Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India , has announced a comprehensive expansion of its agri-tech ecosystem through strategic collaborations under Project AVIO Agritech. The initiative aims to transform the agricultural landscape by leveraging the company's extensive rural network infrastructure to reach up to 20 million farmers across more than 5,000 villages.

Leveraging Existing Rural Infrastructure

ASMS has built a substantial foundation in rural India through its financial inclusion network. The company currently connects with an estimated 40 million rural citizens through a network of over 5,000 banking correspondents across 10 states in India. This existing infrastructure serves as the backbone for the new agricultural initiatives.

Strategic Partnership Framework

The company has entered into multiple Memoranda of Understanding (MoUs) with four specialized organizations to create a comprehensive agri-tech ecosystem. These partnerships bring together expertise across climate services, sustainable agriculture, environmental solutions, and carbon markets.

Key Collaboration Partners

The strategic partnerships include four major collaborations, each contributing specialized capabilities:

Kosher Climate India Private Limited supports carbon project development and access to global voluntary carbon markets, enabling monetization of sustainable farming practices. Enrich Power and Water Technologies focuses on water optimization, solar-powered irrigation, and rural energy solutions to improve resource efficiency and reduce farmers' input costs.

Ecoveda Climate LLP specializes in agroforestry, regenerative agriculture, and nature-based solutions for generating carbon credits and climate-linked income streams. Pranadhaara Agri Smart Solutions (CarbonMint) provides digital farm advisory, mechanization access, and monitoring, reporting and verification (MRV) systems for carbon and sustainability programs.

Integrated Solution Approach

Through these collaborations, ASMS aims to create an integrated platform that addresses multiple aspects of modern agriculture. The initiative covers regenerative agriculture, carbon credit generation, water management, climate advisory, digital farm services, and access to financing. The objective focuses on enabling farmers to improve productivity, reduce input costs, and generate additional income streams linked to sustainability programs.

Implementation Timeline and Geographic Focus

The initial rollout of the initiatives will focus on Maharashtra and Uttar Pradesh, with implementation expected over the next six to twelve months. The deployment will utilize pilot clusters and partner-led models to ensure effective execution across the target regions.

Leadership Perspective

Commenting on the initiative, N. Vidhya Sagar Reddy, Managing Director of ASMS, emphasized the strategic approach: "Over the years, our financial inclusion initiatives have helped us build a strong rural network. Through Project AVIO Agritech, we aim to build services and economic opportunities around that network by working with specialized ecosystem partners across agriculture, climate, and sustainability sectors."

Future Expansion Plans

The partnerships reflect ASMS's broader vision of developing an integrated platform that connects financial services, agricultural programs, and sustainability initiatives. With multiple collaborations already initiated and further partnerships under discussion, the company expects the ecosystem around Project AVIO Agritech to continue expanding in the coming months as it deepens engagement with agricultural and sustainability stakeholders.

Avio Smart Market Stack Limited has announced the completion of a strategic equity investment worth INR 1 crore in Shree Naganarasimha Private Limited (SNN), marking a significant expansion into the agro and food products sector. The investment was disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Investment Details

The company has acquired substantial stake in the target entity through a carefully structured transaction:

Target Company Profile

Shree Naganarasimha Private Limited, incorporated on December 24, 2022, operates in the manufacturing and trading of agro and food products. The company is engaged in comprehensive food processing activities including:

• Processing, producing, mixing, packing, and preserving food products
• Manufacturing of processed foods, beverages, and dry foods
• Trading in health foods, protein foods, and agro foods
• Import and export of various food products and beverages
• Dealing in vegetables, fruits, and nutrient-based food items

Financial Performance

SNN has demonstrated impressive growth trajectory since its incorporation, showing consistent revenue expansion:

The company's turnover has grown significantly from INR 1.39 crore in FY23 to INR 11.48 crore in FY25, reflecting strong business momentum in the agro-food sector.

Strategic Rationale

The acquisition is designed to derive operational and financial synergies between both entities. The investment does not fall within related party transactions, and the promoter group has no existing interest in the target entity. This represents the first tranche of the investment, with remaining tranches to be completed according to the Shareholders' Agreement terms.

Regulatory Compliance

The transaction has been structured in full compliance with regulatory requirements, with no additional governmental or regulatory approvals needed for completion. The company has maintained transparency through proper disclosure under SEBI regulations, following previous intimations dated January 08, 2026, January 23, 2026, and February 16, 2026.