Affordable Robotic & Automation Ltd Approves Strategic Changes and Related Party Transactions
Affordable Robotic & Automation Limited (ARAPL) announced that its Board of Directors, in a meeting held on April 27, 2026, considered several material corporate actions, including updates on a major subsidiary's proposed fund raise and approvals for related party transactions.Subsidiary Shareholding and Fund Raise Update
The Board took note of a Term Sheet dated April 9, 2026, executed by ARAPL Raas Private Limited, a material subsidiary of the Company. This Term Sheet involves a proposed fund raise of up to INR 48 Crore, to be raised in multiple tranches, with Sai Green Projects Private Limited acting as the investor.The fund raising by the subsidiary is expected to cause a consequential reduction in ARAPL's shareholding in ARAPL Raas Private Limited. The Board noted that, following the issuance of equity shares by the subsidiary, the Company’s shareholding is projected to decrease significantly.
The changes in shareholding details are summarized below:
| Detail | Pre-dilution Shareholding (Fully diluted basis) | Post-dilution Shareholding (Fully diluted basis) | Status Impact |
|---|---|---|---|
| ARAPL's Holding | 83.54% (74.56%) | 42.50% | Subsidiary status changes to Associate |
Approval of Related Party Transactions
During the board meeting, the company also received board approvals for two separate categories of related party transactions (RPTs) for the financial year 2026-27, subject to shareholder approval where applicable.1. With Promoter Group: The Board approved entering into related party transactions with the Promoter / Promoter Group for an aggregate value up to ₹50 Crores. These transactions are expected to be in the form of interest-free loans as and when required during the 2026-27 period.
2. With Subsidiary: Separately, the Board approved entering into related party transactions with ARAPL Raas Private Limited. This approval covers an aggregate value up to ₹100 Crores for contracts, arrangements, or transactions, including providing support towards working capital requirements during 2026-27.
General Meeting Planned
To seek shareholder approval on the proposals discussed, the Board also approved convening an Extraordinary General Meeting.The Board meeting commenced at 11.20 a.m. and concluded at 02.00 p.m.
AFFORDABLE Stock Price Movement
Shares of Affordable Robotic & Automation Limited are edging higher to ₹182.75 as of 2:44 PM today, having gained 0.82% in live trading. This upward momentum is supported by trading on a volume of 23,129 shares, adding support to the gains.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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