Affordable Robotic & Automation Limited Receives In-Principle Approval for ₹15 Crore Preferential Issue

Affordable Robotic & Automation Limited has secured regulatory approval for its proposed preferential issue of equity shares, marking a significant step in the company's capital raising initiative. The automation solutions provider announced that it has received in-principle approval from both major stock exchanges for the equity fundraising exercise.

Regulatory Approval Details

The company received in-principle approval from BSE Limited and National Stock Exchange of India Limited on March 30, 2026. The approval was granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs preferential issues by listed companies.

Preferential Issue Structure

The approved preferential issue encompasses the following key parameters:

Parameter: Details Number of Shares: Up to 6,04,839 equity shares Issue Price: ₹248 per share Premium Component: ₹238 per share Total Fundraising: Up to ₹15,00,00,072

The issue price of ₹248 per share includes a substantial premium of ₹238 per share, indicating strong investor confidence in the company's prospects. The preferential issue structure allows the company to raise capital from select investors at predetermined terms.

Board Approval Timeline

The foundation for this preferential issue was laid during the Board of Directors meeting held on February 18, 2026. During this meeting, the Board approved the preferential issue framework, setting the stage for the subsequent regulatory approvals. The timeline from Board approval to exchange approval demonstrates efficient execution of the capital raising process.

Regulatory Compliance

The company has maintained transparency throughout the process by promptly informing both stock exchanges about the regulatory milestone. Company Secretary Ruchika Shinde signed the disclosure document on March 31, 2026, ensuring timely communication with stakeholders and maintaining compliance with listing obligations.

This preferential issue approval positions Affordable Robotic & Automation Limited to access growth capital while adhering to regulatory requirements and maintaining transparency with its stakeholders.

Affordable Robotic & Automation Limited has disclosed revisions to its valuation report for the proposed preferential issue of equity shares, following observations received from stock exchanges. The company submitted this disclosure on March 27, 2026, confirming that despite the revisions, there is no change in the fair value of the equity shares.

Valuation Report Revisions

The revisions were made to the valuation report issued by the Independent Registered Valuer in response to observations received from BSE and NSE regarding the company's in-principle approval application. The preferential issue involves up to 6,04,839 equity shares to be allotted to an entity belonging to the non-promoter category.

Parameter Details Issue Size Up to 6,04,839 equity shares Allottee Category Non-promoter entity Fair Value Impact No change Disclosure Date March 27, 2026 Fund Utilization Timeline Within 30 days of receipt

Regulatory Compliance and Documentation

The revised valuation report, along with details of the revisions, has been made available on the company's website at arapl.co.in under the "Preferential Issue" section within the investor relations portal. This ensures transparency and accessibility for all stakeholders and regulatory authorities.

The company has confirmed its commitment to utilize the funds proposed to be raised from the preferential issue within 30 days from the date of receipt from the respective allottees. This timeline demonstrates the company's readiness to deploy the capital efficiently for its intended purposes.

Previous Postal Ballot Success

This development follows the successful completion of the company's postal ballot process, where all three proposed resolutions received overwhelming shareholder approval. The postal ballot, concluded on March 22, 2026, included approval for the preferential allotment that is now subject to the revised valuation report.

Resolution Type Shareholder Approval Status Share Capital Increase 99.9999% in favour Approved Preferential Allotment 100.00% in favour Approved Related Party Transactions Strong support Approved

The voting process was conducted entirely through remote e-voting from February 21 to March 22, 2026, with CS Deepti Maheshwari serving as the appointed scrutinizer. The strong shareholder support across all categories, including promoter and public shareholders, reinforced confidence in the company's strategic initiatives.

Strategic Implementation

With the postal ballot approvals secured and the valuation report revisions now addressed, the company is positioned to proceed with its preferential issue upon receiving final regulatory clearances. The maintenance of fair value despite the revisions indicates the robustness of the original valuation methodology and the company's commitment to transparent pricing practices.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.