Milind Padole increases stake with the acquisition of 45,000 equity shares
Pune, India – March 30, 2026: Affordable Robotic & Automation Limited (ARAPL, BSE: 541402, NSE SYMBOL: AFFORDABLE), India’s leading robotics and automation company, today announced that its Promoter and Managing Director, Milind Padole, has acquired 45,000 equity shares of the Company.
The disclosure was made in accordance with Regulation 7(2)(a) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The acquisition underscores strong promoter confidence in ARAPL’s long-term growth outlook, backed by its expanding global footprint, robust order pipeline, and increasing adoption of automation across industries.
Commenting on the developments, Milind Padole, Founder & Managing Director of ARAPL and Humro, said, “This investment is a reflection of my continued conviction in ARAPL’s strategic direction and long-term value creation potential. We are at a pivotal moment when global manufacturing and infrastructure sectors are rapidly transitioning to intelligent, automated systems. With our strong foundation in robotics, proprietary technologies, and growing international presence, ARAPL is well-positioned to capitalise on these structural opportunities.
Over the past few years, we have consistently scaled our capabilities across this sector of Robotics & autonomy, while also investing in future-ready areas such as AI, machine learning, and advanced robotics. As we deepen our presence in key markets like the United States, Europe, and the Middle East, our focus remains on delivering high-quality, cost-efficient solutions that drive tangible value for our clients and stakeholders.”
ARAPL has demonstrated consistent growth, driven by strong client acquisition, technological innovation, and expansion into global markets. The Company has established itself as a trusted partner for automation solutions, with a diverse portfolio spanning industrial robotics, multilevel car parking systems, smart warehousing solutions and autonomous vehicles. With increasing demand for automation amid global supply chain realignments and a renewed push for manufacturing efficiency, ARAPL is strategically positioned to benefit from long-term industry tailwinds. The Company remains focused on scaling its operations, enhancing technological capabilities, and strengthening its leadership in the robotics and automation space.
About ARAPL
Affordable Robotic & Automation Ltd. (ARAPL), established in 2005 and headquartered in Pune, India, is a leading provider of turnkey automation solutions for various industries. With over a decade of expertise, ARAPL serves a wide range of sectors, including automotive, non-automotive, general industries, and the government sector, extending its customer base across India. The company specialises in industrial automation solutions such as line automation, robotic inspection stations, and automated assembly systems, with significant expertise in robotic welding cells and automated car parking systems. Spanning over 5 plants with over 350+ employees, ARAPL has expanded its operations, including a sales and service office in Faridabad and tech office in Gurgaon. In 2018, ARAPL achieved a significant milestone by being listed on the Indian stock exchange, marking its growth and success in the automation industry.
About Humro
Humro (an ARAPL RaaS brand) is India’s leading deep-tech robotics company, specializing in autonomous mobile robotic solutions for manufacturing, warehousing, and industrial shippers. Its intelligent, safety-certified AMRs and AGVs are powered by patented technology iWare, for navigation and proprietary FleetOps software, delivering enterprise-grade automation with unmatched affordability. With flexible ownership models including Robotics-as-a-Service (RaaS), Pay as you use, leasing, and perpetual licenses, Humro enables businesses of all sizes to scale operations, boost efficiency, and modernize without heavy upfront investment. For more information visit our site at www.humro.com
