Affordable Robotic & Automation Limited has formally responded to queries from BSE and NSE regarding significant movement in its share price, attributing the volatility to market-driven factors rather than any undisclosed material information. The company's response, dated April 10, 2026, came in reference to clarification requests received from both stock exchanges on April 09, 2026.
Regulatory Compliance and Disclosure
The company emphasized its adherence to SEBI (LODR) Regulations, 2015, stating that it has been promptly informing stock exchanges of all events and information that may impact its operations or performance. Affordable Robotic & Automation assured that it continues to disclose all price-sensitive information as required under regulatory frameworks.
Preferential Issue Details
The company referenced its earlier disclosure under Regulation 30 regarding the receipt of in-principle approval from BSE and NSE on March 30, 2026, for a proposed preferential issue. The key details of this corporate action are presented below:
Parameter: Details Issue Type: Preferential Issue to Non-promoters Number of Shares: Up to 6,04,839 Equity Shares Issue Price: Rs. 248 per share Premium Component: Rs. 238 per share Total Amount: Up to Rs. 15,00,00,072 Approval Date: March 30, 2026
Market-Driven Price Movement
In its response to the stock exchanges, the company clarified that the share price movement is purely market-driven and attributable to prevailing market conditions. The management stated that the company has neither control over nor knowledge of specific reasons behind the price volatility, beyond the previously disclosed material information.
Ongoing Commitment to Transparency
Affordable Robotic & Automation reaffirmed its commitment to maintaining transparency with stakeholders and regulatory bodies. The company assured both BSE and NSE that it will continue to promptly inform the exchanges of all material events, information, and actions as mandated under SEBI (LODR) Regulations.
The response was signed by Managing Director Milind Padole and submitted to both stock exchanges for their records, demonstrating the company's proactive approach to regulatory compliance and investor communication.
Affordable robotic & automation Limited has announced a significant funding development for its subsidiary, with ARAPL RaaS Private Limited executing a term sheet for a substantial fund raise. The announcement was made under Regulation 30 of SEBI listing requirements.
Fund Raise Details
The subsidiary has entered into a term sheet agreement with Sai Green Projects Private Limited as the investor for a proposed fund raise of up to ₹48 crore. The investment structure is designed to be implemented in multiple tranches through subscription to equity shares of ARAPL RaaS Private Limited.
Parameter: Details Investor: Sai Green Projects Private Limited Fund Raise Amount: Up to ₹48 crore Investment Mode: Multiple tranches Structure: Equity share subscription
Investment Conditions
The proposed investment is subject to several key conditions that must be fulfilled before completion. These include satisfactory due diligence processes, obtaining necessary approvals from relevant authorities, and securing board and shareholder approvals as applicable. Additionally, the execution of definitive agreements between the parties remains a prerequisite for the investment to proceed.
Strategic Objectives
According to the company's announcement, this funding initiative is strategically aimed at strengthening the company's capital base and supporting its growth plans. The management emphasized that this investment will provide the necessary financial resources to advance the subsidiary's operational capabilities and market expansion efforts.
Regulatory Compliance
The announcement was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has committed to providing further updates to stakeholders upon execution of definitive agreements or occurrence of any material developments related to this funding arrangement.
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