ABB India Limited's board of directors has approved a significant restructuring of its robotics business, involving the sale of the division to its wholly-owned subsidiary for Rs. 1568.20 crores. The decision was taken at a board meeting held on January 26, 2026, following recommendations from the Audit Committee.

Board Approvals and Transaction Structure

The board approved two key transactions as part of the robotics business divestment:

The company also approved a Postal Ballot Notice to seek shareholders' approval for the Material Related Party Transaction involving the sale of the robotics business to INRBT.

Financial Performance of Robotics Business

The robotics division's financial contribution to ABB India's overall performance shows its relatively modest scale within the company's operations:

As of December 31, 2024, the robotics business generated Rs. 444.42 crores in turnover, which constituted 3.6% of the company's total turnover in FY 2024. The contribution to the company's net worth from the robotics business was negative for the financial year 2024.

Transaction Details and Valuation

The business transfer will be conducted on a slump sale basis, with the consideration determined through independent valuations. Ernst & Young Merchant Banking Services LLP and Bansi Mehta S Valuers LLP both issued valuation reports dated January 26, 2026. Additionally, ICICI Securities Limited provided a fairness opinion certifying that the valuation of the robotics business is fair.

The robotics business primarily serves as a sales channel, provides maintenance support, and offers application engineering services. The buyer, INRBT, will become an indirect wholly-owned subsidiary of ABB Limited at the time of the business transfer.

Strategic Context and Timeline

This divestment aligns with ABB Group's broader strategic decision to divest its robotics business to SoftBank Group. The company had previously announced its intention to spin off the global robotics business in April 2025 and later revealed plans to divest to SoftBank Group in October 2025.

ABB Robotics India Private Limited was incorporated as a wholly-owned subsidiary on September 22, 2025, specifically to facilitate this transaction. The share transfer agreement and business transfer agreement will be executed subsequently, with the company committing to make appropriate disclosures upon execution in compliance with applicable laws.

Both transactions qualify as related party transactions and will be undertaken at arm's length, as the buyers are part of the ABB Group's promoter structure.

ABB India has announced the launch of its ArTu Formula Low Voltage Switchgear on January 23, 2026, marking a significant addition to the company's electrification portfolio. The cutting-edge solution is designed to deliver superior performance across diverse applications, addressing the evolving power distribution needs of industrial sectors, critical infrastructure, commercial and residential buildings with a focus on reliability, efficiency, and innovation.

Product Specifications and Compliance

The ArTu Formula represents a comprehensive solution that perfectly balances simplicity and versatility for power distribution applications. Key technical specifications and features include:

The solution is fully compliant with international standards, ensuring the highest levels of safety, reliability, and performance. This comprehensive approach makes it ideal for a wide range of applications including power distribution, motor control centers, and sub-distribution boards.

Strategic Market Positioning

According to Kiran Dutt, President – Electrification, ABB India, "ArTu Formula represents a significant advancement in low voltage switchgear technology, seamlessly integrating with our advanced product portfolio and demonstrating our ongoing commitment in supporting India's infrastructure development and industrial growth."

The product launch aligns with several key strategic initiatives:

• Supporting India's Make in India initiative
• Contributing to technological advancement in power infrastructure
• Catering to the nation's surging power infrastructure demands
• Promoting energy efficiency across target sectors

Integration with ABB Portfolio

The ArTu Formula complements ABB's comprehensive switchgear portfolio, creating a complete ecosystem of electrical solutions. The integration capabilities include:

This extensive compatibility ensures customers can leverage ABB's complete ecosystem of advanced electrical solutions, enabling seamless integration, simplified maintenance, and enhanced operational efficiency. The comprehensive solution delivers superior protection, reliable performance, and enhanced monitoring and control capabilities.

Market Applications and Benefits

The ArTu Formula addresses diverse market segments with its optimized design and assembly features. The solution enables modularity, simplicity, and versatile configuration, aligned with ABB's sustainability, safety, and performance goals. Target applications span across real estate, infrastructure, and industrial sectors, supporting both energy efficiency initiatives and India's broader industrial development objectives.

The launch reinforces ABB's position as a global technology leader in electrification and automation, contributing to a more sustainable and resource-efficient future. By connecting engineering and digitalization expertise, ABB continues to help industries achieve high performance while becoming more efficient, productive, and sustainable.