Affordable Robotic Automation Promoter Sells Shares, Subsidiary Secures Major US Order
Affordable Robotic & Automation Limited's promoter, Milind Manohar Padole, sold 160,000 shares, reducing his stake from 30.56% to 29.14%. The sale proceeds will be loaned interest-free to ARAPL for investment in its subsidiary, ARAPL RaaS Private Limited (Humro). Humro secured a Rs. 4.13 crore order from a US logistics company for six mobile robots on a two-year lease. ARAPL plans to invest USD 8-10 million in Humro, with USD 3 million coming from Padole as an interest-free loan, potentially convertible to equity. This marks Humro's entry into the US market, positioning Indian-made robots globally.

*this image is generated using AI for illustrative purposes only.
Affordable Robotic & Automation Limited (ARAPL), India's first listed robotics company, has recently made headlines with significant corporate actions and business developments. Let's delve into the details of these events and their potential implications for the company.
Promoter Share Sale
On October 31, 2025, Milind Manohar Padole, the promoter and Managing Director of ARAPL, sold 160,000 equity shares in an on-market transaction. This sale has resulted in a change in his shareholding position:
| Aspect | Before Sale | After Sale |
|---|---|---|
| Shareholding Percentage | 30.56% | 29.14% |
| Number of Shares Sold | - | 160,000 |
The company's total equity share capital remains unchanged at 11,246,266 shares of Rs. 10 each.
Purpose of Share Sale
The proceeds from this share sale are not being withdrawn from the company. Instead, Mr. Padole plans to provide these funds as an interest-free loan to ARAPL. The company intends to use this loan for further investment in its subsidiary, ARAPL RaaS Private Limited.
Subsidiary Secures Major US Order
On November 6, 2025, ARAPL announced that its subsidiary, ARAPL RaaS Private Limited (operating under the brand name Humro), has secured a significant order from a leading US-based logistics and warehouse management company. Key highlights of this order include:
- Supply of six new mobile robots on a two-year lease arrangement
- Total contract value: Rs. 4.13 crore
- Marks a major breakthrough in the US market for Humro
- Potential for large-scale deployment in the future
Implications and Future Outlook
This order represents a significant milestone in ARAPL's global expansion strategy, particularly in the North American logistics automation sector. Humro, with its four approved "Make in India" mobile robotics products, is now poised to accelerate its expansion in the US business landscape.
The company views this development as a validation of its technology and a step towards positioning Indian-made mobile robots on the global stage, competing with large US and Chinese players in the sector.
Investment in Subsidiary
To support this growth, ARAPL has announced a proposed investment of USD 8–10 million in Humro. Notably, USD 3 million of this investment will be personally infused by Mr. Milind Padole, structured as an interest-free loan with an option for conversion into equity.
These developments underscore ARAPL's commitment to innovation and global expansion in the robotics and automation sector, potentially opening new avenues for growth and market penetration.
Historical Stock Returns for Affordable Robotic & Automation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.19% | -2.78% | -0.39% | -36.17% | -65.87% | -66.81% |





































