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.

Affordable Robotic & Automation Limited conducted its earnings conference call on February 13, 2026, with investors and analysts to discuss Q3 FY26 financial results and strategic developments. The complete transcript was officially filed with BSE and NSE on February 18, 2026, under SEBI Regulation 30.

Management Team and Call Overview

The earnings call was led by key management personnel including Mr. Milind Padole (Promoter and Managing Director), Mr. Rahul Padole (Executive Director - Marketing), Mr. Sengunthar Dakshnamurthy Kalidas (Chief Financial Officer), and Mr. Robinson Philipose (Co-founder and CEO, RaaS/Humro).

Nine-Month Financial Turnaround Performance

The management emphasized the company's historic turnaround to profitability during the nine-month period, marking a significant operational milestone.

Cost Optimization and Operational Efficiency

During the call, CFO Murthy detailed significant cost reduction initiatives that drove the profitability turnaround, with total expenses reduced by approximately 28.00%.

Order Book Performance and Business Development

The management provided detailed order book analysis showing strong booking performance across both automation and car parking verticals.

Humro (RaaS) US Operations and Expansion Plans

Co-founder Robinson Philipose detailed ambitious expansion plans for the US subsidiary, targeting significant robot deployment by March 2027.

Strategic Partnerships and Fund Raising

The management discussed the Sai Green investment of ₹15.00 crores and potential for autonomy stack monetization across various applications.

Key Investor Q&A Highlights

During the extensive Q&A session, management addressed concerns about revenue guidance, operational challenges, and growth prospects. Key points included:

• Q4 FY26 revenue expected to match historical levels of ₹74.00-76.00 crores standalone
• Indian business growth target of 20.00-30.00% for next year
• Humro lease model generating ₹8.00 crores over two years from 13 deployed equipments
• Focus on profitability over top-line growth in current restructuring phase

Future Outlook and Strategic Direction

Managing Director Milind Padole emphasized the company's positioning for a "J-curve" growth trajectory, leveraging four years of technology development and strategic partnerships for scaled deployment.

Source: Official earnings call transcript filed with BSE and NSE under SEBI Regulation 30