Shareholding18 Nov 2025, 09:32 am
Promoter Milind Manohar Padole Sells Shares of Affordable Robotic & Automation Ltd
AI Summary
Milind Manohar Padole, a promoter of Affordable Robotic & Automation Ltd, has sold 0.31% of the company's shares. The total number of shares sold is 35,000. This sale will result in a decrease in his holding from 29.14% to 28.83%. The proceeds from this sale will be used as an interest-free loan to Affordable Robotic and Automation Limited, which will then invest in its subsidiary company ARAPL RaaS Private Limited.
Key Highlights
- Milind Manohar Padole sells 0.31% of Affordable Robotic & Automation Ltd's shares
- Total number of shares sold is 35,000
- Padole's holding decreases from 29.14% to 28.83%
- Proceeds from the sale will be used as an interest-free loan to Affordable Robotic and Automation Limited
- Affordable Robotic and Automation Limited will invest the loan in its subsidiary company ARAPL RaaS Private Limited