Avio Smart Market Stack Limited Receives Purchase Order from Indian Overseas Bank
Mumbai, India – March 25, 2026 – Avio Smart Market Stack Limited, formerly known as Bartronics India Limited, announced today that it has received a Purchase Order from Indian Overseas Bank. The order is for the provision of Corporate Business Correspondent services for the engagement and management of Business Correspondent Agents (BCAs) under Financial Inclusion Technology.The contract, awarded to a domestic entity, is a service contract for Financial Inclusion – Corporate Business Correspondent Services. The agreement’s duration is three years and is renewable at the bank’s discretion. Payment will be released monthly based on transaction reports from the bank’s Central Banking System (CBS) server.
The company confirmed that neither the promoter group, group companies, nor any related parties have any interest in Indian Overseas Bank. The order falls within the normal course of business for Avio Smart Market Stack Limited.
Key Details of the Purchase Order:
| Detail | Information |
|---|---|
| Awarding Entity | Indian Overseas Bank |
| Contract Description | Corporate Business Correspondent Services for BCA Management |
| Entity Type | Domestic |
| Contract Duration | 3 years, with renewal options |
| Payment Terms | Monthly, based on transaction reports |
| Promoter/Group Company Interest | None |
| Related Party Transaction | Not Applicable |
| Course of Business | Yes |
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