Avio Smart Market Stack Limited will hold a board meeting on Friday, October 23, 2026, to consider proposals for raising funds through the issue of equity shares or other securities.

The company stated that the proposed capital infusion may occur via a rights issue, preferential issue, or any other mode permitted under applicable law. The final decision remains subject to regulatory and statutory approvals as required.

Insider Trading Window Closure

Pursuant to the Company’s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the company has been closed with effect from October 1, 2026. The window will remain closed until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

This restriction applies to all Designated Persons, their Immediate Relatives, and all Connected Persons covered under the Code of Conduct. The intimation was filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Avio Smart Market Stack Limited passed all resolutions at its 34th Annual General Meeting, including a special resolution to raise up to ₹150 crore through a Qualified Institutions Placement.

The meeting was held on September 30, 2026, via video conferencing. Shareholders approved the adoption of audited financial statements for FY26 and the re-appointment of key directors and auditors.

Capital raising and corporate actions

The most significant approval was the special resolution authorizing capital raising by issuance of equity shares through a Qualified Institutions Placement (QIP) for an aggregate amount up to ₹150 crore. This move signals the company's intent to strengthen its balance sheet or fund expansion initiatives.

Additionally, shareholders approved a preferential issue of equity shares to the shareholders of Ampivo Smart Technologies Private Limited for consideration other than cash. This indicates a strategic consolidation or acquisition activity involving Ampivo Smart Technologies.

Governance and appointments

The AGM also addressed governance matters. Ms. Vilasitha Dandamudi was re-appointed as a director in place of her retirement by rotation. Mr. N. Vidhya Sagar Reddy was re-appointed as Managing Director. The appointment of M/s SVRL and Co., Chartered Accountants, as statutory auditors was also ratified by the members.

Voting results overview

All resolutions were passed with overwhelming majority support from voting members. The table below summarizes the voting outcomes for key special resolutions:

What the numbers show

The near-unanimous support for both the QIP and the preferential issue suggests strong alignment between management and major shareholders on the company's strategic direction. The simultaneous approval of external capital raising (QIP) and internal equity swap (preferential issue) points to a dual-track approach to funding growth and consolidating ownership structures.