Affordable Robotic hikes capital to ₹20 cr in 2026

Board clears capital restructuring plan

Affordable Robotic & Automation Limited has approved a set of capital restructuring proposals, including an increase in authorised share capital and a preferential issue of equity shares. The decisions were taken at the company’s board meeting held on February 18, 2026. The company has also initiated a shareholder approval process through an Extra-Ordinary General Meeting (EGM) route, including a postal ballot and electronic voting mechanism.

The key proposal is to raise authorised share capital from ₹12.00 crore to ₹20.00 crore. In parallel, the board has approved a preferential issuance of up to 6,04,839 equity shares to Atri Energy Transition Private Limited, classified as a non-promoter investor. The preferential issue size is ₹15.00 crore (₹15,00,00,072) at an issue price of ₹248 per share.

What happened at the February 18, 2026 board meeting

The board meeting commenced at 4:20 p.m. and concluded at 6:00 p.m., and was held at the company’s registered office. The company stated that the disclosures and decisions were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Along with the approvals, the board cleared the draft notice for convening an EGM and the related postal ballot process, including the option of video conferencing. The company also indicated that the issue price determination will follow the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Authorised share capital to rise from ₹12 crore to ₹20 crore

Affordable Robotic’s board approved increasing authorised share capital from ₹12.00 crore to ₹20.00 crore. This involves creating an additional 80,00,000 equity shares of face value ₹10 each. Post the change, the company’s total authorised equity shares would rise from 1,20,00,000 to 2,00,00,000.

The company noted that the capital increase will require a consequential alteration in the Memorandum of Association (MoA). It is also subject to member approval, aligning the change with corporate governance and statutory requirements.

Preferential issue: ₹248 per share for up to 6,04,839 shares

The board has approved issuing up to 6,04,839 equity shares on a preferential basis to Atri Energy Transition Private Limited. Each share has a face value of ₹10, with an issue price of ₹248 per share. The implied premium is ₹238 per share.

The total amount proposed to be raised through this issuance is ₹15.00 crore (₹15,00,00,072). The company’s postal ballot notice states that the relevant date for determining the minimum issue price is February 20, 2026.

Post-issue shareholding: Atri to hold 5.10%

The investor is currently stated to hold nil shares in Affordable Robotic & Automation Limited. After the preferential allotment, Atri Energy Transition Private Limited is expected to hold 6,04,839 equity shares. This would represent 5.10% of the post-issue capital, as disclosed.

The company has described Atri as belonging to the “Non-promoter” category. The stake outcome is contingent on shareholder approval and completion of the allotment process.

Shareholder approval process and postal ballot dates

Affordable Robotic announced a postal ballot notice dated February 20, 2026, seeking shareholder approval for three items. These include the authorised share capital increase, the preferential issue to Atri Energy Transition, and approval for material related party transactions.

E-voting is scheduled to open on Saturday, February 21, 2026 at 09:00 a.m. (IST) and close on Sunday, March 22, 2026 at 05:00 p.m. (IST). The company said the voting results are expected to be announced on or before Tuesday, March 24, 2026.

Material related party transactions: up to ₹200 crore for FY26

The third key item in the postal ballot seeks approval for material related party transactions (RPTs) for the financial year 2025-26. The aggregate value disclosed for the proposed RPT approval is capped at ₹200 crore.

The postal ballot communication positions this as a separate approval item alongside the equity and capital proposals. The details of counterparties or transaction categories are not provided in the supplied text, but the company has disclosed the overall ceiling requiring member consent.

Snapshot table: proposals and shareholder support

The supplied voting summary shows strong support for the resolutions.

Key numbers: capital and preferential issue terms

The restructuring package can be summarised through the authorised capital change and preferential issue terms disclosed by the company.

Context: listing history and recent disclosures

The company has disclosed that its shares were listed on BSE Limited under the SME platform in June 2018 through an IPO. The text also notes that the company has passed a resolution for migration of equity shares from the BSE SME platform to the main board, though no further details are included.

Separately, the company informed that a board meeting held on February 11, 2026 approved standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. The document references a limited review report by the statutory auditors M/s Vijay Moondra & Co. for those results.

Market impact: what changes and what investors track

The authorised capital increase expands the company’s headroom to issue additional shares in the future, subject to approvals and applicable regulations. The preferential issue, if completed, will introduce a new non-promoter shareholder with a disclosed 5.10% stake post-allotment.

The company has stated that the allotment will be in dematerialised form and will be completed within 15 days of member approval, subject to regulatory approvals. With the postal ballot schedule disclosed, the next key milestone is the shareholder voting outcome expected on or before March 24, 2026.

Conclusion

Affordable Robotic & Automation’s February 2026 board decisions set up a two-part capital plan: raising authorised capital to ₹20 crore and issuing shares worth about ₹15 crore to Atri Energy Transition Private Limited. The company has laid out a defined shareholder approval process via postal ballot, with voting open from February 21 to March 22, 2026. The timeline points to results by March 24, 2026, after which the company can move to execute the allotment within the stated regulatory window.