Bartronics India Receives Approval to Acquire 51% Stake in Fresh Produce Aggregator Ayou

1 min read     Updated on 12 Jan 2026, 12:02 PM
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Overview

Bartronics India Ltd has obtained approval to acquire a 51% majority stake in Ayou, a fresh produce aggregator company. This strategic acquisition marks the company's entry into organized agricultural trade through Project Avio Agritech initiative. The investment is aimed at unlocking growth opportunities and export potential in the agricultural sector, representing a significant diversification move for Bartronics into the agritech space.

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Bartronics India Ltd has received regulatory approval to acquire a majority 51% stake in Ayou, a fresh produce aggregator, marking a significant strategic expansion into the agricultural technology sector.

Strategic Entry into Agricultural Trade

This acquisition represents Bartronics India's inaugural step into organized agricultural trade through its Project Avio Agritech initiative. The move signals the company's diversification strategy beyond its traditional business segments into the rapidly growing agritech sector.

Transaction Details: Information
Acquisition Stake: 51%
Target Company: Ayou (Fresh Produce Aggregator)
Strategic Initiative: Project Avio Agritech
Sector Focus: Organized Agricultural Trade

Investment Objectives and Growth Potential

The strategic investment is designed to capitalize on multiple growth avenues within the agricultural value chain. The acquisition aims to:

  • Establish a foothold in the organized fresh produce aggregation market
  • Leverage Ayou's existing infrastructure and market presence
  • Create synergies between technology solutions and agricultural trade
  • Build a platform for future expansion in the agritech ecosystem

Export Market Opportunities

The investment is specifically positioned to unlock export potential in the fresh produce segment. By acquiring a majority stake in Ayou, Bartronics India gains access to established supply chain networks and market relationships that could facilitate international trade opportunities.

This strategic move aligns with the growing demand for organized agricultural trade platforms and positions the company to benefit from the increasing digitization of India's agricultural sector. The Project Avio Agritech initiative represents a focused approach to building capabilities in this emerging market segment.

Historical Stock Returns for Bartronics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%-6.25%-1.49%-13.73%-50.57%-14.77%
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Bartronics India Proposes Name Change to Avio Smart Market Stack Limited

2 min read     Updated on 08 Jan 2026, 02:54 PM
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Reviewed by
Naman SScanX News Team
Overview

Bartronics India has issued a comprehensive postal ballot notice seeking shareholder approval for major corporate changes including a name change to Avio Smart Market Stack Limited, enhanced borrowing powers up to ₹250 crores, and a material related party transaction worth ₹100 crores with promoter Kinex India Private Limited.

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Bartronics India Limited has issued a comprehensive postal ballot notice dated January 8, 2026, seeking shareholder approval for five special resolutions including a proposed name change, enhanced borrowing powers, and material related party transactions. The company filed regulatory disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Corporate Name Change

The board has approved changing the company name from "Bartronics India Limited" to "Avio Smart Market Stack Limited" to align with its business profile and strategic direction. The name change requires shareholder approval through special resolution and regulatory approvals from the Ministry of Corporate Affairs.

Name Change Details: Specifications
Current Name: Bartronics India Limited
Proposed Name: Avio Smart Market Stack Limited
Resolution Type: Special Resolution
Regulatory Approval: Required from MCA

Enhanced Borrowing Powers

Shareholders will vote on increasing the company's borrowing limit to ₹250.00 crores under Section 180(1)(c) of the Companies Act, 2013. The proposal includes powers to create mortgage and charge on company assets to secure borrowings from banks, financial institutions, and other lenders.

Borrowing Framework: Amount/Details
Maximum Borrowing Limit: ₹250.00 crores
Current Authorization: Requires shareholder approval
Security Creation: Mortgage/charge on assets
Lender Categories: Banks, FIs, other institutions

Material Related Party Transaction

The company seeks approval for borrowing up to ₹100.00 crores from Kinex India Private Limited, its promoter holding 69.37% stake. The transaction qualifies as material under SEBI regulations, representing 250% of the company's annual consolidated turnover for FY2024-25.

Related Party Transaction: Details
Counterparty: Kinex India Private Limited
Relationship: Promoter (69.37% stake)
Transaction Limit: ₹100.00 crores
Purpose: Working capital requirements
Terms: Arm's length basis

Share Capital Restructuring

The postal ballot includes reclassification of the existing authorized share capital of ₹110.00 crores without changing the overall limit. The restructuring will divide the capital into ₹100.00 crores equity shares and ₹10.00 crores compulsorily convertible preference shares.

Capital Reclassification: Current Proposed
Total Authorized Capital: ₹110.00 crores ₹110.00 crores
Equity Shares: 110.00 crore shares of ₹1 each 100.00 crore shares of ₹1 each
Preference Shares: Nil 1.00 crore CCPS of ₹10 each

E-Voting Timeline and Process

The company has engaged NSDL for electronic voting services with the cut-off date set as January 2, 2026. Mr. Shaik Ibraheem has been appointed as scrutinizer for the postal ballot process.

Voting Schedule: Date/Time
Cut-off Date: January 2, 2026
E-voting Commencement: January 10, 2026 at 9:00 AM
E-voting Conclusion: February 8, 2026 at 5:00 PM
Results Declaration: On or before February 10, 2026

The resolutions will be deemed passed on the last date of e-voting if approved by requisite majority. Results will be displayed on the company website and communicated to stock exchanges simultaneously.

Historical Stock Returns for Bartronics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%-6.25%-1.49%-13.73%-50.57%-14.77%
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