Affordable Robotic & Automation Limited has informed the Exchange about General Updates
AFFORDABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company responded to exchanges regarding significant price movement in its shares. BSE and NSE had sought clarification on the unusual price activity. The company clarified it is in compliance with SEBI (LODR) Regulations and had previously disclosed a preferential issue. On March 30, 2026, the company received In-Principle Approval for a proposed Preferential Issue of up to 6,04,839 equity shares at Rs. 248 per share (including Rs. 238 premium), raising approximately Rs. 15 crore from non-promoters. The company attributed the price movement to market conditions, stating it has neither control nor knowledge of specific reasons for the movement.
The company has clarified that the share price movement is market-driven with no undisclosed information. The approved preferential issue of Rs. 15 crore may have contributed to the price volatility, but the company assures full regulatory compliance.