ABB India has received board approval to sell its Robotics Business to ABB Robotics Schweiz AG (ARSAG) for INR 1568.2 Crore. This includes the transfer of shareholding in ABB Robotics India Private Limited (INRBT). The sale aligns with ABB’s global strategy to divest its robotics business. Shareholders’ approval is being sought via postal ballot for this material related party transaction, with expected completion before March 31, 2026.
Robotics Business Divestment
ABB India’s board has approved the sale of its Robotics Business to ABB Robotics Schweiz AG (ARSAG) for a consideration of not less than INR 1568,20,00,000 (INR 1568.2 Crore). This decision was made based on the recommendation of the Audit Committee and was approved on January 26, 2026.
Key Transaction Details
The transaction involves the following key steps:
- Sale of ABB India’s shareholding in ABB Robotics India Private Limited (INRBT) to ARSAG for INR 1,00,000 (One Lakh) along with pre and post incorporation expenses.
- Subsequent transfer of the Robotics Business to INRBT on a slump sale basis.
Shareholder Approval
ABB India will seek shareholders’ approval via postal ballot for this material related party transaction. The postal ballot notice will be filed separately with the exchanges and sent to shareholders in due course.
Timelines and Rationale
The company expects to complete the share transfer before February 27, 2026. The overall business transfer is expected to be completed on or before March 31, 2026, subject to regulatory approvals.
This divestment aligns with ABB Group’s decision to divest its robotics business to SoftBank Group.
Financial Impact of Robotics Business
As of December 31, 2024, the key financials related to the robotics business were:
- Total turnover: INR 444.42 crores, representing 3.6% of the Company’s total turnover in FY 2024.
- The contribution to the Company’s net worth from the Robotics Business for the financial year 2024 was negative.
Source: BSE
