Avio Smart Market Stack Limited (formerly Bartronics India Limited) has completed its first tranche equity investment of INR 7,50,00,400 in Huwel Lifesciences Private Limited, acquiring 9,665 equity shares at INR 7,760 per share (including INR 7,750 premium).
This 2.11% stake in Huwel, a Telangana-based molecular diagnostics firm (CIN: U33111TG2015PTC097596, incorporated February 10, 2015), targets operational and financial synergies. Huwel develops, manufactures, and supplies diagnostic kits, medical devices, and in-vitro solutions for hospitals, labs, and research institutions, with turnover of Rs 12.11 Cr (FY23), Rs 4.94 Cr (FY24), and Rs 15.74 Cr (FY25).
The arm's-length transaction involves no related party elements, promoter interests, or regulatory approvals.