Avio Smart Market Stack Acquisition Worth ₹14 Cr
Avio Smart Market Stack agreed to invest Rs 1,400 lakh in unlisted Ampivo Smart Technologies. Funds come from rights issue proceeds for customer acquisition and technology.
- Value
- ₹14.00 Cr
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Time
5 announcements
Avio Smart Market Stack agreed to invest Rs 1,400 lakh in unlisted Ampivo Smart Technologies. Funds come from rights issue proceeds for customer acquisition and technology.
Avio Smart Market Stack Ltd has entered into a Share Purchase and Subscription Agreement to acquire an additional 43.44% stake in Ampivo Smart Technologies. The deal involves a share-swap arrangement at an issue price of Rs. 7.80 per share.
Avio Smart Market Stack Ltd is acquiring a 43.44% stake in Ampivo Smart Technologies for Rs. 85.98 Crore. The transaction will be executed through a share swap.
Avio Smart Market Stack Limited invested ₹4.00 Crore in Huwel Lifesciences Private Limited, acquiring 5,154 equity shares at ₹7760 per share. This tranche represents a 1.11% stake in Huwel, a molecular diagnostics and medical device manufacturer. The investment aims to leverage operational and financial synergies in the lifescience and healthcare sectors.
Avio Smart Market Stack Limited (formerly Bartronics India) invested ₹1.00 Crore in Shree Naganarasimha Private Limited, acquiring a 20.48% stake. This strategic investment in the agro and food products manufacturer aims to leverage operational and financial synergies.