India, March 2 -- Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has entered into a Share Subscription-cum-Shareholders' Agreement with Hyderabad-based Huwel Lifesciences, following the Memorandum of Understanding signed between the two companies in September 2025.
Under the agreement, ASMS will acquire a minority stake in Huwel Lifesciences and work jointly on business development and project execution initiatives. As part of the arrangement, ASMS will be entitled to a predefined share of net project revenues generated from orders secured through its institutional outreach and business development efforts.
Huwel Lifesciences' tuberculosis diagnostic platform recently underwent a Health Technology Asse...