Affordable Robotic & Automation Limited (NSE: AFFORDABLE, BSE: 541402)

Introduction

On July 17 2026, Affordable Robotic & Automation Limited (ARAPL) filed a board‑meeting outcome with the NSE and BSE, complying with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing details a preferential issuance of fully convertible warrants to the company’s promoter, Mr. Milind Padole, and the approval of a postal ballot notice for shareholder e‑voting.

Board Decision Overview

• Meeting date & time: Friday, July 17 2026, 3:15 pm – 6:30 pm (registered office).
• Agenda items approved:
  1. Preferential issue of fully convertible warrants to the promoter.
  2. Adoption of a draft Postal Ballot Notice for remote e‑voting.

Preferential Issue of Fully Convertible Warrants

Item	Detail
Security type	Fully Convertible Warrants (“Warrants”)
Number of Warrants	1,093,750
Issue price	₹ 192 per warrant (includes ₹ 182 premium per share)
Purpose	Conversion of an outstanding ₹ 21 crore loan advanced by Mr. Padole to the company
Conversion terms	Each warrant convertible into equity shares of ₹ 10 each within 18 months from allotment
Investor	Mr. Milind Padole (Promoter)
Regulatory basis	Preferential issue under Chapter V of SEBI (ICDR) Regulations, 2018 and Regulation 30 of SEBI LODR

• The issuance will extinguish the ₹ 21 crore loan to the extent of the consideration received.
• The board also approved a postal ballot notice to seek shareholder approval for the preferential issue via e‑voting.

Impact on Shareholding (Annexure B)

Shareholder	Category	Pre‑issue holding	Post‑issue holding	% of post‑issue capital	% of post‑issue fully diluted capital
Milind Padole	Promoter	3,287,075 shares (27.74 %)	3,287,075 shares	27.74 %	33.84 %

The warrant conversion will increase the promoter’s proportionate stake on a fully diluted basis.

Regulatory & Compliance Notes

• The filing satisfies Regulation 30 of the SEBI Listing Regulations, 2015, and references SEBI Circular No. HO/49/14/14(7)2025‑CFD‑POD2/I/3762/2026 (dated 30 Jan 2026).
• Annexure A provides the detailed disclosure required for the preferential issue.
• The board’s resolution and the postal ballot notice are submitted to both BSE Limited and NSE Limited as per statutory requirements.

Next Steps

1. Shareholder approval through the approved postal ballot/e‑voting process.
2. Allotment of warrants upon receipt of shareholder consent.
3. Conversion of warrants into equity shares within the stipulated 18‑month window, thereby reducing the company’s loan liability.

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This article presents only the facts disclosed in the board‑meeting notice dated July 17 2026. No additional financial performance data or forward guidance was provided in the filing.