the Company has established a strong presence across rural India, creating a trusted distribution network. Building on this foundation, the Company is developing a technology- enabled agri ecosystem while leveraging its existing reach. The Company has also entered into a strategic partnership with a cutting-edge molecular diagnostics company to diversify into the high-growth healthcare and diagnostics sector.