Affordable Robotic & Automation Ltd Conducts Preferential Allotment of Equity Shares
Affordable Robotic & Automation Ltd announced that its Board of Directors' Share Allotment Committee conducted a meeting on Tuesday, April 14, 2026, resulting in the preferential allotment of equity shares.The Committee allotted 6,04,839 Equity Shares of Affordable Robotic & Automation Ltd to M/s. ATRI Energy Transition Private Limited, which is identified as a non-promoter entity. The shares were allotted for an aggregate amount up to Rs. 15,00,00,072/- (Fifteen Crore Seventy-Two Only), at an issue price of Rs. 248/- per share.
The key details of the preferential allotment are summarized below:
| Parameter | Detail |
|---|---|
| Allottee Entity | M/s. ATRI Energy Transition Private Limited |
| Shares Allotted | 6,04,839 Equity Shares |
| Face Value Per Share | Rs. 10 |
| Aggregate Consideration | Up to Rs. 15,00,00,072/- |
| Issue Price | Rs. 248/- |
Following the successful allotment, the Company's paid-up Equity Share Capital now stands at Rs. 11,85,11,050. This capital is comprised of a total of 1,18,51,105 Equity Shares of Rs. 10/- each.
AFFORDABLE Stock Price Movement
On Monday, Affordable Robotic & Automation Limited shares rallied, finishing the session at ₹176.34 after gaining 3.28%. The stock traded on a volume of 48,361 shares, holding steady within a daily range established between ₹162.61 and ₹180.99.Source:
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