NSEGeneral Updates15 Jul 2026 · 15 Jul 2026, 04:49 pm
General Updates
Avio Smart Market Stack Limited · ASMS
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Avio Smart Market Stack Limited has revised its disclosure regarding its investment in Huwel Lifesciences Private Limited, correcting the amount of investment and percentage of shareholding.
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BARTRONICS1_15072026164922_Revised_Investment_in_Huwel.pdf
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Date: 15th July, 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: Revised Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 in reference of earlier intimations dated
April 08, 2026
With reference to our disclosure dated 08th April, 2026 submitted under Regulation 30 of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations") with respect to the Company's investment in
Huwel Lifesciences Private Limited ("Huwel").
The Company wishes to inform the Stock Exchanges that certain particulars relating to the
amount of investment and percentage of shareholding disclosed in the intimation dated April
08, 2026 require revision.
Accordingly, it is hereby clarified that the Company has made a further investment in Huwel
Lifesciences Private Limited aggregating to INR 7,50,00,400/- (Indian Rupees Seven Crore
Fifty Lakhs Four Hundred Only) instead of INR 4,00,00,000 (Indian Rupees Four Crore
Only) .
Pursuant to the said investment, the Company has acquired 2.06% of the paid-up equity share
capital of Huwel. The remaining terms and conditions of the investment, including the mode
of consideration and the purpose of investment, remain unchanged.
The revised disclosures pursuant to Regulation 30 of the Listing Regulations read with Part A
of Schedule III thereof are enclosed herewith as Annexure – A.
Except for the above revisions, all other disclosures made in the earlier intimations shall
remain unchanged.
This is for your information and Records.
Thanking You,
Yours Faithfully,
For Avio Smart Market Stack limited
(Formerly Known as Bartronics India Limited)
Diksha Omer
Company Secretary
Annexure – A
Particulars Details
Name of the target entity M/s Huwel Lifesciences Private Limited (“Huwel”)
Whether the acquisition would fall The acquisition does not fall within the ambit of
within related party transactions related party transactions. The promoter/promoter
and whether the group/group companies have no interest in the
promoter/promoter group has any target entity.
interest in the entity being acquired
Industry to which the entity being Lifescience and Health
acquired belongs
Objects and effects of acquisition To derive operational and financial synergies.
brief details of any governmental or Not Applicable
regulatory approvals required for
the acquisition
indicative time period for Acquisition has been completed
completion of the acquisition
Whether the acquisition is at arm’s Yes, the acquisition is to be at arm’s length basis.
length
Details of consideration INR 7,50,00,400/- (Indian Rupees Seven Crore Fifty
Lakhs Four Hundred Only).
Mode of consideration Cash
Percentage of shareholding/control 2.06% of the paid-up equity share capital of Huwel.
acquired
Cost of acquisition or the price at The Company will get 9665 equity shares at a price
which shares are acquired of INR 7760/- per share, including a premium of
INR 7750/- per share
brief background about the entity Date of incorporation: Huwel Lifesciences Private
acquired in terms of products/line Limited, (CIN: U33111TG2015PTC097596) is a
of business acquired, date of Private company incorporated on 10/02/2015.
incorporation, history of last 3 years
turnover, country in which the Brief background: The Target Entity is engaged in
acquired entity has presence and the business of development, manufacturing, and
any other significant information supply of molecular diagnostic kits, medical
devices, and in-vitro diagnostic solutions.
And serves hospitals, laboratories, and research
institutions by providing products for disease
detection and healthcare testing.
Turnover: 2022-23 - 12.11 Cr.
2023-24 - 4.94 Cr.
2024-25 - 15.74 Cr.
Country: Patancheru, Telangana, India