Shares of Bartronics India jump after MCA approves incorporation of wholly owned subsidiary-BIL Agritech Pvt Ltd
DSIJ Intelligence-1Categories: Multibaggers, Penny Stocks, Trending
From Rs 4.07 to Rs 12.51 per share, the stock gave multibagger returns of 200 per cent in 5 years.
On Wednesday, shares of Bartronics India Limited (ASMS) jumped 2.90 per cent to Rs 12.51 per share from its previous closing of Rs 12.16 per share with heavy volume.
Bartronics India Limited has announced the successful incorporation of its wholly-owned subsidiary, BIL Agritech Private Limited, following approval and the issuance of a Certificate of Incorporation by the Ministry of Corporate Affairs on December 22, 2025. Based in Hyderabad, the new entity has an authorised share capital of Rs 10,00,000 and a paid-up capital of Rs 1,00,000. As a 100 per cent subsidiary, the transaction is classified as a related party transaction conducted at arm's length, with Bartronics subscribing to the initial share capital entirely in cash at face value.
This strategic move marks an expansion for Bartronics into the agri-tech and information technology services sectors. BIL Agritech is designed to provide modern farming solutions, including precision agriculture, IoT-based sensors, and farm automation equipment. By establishing this subsidiary, Bartronics aims to diversify its business operations and leverage digital tools to enhance agricultural productivity, moving beyond its traditional business lines into the growing smart farming market.
Additionally, the company has transitioned its agritech strategy into live execution by completing a structured rollout in Maharashtra, engaging a network of over one million farmers through FPOs and cooperatives. In collaboration with Ampivo AI, which soft-launched a multilingual digital marketplace application to provide integrated market access and Logistics, the company is now leveraging these on-ground learnings to expand its digital platform deployment into Uttar Pradesh as part of a phased pan-India scale-up.
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.
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 24.74 per share while its 52-week low is Rs 11 per share. The company has a market cap of over Rs 380 crore. From Rs 4.07 to Rs 12.51 per share, the stock gave multibagger returns of 200 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.