Affordable Robotic & Automation Limited shareholders have approved a proposal to reduce the company's stake in its subsidiary, ARAPL Raas Private Limited, to 50% or less. The special resolution was passed via remote e-voting, with 99.61% of votes cast in favour, while two ordinary resolutions concerning material related party transactions for the financial year 2026-27 were rejected.

The postal ballot process, conducted under Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, concluded on May 29, 2026. A total of 11,851,105 shares were eligible to vote, with 4,769,389 votes polled across all resolutions. The scrutinizer, CS Deepti Maheshwari, confirmed the results in a report dated May 30, 2026.

Voting Results Summary

The special resolution to authorize further issuance of securities by ARAPL Raas Private Limited received strong support from promoters and was passed. However, public non-institutional shareholders voted against the related party transactions, leading to the rejection of those resolutions.

Resolution Details

The special resolution authorized the subsidiary to issue further securities, consequently reducing the parent company's shareholding. Promoters held 4,907,834 shares and cast 4,737,775 votes in favour. Public non-institutional shareholders, holding 6,806,344 shares, cast 31,614 votes, with 58.36% voting against the resolution.

The two ordinary resolutions sought approval for material related party transactions for FY27 with the subsidiary and the promoter, respectively, under Regulation 23 of SEBI (LODR) Regulations. While promoters voted entirely in favour, public non-institutional shareholders rejected both resolutions. For the resolution regarding the subsidiary, 58.58% of public votes were against, and for the resolution regarding the promoter, 58.49% were against.

The remote e-voting facility was provided by Link Intime India Private Limited. The record date for determining eligibility was April 24, 2026.

Affordable Robotic & Automation Limited has announced that its board of directors will meet on Saturday, May 30, 2026. The primary agenda of the meeting is to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

The meeting is scheduled to be held at 04.00 pm at the company's registered office located at Village Wadki, Gat no. 1209, Taluka Haveli, Dist. Pune, Pune 412308. This decision is in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board will discuss several key matters during the session. The primary focus will be on the financial performance of the company for the specified period. Additionally, the directors will consider the appointment of a statutory cost auditor.

The specific items on the agenda include:

• Consideration and approval of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
• Appointment of Mr. Vivek Mukherjee, Practicing Cost Accountant, as the Cost Auditor of the company for F.Y. 2026-27.
• Any other item with the permission of the Chair and Majority of Directors.

Regulatory Disclosures

The company has stated that further details will be disclosed to the stock exchanges upon the conclusion of the meeting. This disclosure will be made in compliance with the applicable provisions of the SEBI (LODR) Regulations, 2015. The intimation was addressed to both BSE Limited and NSE Limited.