Avio Smart Market Stack Limited has entered into a strategic partnership with StandardWings Technologies Pvt. Ltd. to jointly develop AI-powered digital infrastructure aimed at transforming India's agricultural and rural ecosystem. The collaboration leverages Avio Smart Market Stack Limited's extensive rural network, which spans over 5,000 villages and provides access to nearly 4 crore farmers and rural residents, alongside StandardWings' technological capabilities in Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT).

Strategic Collaboration and Objectives

The Memorandum of Understanding (MoU) outlines the intent to explore the development of scalable digital infrastructure supporting sustainable agriculture, climate initiatives, rural commerce, and financial inclusion. Key proposed technology initiatives under the partnership include:

Technology and Expertise

StandardWings Technologies brings over a decade of experience, having delivered more than 300 digital transformation projects for over 150 clients across sectors such as agriculture, government, and healthcare. Its portfolio includes digital auditing and traceability solutions for Cotton Connect and AI-powered reporting for data management involving over 200,000 farmers. The company also serves the Maharashtra Government and National Health Mission, providing AI, IoT, and cloud-based solutions to enhance operational efficiency.

Leadership Perspective

Dr. Raja Krishna Murthy M, Head – Agri Tech Business at Avio Smart Market Stack Limited, emphasized the transformative potential of the partnership. He stated that combining ASMS's deep rural reach with StandardWings' technology capabilities aims to build scalable digital solutions. These solutions are intended to empower farmers through better advisory services, improved market access, climate resilience, and data-driven decision-making.

Future Engagements

The MoU signifies a mutual intent to explore opportunities in rural technology and digital agriculture. Any future projects or commercial engagements resulting from this collaboration will be governed through separate definitive agreements. Avio Smart Market Stack Limited, formerly known as Bartronics India Limited, continues to build a unified rural operating system integrating financial inclusion, agriculture, and healthcare to empower underserved communities.

Avio Smart Market Stack Limited has secured shareholder approval to re-appoint Mr. Krishna Kishore Madicharla as an Independent Director. The resolution was passed with an overwhelming majority during a postal ballot process conducted via remote e-voting, which concluded on June 26, 2026. This decision ensures the continuity of leadership within the company's governance structure.

The postal ballot notice was issued on May 27, 2026, under Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting period was open from May 28, 2026, to June 26, 2026, allowing shareholders holding shares as of the cut-off date of May 22, 2026, to participate. The Scrutinizer's Report, submitted by Shaik Ibraheem of SI and Associates, confirmed the validity of the process.

Voting Results Summary

The special resolution regarding the re-appointment of Mr. Krishna Kishore Madicharla (DIN: 07582428) received significant support from the shareholders. The total number of votes polled far exceeded the votes cast against the resolution, reflecting strong investor confidence in the director's continued tenure.

The Scrutinizer verified the votes cast in favour or against the resolution based on reports generated from the E-Voting System provided by National Securities Depository Limited (NSDL). Following the review, the votes were unblocked on June 27, 2026, and the results were declared on June 29, 2026. The resolution is deemed to have been passed on the last date of remote e-voting, June 26, 2026.

The detailed results and the Scrutinizer's Report have been made available on the company's website and the NSDL e-voting portal for shareholder reference.