Disclosure of material issue

Avio Smart Market Stack (ASMS) has invested ₹1 Crore to acquire a 25.75% equity stake in Shree Naganarasimha Private Limited (SNN). SNN, incorporated in Dec 2022, operates in the Agro & Food Products sector, covering processing, manufacturing, and trading of various food items. **Issue:** ASMS is making a strategic equity investment in a newer company. **Impact:** This move aims to generate operational and financial synergies for ASMS.

SNN has demonstrated rapid growth, with turnover increasing significantly from ₹1.39 Cr in FY23 to ₹4.94 Cr in FY24 and ₹11.48 Cr in FY25, indicating potential for strong future returns from this investment. **Company's Response:** ASMS confirms the acquisition is at arm's length, not a related party transaction.

The first tranche of the investment is complete, with remaining tranches to follow per the Shareholders’ Agreement.

This shows a structured approach to integrating the investment.