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Affordable Robotic & Automation LimitedOthers, 04-03-2025: Disclosure under SEBI Takeover Regulations

04-03-2025 | 04:45 pm

Affordable Robotic & Automation Limited has announced a board meeting focused on an inter-se transfer of shares among immediate relatives of the promoter, involving the transfer of 8,000 shares (0.08% of total holding) without consideration. The transaction reflects a gift from the promoter, Manohar Pandurang Padole, to family members, with no impact on the overall promoter group shareholding. This development may suggest a cohesive governance strategy within the promoter family, offering a positive outlook on internal shareholder stability, though it carries a minor dilution risk for external investors.

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