Affordable Robotic & Automation Limited has disclosed revisions to its valuation report for the proposed preferential issue of equity shares, following observations received from stock exchanges. The company submitted this disclosure on March 27, 2026, confirming that despite the revisions, there is no change in the fair value of the equity shares.

Valuation Report Revisions

The revisions were made to the valuation report issued by the Independent Registered Valuer in response to observations received from BSE and NSE regarding the company's in-principle approval application. The preferential issue involves up to 6,04,839 equity shares to be allotted to an entity belonging to the non-promoter category.

Regulatory Compliance and Documentation

The revised valuation report, along with details of the revisions, has been made available on the company's website at arapl.co.in under the "Preferential Issue" section within the investor relations portal. This ensures transparency and accessibility for all stakeholders and regulatory authorities.

The company has confirmed its commitment to utilize the funds proposed to be raised from the preferential issue within 30 days from the date of receipt from the respective allottees. This timeline demonstrates the company's readiness to deploy the capital efficiently for its intended purposes.

Previous Postal Ballot Success

This development follows the successful completion of the company's postal ballot process, where all three proposed resolutions received overwhelming shareholder approval. The postal ballot, concluded on March 22, 2026, included approval for the preferential allotment that is now subject to the revised valuation report.

The voting process was conducted entirely through remote e-voting from February 21 to March 22, 2026, with CS Deepti Maheshwari serving as the appointed scrutinizer. The strong shareholder support across all categories, including promoter and public shareholders, reinforced confidence in the company's strategic initiatives.

Strategic Implementation

With the postal ballot approvals secured and the valuation report revisions now addressed, the company is positioned to proceed with its preferential issue upon receiving final regulatory clearances. The maintenance of fair value despite the revisions indicates the robustness of the original valuation methodology and the company's commitment to transparent pricing practices.

Affordable robotic & automation Limited's board of directors has approved major capital restructuring initiatives during their meeting held on February 18, 2026. The decisions include a substantial increase in authorized share capital and a significant preferential equity issuance to strengthen the company's financial position.

Authorized Share Capital Enhancement

The board approved increasing the company's authorized share capital from Rs. 12,00,00,000 to Rs. 20,00,00,000. This expansion involves creating additional 80,00,000 equity shares of Rs. 10 each, effectively increasing the total authorized equity shares from 1,20,00,000 to 2,00,00,000.

The capital increase requires consequent alteration in the Memorandum of Association and is subject to member approval.

Preferential Equity Issuance Details

The company's board approved a preferential issuance of up to 6,04,839 equity shares to Atri Energy Transition Private Limited, a non-promoter entity. The issuance parameters demonstrate the company's strategic fundraising approach.

Post-Allotment Shareholding Structure

Upon completion of the preferential issuance, Atri Energy Transition Private Limited will acquire a meaningful stake in the company. The investor, currently holding no shares in the company, will obtain 6,04,839 equity shares representing 5.10% of the post-issue capital.

Regulatory Compliance and Next Steps

The board meeting, which commenced at 4:20 p.m. and concluded at 6:00 p.m., was conducted at the company's registered office. The decisions comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board also approved the draft notice for convening an Extra-Ordinary General Meeting through postal ballot or video conferencing to seek shareholder approval for the proposed resolutions. The issue price determination will follow SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 guidelines.

Both the authorized share capital increase and preferential issuance require shareholder approval before implementation, ensuring proper corporate governance protocols are maintained throughout the capital restructuring process.