Bartronics India Ltd. — Capital/Financing Update 2024

Oct 8, 2024

To, To, The Manager, Listing Department, The Manager, Listing Department, BSE Ltd., Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Exchange Dalal Street, Fort, Mumbai-400001. Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051. Scrip Code: 532694 Symbol: ASMS

Dear Sir/Madam,

• Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Reg

Ref: Intimation of the company dated May 30, 2024

Pursuant to the approval of the Board at its meeting dated May 27, 2024 and pursuant to Regulation 30(6) read with Schedule III of the Listing Regulations, we wish to inform you that the Board of Directors of the Company has made the equity investment in the Ampivo Smart Technologies Private Limited, and acquired 2136 equity shares at the rate of Rupees. 7020/- each including the premium.

The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No CIR/CFD/CMD/4/2015 dated 09/09/2015 are given as Annexure-I.

We request you to take this on record and to treat the same as compliance with the applicable provisions of the Listing Regulations.

For, Bartronics India Limited

ASHWANI Digitally signed by ASHWANI SINGH BISHT SINGH BISHT Date: 2024.10.08 18:51:08 +05'30' Ashwani Singh Bisht Company Secretary & Compliance Officer M.No: A72076

Sr. No.	Particulars	Particulars
1	Name of the target entity, details in brief such as size, turnover etc.	Ampivo Smart Technologies Private Limited (Formerly known as Ampivo Technologies Private Limited) is a new age digital health-tech based out of Hyderabad, Telangana with focus on providing innovative solutions which make deep social impact. The company was incorporated on May 11, 2022 and is presently valued at Rs. 75.76 Crores.
2	whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	The acquisition does not fall within related party transaction
3	industry to which the entity being acquired belongs	Health-Tech
4	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	Objective of the said investment is to diversify the business, and enter into the health care technology.
5	brief details of any governmental or regulatory approvals required for the acquisition	NA
6	indicative time period for completion of the acquisition;	Board approved the Investment on 27.05.2024
7	nature of consideration whether cash consideration or share swap and details of the same	Not Applicable
8	cost of acquisition or the price at which the shares are acquired	Cost of Acquisition : Rs. 1,49,94,720 Price per share: Rs.7020/- (including premium of Rs.7010/-per share).
9	Percentage of shareholding / control acquired and / or number of shares acquired;	Bartronics India Limited acquired 2136 equity shares of Rs.10/- each- with this allotment – Bartronics India Limited holding 6.47% paid up capital in Ampivo Smart Technologies Private Limited.
10.	brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information(in brief);	Ampivo Smart Technologies Private Limited (Formerly known as Ampivo Technologies Private Limited) is a new age digital health-tech based out of Hyderabad, Telangana with focus on providing innovative solutions which make deep social impact. The company was incorporated on May 11, 2022 and is presently valued at Rs. 75.76 Crores.