Affordable Robotic & Automation Limited has informed the Exchange about General Updates
AFFORDABLE · price
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Affordable Robotic & Automation Limited has allotted 6,04,839 equity shares of Rs. 10 each to M/s. ATRI Energy Transition Private Limited, a non-promoter entity, on a preferential basis. The total consideration is Rs. 15,00,00,072 (about Rs. 15 crore) at an issue price of Rs. 248 per share. Post allotment, the company's paid-up equity share capital stands at Rs. 11,85,11,050, comprising 1,18,51,105 shares. The Share Allotment Committee approved the allotment at its meeting on April 14, 2026.
The company has raised approximately Rs. 15 crore from a strategic non-promoter investor, strengthening its equity base. Shareholders may see modest dilution, but the capital infusion could support the company's growth plans. The premium issue price of Rs. 248 (well above the Rs. 10 face value) signals investor confidence in the business.