Affordable Robotic & Automation Promoter Milind Padole Divests Equity Stake

1 min read     Updated on 23 Sept 2025, 12:47 PM
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Overview

Affordable Robotic & Automation Limited (ARAPL) has reported a change in promoter shareholding. Mr. Milind Manohar Padole, a promoter, has sold a portion of his equity shares, leading to a regulatory filing under SEBI regulations. The company's Secretary, Ruchika Shinde, submitted a revised disclosure to both BSE and NSE in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The specific number of shares sold and the resulting change in ownership percentage were not disclosed in the announcement.

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*this image is generated using AI for illustrative purposes only.

Affordable Robotic & Automation Limited (ARAPL), a company specializing in robotic and automation solutions, has reported a significant change in its promoter shareholding. The company disclosed that promoter Mr. Milind Manohar Padole has sold a portion of his equity shares, prompting a regulatory filing under the Securities and Exchange Board of India (SEBI) regulations.

Regulatory Compliance

ARAPL's Company Secretary, Ruchika Shinde, submitted a revised disclosure to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This filing was made in accordance with Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Details of the Transaction

The company has not disclosed the specific number of shares sold or the resulting change in Mr. Padole's ownership percentage in the brief announcement. However, the transaction was significant enough to warrant a regulatory disclosure, indicating a potentially material change in the promoter's stake.

Implications for Investors

While the exact scale of the divestment remains undisclosed, such transactions by promoters often attract investor attention. Shareholders and market analysts may be keen to understand the reasons behind the sale and its potential impact on the company's ownership structure.

Company Background

Affordable Robotic & Automation Limited, headquartered in Pune, Maharashtra, operates in the automation sector. The company's Corporate Identification Number (CIN) is L29299PN2010PLC135298.

Market Response

As this news reaches the market, investors will likely monitor any potential impact on ARAPL's stock price and trading volumes. The company's share price movement in the coming days may reflect the market's interpretation of this promoter action.

Shareholders and potential investors are advised to keep an eye on further disclosures from the company for more detailed information about the extent of the share sale and any changes in the promoter's holding pattern.

Historical Stock Returns for Affordable Robotic & Automation

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Affordable Robotic & Automation Secures Rs. 75-85 Crore Funding Plan, Including Promoter Loan

1 min read     Updated on 18 Sept 2025, 08:25 PM
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Overview

Affordable Robotic & Automation Limited (ARAPL) has approved a funding plan of Rs. 75-85 crore. This includes a Rs. 25 crore interest-free loan from the Promoter/Managing Director and a preferential issue of Rs. 50-60 crore. The funds will be reinvested as an interest-free loan into ARAPL RaaS Private Limited, a wholly-owned subsidiary. The plan is subject to regulatory approvals and includes provisions for loan conversion into equity. The Promoter plans to fund his loan by selling personal ARAPL shares.

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*this image is generated using AI for illustrative purposes only.

Affordable Robotic & Automation Limited (ARAPL), a company specializing in robotic and automation solutions, has announced a significant funding plan totaling Rs. 75-85 crore. The decision was made during a board meeting held on September 18, 2025, as disclosed in a regulatory filing.

Key Funding Initiatives

Promoter Loan

The company has accepted an interest-free loan of Rs. 25.00 crore from its Promoter/Managing Director. This loan comes with a provision for future conversion into equity or warrants.

Preferential Issue

The board has approved raising an additional Rs. 50.00-60.00 crore through a preferential round.

Strategic Allocation of Funds

The combined funds from both sources will be strategically reinvested into ARAPL RaaS Private Limited, a wholly-owned subsidiary of Affordable Robotic & Automation Limited. This reinvestment will take the form of an interest-free loan, which is planned to be converted into equity during the preferential issue round.

Regulatory Compliance

The funding plan, particularly the conversion of loans into equity, is subject to necessary approvals under:

  • Companies Act, 2013
  • SEBI ICDR (Issue of Capital and Disclosure Requirements) Regulations
  • SEBI LODR (Listing Obligations and Disclosure Requirements) Regulations

Promoter's Commitment

The Promoter/Managing Director plans to fund the Rs. 25.00 crore loan through the sale of his personal shareholding in ARAPL, demonstrating confidence in the company's future.

Board Meeting Details

The board meeting where these decisions were made commenced at 5:30 PM and concluded at 7:00 PM on September 18, 2025. The meeting was held at the company's registered office located in Village Wadki, Pune, Maharashtra.

This funding initiative marks a significant step for Affordable Robotic & Automation Limited, potentially strengthening its financial position and supporting the growth of its subsidiary, ARAPL RaaS Private Limited.

Historical Stock Returns for Affordable Robotic & Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.89%-5.77%-13.72%-38.84%-67.07%-67.07%
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