Penny stock under Rs 20: Board to Approve Name Change, Related Party Transactions and Borrowing Proposal

DSIJ Intelligence-1 / 10 Dec 2025/ Categories: Multibaggers, Penny Stocks, Trending

Penny stock under Rs 20: Board to Approve Name Change, Related Party Transactions and Borrowing Proposal

From Rs 1.95 to Rs 11.46 per share, the stock gave multibagger returns of 488 per cent in 5 years.

The Board of Directors of Bartronics India Limited is scheduled to meet on Friday, December 12, 2025, to address several key business items. High on the agenda is the proposal to change the company's name to "Avio Smart Market Stack Limited" (or an alternate name approved by the Registrar of Companies), which follows an earlier intimation dated September 23, 2025, and is subject to all necessary approvals. Additionally, the Board will consider and approve Material Related Party Transactions in compliance with Section 188 of the Companies Act, 2013, Regulation 23 of the SEBI (LODR) Regulations, 2015, and IND AS 24, all contingent upon shareholder approval and other requisite clearances. Finally, the Board will review and approve a proposal for Company borrowing pursuant to Section 180(1)(c) of the Companies Act, 2013, which also requires shareholder and other necessary approvals.

With DSIJ's Penny Pick, you gain access to carefully researched Penny Stocks that could be tomorrow’s leaders. Ideal for investors seeking high-growth plays with minimal capital. Click here to download the PDF guide

About the Company

Bartronics is a leading brand specialised in digital Banking, financial inclusion and identity management technologies. With its focus on agritech, automation and intelligent systems, the company is expanding its global footprint while delivering sustainable impact through technology. The brand caters to 1 million+ customers.

Bartronics India delivered a strong performance in Q2FY26, marking a clear continuation of its operational turnaround. Revenue from operations rose sharply to Rs 1,239.67 lakh, registering 40 per cent year-on-year as well as 40 per cent sequential growth. This was supported by stronger field execution, improved on-ground productivity, and better conversion across key financial inclusion schemes. The company reported a net profit of Rs 100.43 lakh for Q2, compared to Rs 44.71 lakh in Q1, reflecting enhanced operating leverage and disciplined cost management. For the half year ended 30 September 2025, revenue stood at Rs 2,122.98 lakh, broadly stable compared to the previous year, while profit after Tax increased 27 per cent YoY to Rs 145.14 lakh, indicating a more resilient and structurally stronger profitability profile.

In September 2025 Quarter (Q2FY26), FIIs bought 9,74,924 shares of the company and increased their stake to 1.68 per cent compared to the June 2025 Quarter (Q1FY26). The stock’s 52-week high is Rs 24.62 per share while its 52-week low is Rs 11 per share. The company has a market cap of over Rs 340 crore. From Rs 1.95 to Rs 11.46 per share, the stock gave multibagger returns of 488 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.