Affordable Robotic & Automation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/04/2026 ,inter alia, to consider and approve Intimation ....
AFFORDABLE · price
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Affordable Robotic & Automation Ltd has called a board meeting on April 27, 2026, to consider several key items. These include taking note of a term sheet signed by its subsidiary ARAPL Raas Private Limited and approving a reduction in ARAPL's shareholding in that subsidiary as a result. The board will also consider related party transactions with the promoter worth up to ₹50 crore and with the subsidiary worth up to ₹100 crore. Additionally, it will approve the notice for an Extraordinary General Meeting or postal ballot to seek shareholder approval for these matters. Further details will be shared after the meeting concludes.
Shareholders should watch this meeting closely as it involves a significant dilution of the company's stake in its subsidiary and large related party transactions (up to ₹150 crore combined) that will require shareholder approval via EGM or postal ballot. The outcome could affect the company's consolidated financials and governance perception.