Bartronics India Limited has informed the Exchange about Acquisition
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Bartronics India Limited (now Avio Smart Market Stack Limited) has made an additional investment of INR 4 crore in Huwel Lifesciences Private Limited, acquiring 5,154 equity shares at INR 7,760 per share (including a premium of INR 7,750 per share). This tranche brings the company's total stake in Huwel to 1.11% of paid-up equity share capital. The acquisition is at arm's length, is not a related party transaction, and the company says the deal has already been partially completed. Huwel is a Hyderabad-based private company incorporated in February 2015, engaged in development, manufacturing, and supply of molecular diagnostic kits, medical devices, and in-vitro diagnostic solutions. Huwel's turnover fluctuated from INR 12.11 crore (FY23) to INR 4.94 crore (FY24) before recovering to INR 15.74 crore (FY25).
This is a small minority stake purchase (~1.11%) for INR 4 crore, likely a strategic investment in the lifesciences sector aimed at financial synergies rather than a controlling acquisition, so the direct share price impact may be limited.