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Affordable Robotic & Automation LimitedBoard Meeting, 17-07-2026: Outcome of Board Meeting

17-07-2026 | 07:03 pm

Affordable Robotic & Automation's board approved issuing 10,93,750 warrants to promoter Milind Padole at Rs 192 each. This converts a Rs 21 Cr loan into equity, cutting company debt. Shareholders will vote via postal ballot. Warrants convert to shares within 18 months, boosting promoter's fully diluted stake to 33.84%.

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