The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Milind Padole
AFFORDABLE · price
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Promoter and Managing Director Milind Manohar Padole sold 275,000 equity shares (2.45% of paid-up capital) of Affordable Robotic & Automation Ltd on October 28, 2025 through open market transactions. His holding dropped from 33.01% (3,712,075 shares) to 30.56% (3,437,075 shares). The disclosure was filed under SEBI SAST Regulations and also references SEBI Insider Trading Regulations. The company has stated the sale proceeds will be extended as an interest-free loan to the listed entity, which in turn will fund further investment in its subsidiary ARAPL RaaS Private Limited.
This is a meaningful open-market sale by the promoter that reduces his personal stake but is linked to funding the company's own subsidiary investment rather than a personal exit, which may partially soften negative perception. Shareholders should note promoter holding has fallen further below one-third and monitor any further insider activity.