Affordable Robotic & Automation Limited announced a revised disclosure regarding the substantial acquisition of shares, reflecting changes in promoter Milind Manohar Padole’s shareholding. This disclosure, made under SEBI Regulations 2011, includes details about shares carrying voting rights before and after the transaction. The update, dated September 22, 2025, includes information on equity shares sold on September 3 and 4, 2025, via open market.
Shareholding Changes
As of September 22, 2025, Affordable Robotic & Automation Limited has filed a disclosure regarding changes in substantial acquisition of shares and takeovers. The filing pertains to promoter Mr. Milind Manohar Padole and provides information on the sale of equity shares.
Details of Shareholding
Prior to the disposal, Mr. Padole held 4,637,241 shares carrying voting rights, representing 41.23% of the total share/voting capital. Subsequent to the sale of 58,987 shares, the total holding decreased to 4,578,254 shares, representing 40.71% of the total.
Transaction Details
The shares were sold via open market transactions conducted on September 3, 2025, and September 4, 2025. The purpose of the sale is to extend an interest-free loan to Affordable Robotic and Automation Limited, which in turn shall utilize the same for making further investment in its subsidiary company ARAPL RaaS Private Limited.
Source: BSE
