Affordable Robotic & Automation Promoter Sells Equity Shares

1 min read     Updated on 08 Sept 2025, 07:19 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Affordable Robotic & Automation Limited (ARAPL) has announced that promoter Milind Manohar Padole has sold equity shares in the company. The disclosure was made to the BSE and NSE on September 05, 2025, in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The exact number of shares sold and the resulting change in shareholding percentage were not disclosed. ARAPL, headquartered in Pune, Maharashtra, has the CIN L29299PN2010PLC135298.

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

Affordable Robotic & Automation Limited (ARAPL) has announced that one of its promoters, Mr. Milind Manohar Padole, has sold equity shares in the company. This development was disclosed in compliance with Regulation 29(2) of the Securities and Exchange Board of India's (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Disclosure Details

The company's Company Secretary, Ruchika Shinde, communicated this information to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on September 05, 2025. The disclosure was made to ensure transparency and compliance with regulatory requirements.

Regulatory Compliance

The sale of shares by a promoter is a significant event that requires disclosure under SEBI regulations. Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandates that any acquisition or disposal of shares by promoters that results in a change in shareholding must be reported to the stock exchanges.

Company Information

Affordable Robotic & Automation Limited, with the Corporate Identification Number (CIN) L29299PN2010PLC135298, is headquartered at Village Wadki, Gat No. 1209, Taluka Haveli, Dist. Pune, Maharashtra, India - 412308.

While the exact number of shares sold and the resulting change in shareholding percentage have not been disclosed in the available information, investors and market participants are advised to monitor further announcements for more details on this transaction.

This disclosure aligns with ARAPL's commitment to maintaining transparency with its shareholders and complying with regulatory requirements. Shareholders and potential investors may want to keep an eye on any subsequent disclosures that might provide more insight into the promoter's shareholding changes and their potential impact on the company's ownership structure.

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Humro Unveils Strategic Response to US Tariff Changes, Maintains Competitive Edge

2 min read     Updated on 27 Aug 2025, 04:36 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Humro, a subsidiary of Affordable Robotic & Automation Limited, has announced a comprehensive plan to address recent tariff changes on US imports. The company will implement a 10% price adjustment across all products while maintaining a 15-20% cost advantage over competitors. Strategies to mitigate tariff impact include adopting CKD and SKD shipment methods, partnering with local US vendors, and pre-stocking robots in the US. Humro's proof-of-concept model remains unchanged, allowing customers to deploy machines with no upfront costs. The US warehouse automation market is projected to grow from $5.78 billion in 2024 to $16.60 billion by 2030, presenting significant opportunities for Humro despite current challenges.

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

Affordable Robotic & Automation Limited subsidiary brand Humro has announced a comprehensive strategy to navigate recent tariff changes affecting US imports. The company, a leader in autonomous material handling and robotics solutions, is taking proactive measures to maintain its competitive advantage in the growing US warehouse automation market.

Price Adjustment and Market Positioning

Humro will implement a 10% price adjustment across all products to account for additional duties, which represent approximately 7% of its topline revenue. Despite this adjustment, the company asserts that its solutions will remain 15-20% cheaper than its closest competitors, underlining its commitment to providing value in the face of changing market conditions.

Innovative Approaches to Mitigate Tariff Impact

To reduce the impact of duties, Humro is implementing several strategic initiatives:

  1. Shipment Methods: The company is adopting Complete Knockdown (CKD) and Semi Knockdown (SKD) shipment methods.
  2. Local Partnerships: Humro is actively partnering with local US vendors to minimize the tariff impact.
  3. Pre-stocking: The company has pre-stocked robots in the US, which are expected to account for nearly 50% of sales.

Maintaining Customer-Centric Model

Humro emphasized that its proof-of-concept model remains unchanged. This model allows customers to deploy machines with no upfront costs, purchasing the product only if success criteria are met. If not, customers pay a flat fee, ensuring a low-risk entry point for businesses looking to automate their operations.

Market Growth and Opportunities

The US warehouse automation market, where Humro operates, is projected to experience significant growth. According to the company, the market is expected to grow at a 20.6% CAGR from 2025-2030, expanding from $5.78 billion in 2024 to nearly $16.60 billion by 2030. This growth trajectory presents substantial opportunities for Humro, despite the current tariff challenges.

Leadership Perspective

Milind Padole, Founder & Managing Director of Humro, commented on the strategy: "The tariff environment is temporary turbulence. We've built resilience into our model by combining Indian engineering strength with US-based value addition and enterprise-grade software. Even with the tariff and a modest price adjustment, Humro will deliver more value than our closest competitors."

Robinson Philipose, Co-Founder & Chief Executive Officer of Humro, added: "The US remains one of our most important growth markets, and the tariff environment doesn't change that. Our commitment is simple: to give US customers automation that creates real value, even in a shifting policy landscape."

Looking Ahead

With these proactive steps, Humro believes it can maintain a level playing field between Indian and US companies while preserving its long-term growth trajectory. The company's unique blend of affordability, rapid deployment, and software-driven efficiency continues to differentiate it in a market where reliability and cost savings are paramount.

As the US warehouse automation market continues to expand, Humro's strategic response to tariff changes positions the company to capitalize on the growing demand for innovative, cost-effective automation solutions.

Historical Stock Returns for Affordable Robotic & Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-2.42%-1.13%-17.16%-45.61%-65.84%-69.39%
Affordable Robotic & Automation
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