Affordable Robotic & Automation Limited Receives In-Principle Approval for Preferential Issue
Affordable Robotic & Automation Limited (ARAPL) announced on March 31, 2026, that it has received in-principle approval from the BSE Limited and the National Stock Exchange of India Limited (NSE) for a proposed preferential issue of equity shares.The Board of Directors previously approved a preferential issue of up to 6,04,839 equity shares at a price of Rs. 248 per share, including a premium of Rs. 238 per share. This offering is intended to raise an aggregate amount of up to Rs. 15,00,00,072.
The in-principle approvals were granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on March 30, 2026.
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