The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Milind Manohar Padole
AFFORDABLE · price
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On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter and Managing Director Milind Manohar Padole sold 58,987 equity shares of Affordable Robotic & Automation Ltd (about 0.52% of the company) through open market transactions on September 3–4, 2025. His stake declined from 41.22% (46,35,241 shares) to 40.69% (45,75,254 shares). The sale was disclosed under SEBI's Takeover Regulations and Insider Trading Regulations. As per the disclosure, the proceeds will be given back to the company as an interest-free loan, which ARAPL plans to invest further into its subsidiary ARAPL RaaS Private Limited.
The stake reduction is small (0.52%) and the promoter remains the largest shareholder well above the 40% mark, so the impact on shareholding control is limited. The constructive purpose — funding the company's subsidiary growth via an interest-free loan — may be viewed positively by investors, though any promoter selling can create mild short-term sentiment pressure.