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Bartronics India Ltd. — Board/Management Information 2025
Sep 23, 2025
64057_rns_2025-09-23_77f45a53-f53d-47b6-bb3d-548bba4b6419.pdf
Board/Management Information
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Date- 23[rd] September, 2025
| To,BSE Limited,Listing Department, P.J. Towers, DalalStreet, Mumbai – 400 001Scrip Code: 532694 | To,National Stock exchange of India Limited,Exchange Plaza, C-1, Block G,Bandra Kurla Complex, Bandra (E)Mumbai – 400 051Symbol: ASMS |
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Dear Sir/Madam,
Sub: Outcome of the Board Meeting held on 23[rd] September, 2025 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of Bartronics India Limited was held on Tuesday, 23[rd] September, 2025 inter-alia considered and approved the following business transaction:-
1. Approval of Memorandum of Understanding with Huwel Life Sciences Private Limited
- The Board approved the execution of a Memorandum of Understanding with Huwel Life Sciences Private Limited for a proposed strategic equity investment of up to ₹50 Crores (Rupees Fifty Crores only) to be made in tranches. Upon completion, Bartronics India Limited will hold up to 15% of the fully diluted equity share capital of Huwel.
The proposed investment, to be made in tranches and subject to detailed due diligence, execution of definitive agreements, and receipt of necessary statutory, regulatory, and corporate approvals (if required).
This collaboration aimed at supporting future growth, innovation, and collaborative business opportunities.
2. Proposal for Change of Name of the Company
The Board approved a proposal to initiate steps for application to change the name of the Company, subject to the approval of shareholders, statutory authorities, and other applicable approvals.
3. Incorporation of a Wholly Owned Subsidiary (WOS) in India
The Board approved the incorporation of a Wholly Owned Subsidiary (WOS) in India to enhance operational efficiency, pursue new business opportunities, and support the Company’s long-term growth strategy.
The Meeting of the Board of Directors of the Company commenced at 3:20 p.m. (IST) and concluded at 4:05 p.m. (IST).
This is for your information and Records.
Thanking You,
Yours Faithfully,
For Bartronics India limited
DIKSHA Digitally signed by DIKSHA OMER OMER Date: 2025.09.23 16:23:03 +05'30' Diksha Omer Company Secretary