Affordable Robotic & Automation Limited has scheduled a postal ballot to seek shareholder approval for the issuance of fully convertible warrants to promoter Milind Padole to convert an outstanding loan of ₹21 crore. The meeting also seeks consent for material related party transactions with subsidiary ARAPL Raas Private Limited and the promoter for the financial year 2026-27. The warrants will be issued at a price of ₹192 each, including a premium of ₹182 per share, determined in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The remote e-voting period commences on July 21, 2026, at 09:00 a.m. IST and concludes on August 19, 2026, at 05:00 p.m. IST. The results are expected to be declared on or before August 21, 2026. The regulatory disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Warrant Issuance Details

The board proposes to allot up to 10,93,750 fully convertible warrants to Milind Padole. Each warrant is convertible into one equity share of ₹10 each within a maximum period of 18 months from the date of allotment. The conversion will increase the paid-up capital of the company, while the promoter's holding percentage will remain unchanged immediately post-allotment. However, the fully diluted capital position will reflect an increase in the promoter's stake.

The following table outlines the pre and post-issue holding details of the allottee:

Related Party Transactions

Shareholders will vote on two ordinary resolutions regarding material related party transactions. The first resolution seeks approval for transactions with subsidiary ARAPL Raas Private Limited, involving the sale of goods or providing loans to meet working capital requirements, for an aggregate value not exceeding ₹100 crore during FY 2026–27. The second resolution seeks approval to avail borrowings or loans from promoter group companies for an aggregate amount not exceeding ₹50 crore during a financial year.

The Audit Committee and the Board of Directors have approved these transactions, which are stated to be in the ordinary course of business and on an arm’s length basis. The filing was signed by Milind Padole, Managing Director.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE692Z01013/173558812b454ee8.pdf

Affordable Robotic & Automation Limited has initiated the remote e-voting process for its postal ballot, allowing shareholders to vote on resolutions through electronic means. The e-voting facility is available from July 21, 2026, and will conclude at 5:00 P.M. on August 19, 2026. The company has dispatched the postal ballot notice electronically to shareholders whose names appear in the register of members as of the cut-off date of July 17, 2026.

In compliance with the Ministry of Corporate Affairs (MCA) circulars, the company has not sent physical copies of the postal ballot notice. Shareholders are required to cast their votes using the INSTAVOTE e-voting platform. The Board of Directors has appointed CS Deepti Maheshwari, Practicing Company Secretary, as the scrutinizer to ensure the process is conducted fairly and transparently. The results of the e-voting will be announced on or before August 21, 2026, at the company's registered office and will subsequently be communicated to the stock exchanges.

Shareholders who have not registered their email addresses are advised to do so with their depository participants to receive the notice and obtain login credentials for voting. The notice and voting instructions are also available on the company's website and the websites of the BSE and NSE. Members with queries may refer to the FAQs or contact the designated helpdesk for assistance.

Key Dates for E-Voting