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IT - Software, Small Cap

Bartronics India will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Avio Smart Market Stack (ASMS) (formerly known as Bartronics India) has received a purchase order from Indian Overseas Bank for the implementation of Corporate Business Correspondent (CBC) services under the Bank's Financial Inclusion Technology initiative.

The order has been awarded pursuant to ASMS' participation in the Bank's RFP process and covers engagement, deployment, and management of Business Correspondent Agents (BCAs), along with cash handling and field-level service delivery. The contract is valid for an initial period of three years, with provision for extension based on performance and at the discretion of the Bank.

Under the mandate, ASMS will undertake end-to-end responsibility for onboarding, training, and monitoring of BCAs, along with ensuring compliance driven and secure delivery of banking services across rural and semi-urban locations. The deployment will be supported by technology infrastructure including micro-ATMs, biometric authentication devices, and integration with the Bank's financial inclusion systems.

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Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a strategic MOU with Aquasafra Holdings, Inc. (AHI) and Waterfield Farms, Inc. (WFI), USA, to explore the development of technology-driven aquaculture and fisheries ecosystems.

Headquartered in the United States, Aquasafra has developed specialized capabilities in high-performance tilapia genetics, including hybrid seed stock designed for faster growth cycles, higher survival rates, and resilience across diverse farming conditions. Its operating model integrates broodstock development, feed optimization, farm design, and production systems, along with technical advisory and training enabling scalable, commercially viable aquaculture deployments across regions.

This collaboration brings together ASMS's rural distribution infrastructure and digital ecosystem spanning over 5,000 villages and a connected base of millions of rural participants with Aquasafra's US-based aquaculture expertise, spanning advanced fish genetics, hatchery systems, and integrated aquaculture and aquaponics solutions, backed by over three decades of industry experience.

As part of this initiative, the companies will explore the establishment of regionally adapted hatcheries for high-performance tilapia seed production, deployment of modern aquaculture systems, and integration of aquaponics-based models for climate-resilient agriculture.

The collaboration will also evaluate feed optimization partnerships, lake and reservoir stocking programs, and structured capacity-building initiatives for farmers, cooperatives, and agri-entrepreneurs.

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 Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a strategic partnership with Kissan Agri Mall to accelerate the deployment of a technology-driven agri-retail and supply chain ecosystem under Project AVIO Agritech.

The partnership brings together ASMS's deep rural distribution network, digital infrastructure, and financial inclusion capabilities with Kissan Agri Mall's strong on-ground presence in agri-input retail and farmer engagement. Together, the companies aim to build a scalable ?phygital? platform integrating agri-input distribution, advisory services, output market linkages, and post-harvest infrastructure.

ASMS has established a significant presence across 5000 villages in India through its financial inclusion network, and, under Project AVIO Agritech, the company is expanding into agriculture, sustainability, and rural commerce by partnering with domain experts across the ecosystem.

Under this collaboration, both companies will explore opportunities across the agricultural value chain, including technology-enabled farmer onboarding and engagement, expansion of agri-input retail and advisory services, development of structured output linkages and export facilitation, strengthening of supply chain and warehousing infrastructure, integration of financial inclusion and embedded agri-financing solutions, private label development, franchise-led expansion into new geographies, and the advancement of climate-smart agriculture and sustainability initiatives.

This partnership is expected to enhance last-mile agri-retail penetration, improve supply chain efficiencies, and enable more structured market access for farmers across multiple regions. The MoU establishes a framework for collaboration and does not create binding obligations between the parties. Specific initiatives arising from the partnership will be implemented through subsequent definitive agreements.

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