Affordable Robotic promoter sells shares for company loan
Milind Manohar Padole, a promoter of Affordable Robotic & Automation Limited, disclosed the sale of 35,000 equity shares on November 17, 2025. This open market transaction represents 0.31% of the total share capital, reducing Padole's holding from 29.14% to 28.83%.
The purpose of this sale is to extend an interest-free loan to Affordable Robotic & Automation Limited. The company plans to use these funds for further investment in its subsidiary, ARAPL RaaS Private Limited, a decision made at a board meeting on August 29, 2025.
The total equity share capital of the company remains at 11,246,266 shares, each valued at Rs. 10. The disclosure complies with SEBI regulations concerning substantial acquisition of shares and insider trading.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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