A promoter of Affordable Robotic & Automation Limited, Mr. Milind Manohar Padole, has decreased his stake in the company. This transaction, involving the sale of 270,000 equity shares, was executed off-market. Following the sale on September 26, 2025, the promoter’s holding has been adjusted to 33.01% of the company’s total share capital.
Promoter Shareholding Adjustment
Mr. Milind Manohar Padole, a promoter of Affordable Robotic & Automation Limited, has sold a portion of his shareholding in the company. The sale involved 270,000 equity shares.
Details of the Transaction
The transaction was completed on September 26, 2025, via an off-market route. Prior to this sale, Mr. Padole held 3,982,075 shares, representing 35.41% of the total share/voting capital. Post-transaction, his holding has been reduced to 3,712,075 shares, now representing 33.01% of the total share/voting capital.
Purpose of the Sale
The funds generated from this sale will be extended as an interest-free loan to Affordable Robotic and Automation Limited. This loan will then enable further investment in its subsidiary company, ARAPL RaaS Private Limited. This decision was made with reference to the outcome of the Board Meeting held on August 29, 2025.
Source: BSE
