Press Release

Email: account@arapl.co.in Website: www.arapl.co.in Affordable Robotic & Automation Limited CIN: L29299PN2010PLC135298 Date: July 23, 2026 To, To, The Manager Listing department The Manager Listing department BSE Limited NSE Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra – Kurla Complex, Mumbai – 400 001 Bandra (EAST), Mumbai – 400051 BSE SCRIP CODE: 541402 NSE SYMBOL: AFFORDABLE Subject: Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Press Release dated July 23, 2026, regarding the Board's approval of a preferential issue of fully convertible warrants to the Promoter against conversion of an outstanding unsecured loan. The same shall also be available on our website www.arapl.co.in. We request you to kindly take the above information on your records. Thank you. Yours faithfully For Affordable Robotic & Automation Limited Milind Padole Managing Director Encl: As stated Address: Village Wadki, Gat No. 1209 Taluka Haveli, Dist. Pune, Pune, Maharashtra, India - 412308 Mobile: +91-7720018914 FOR IMMEDIATE RELEASE Affordable Robotic & Automation Ltd.’s Board Approves Preferential Issue of Warrants to Promoter Against Conversion of ₹21 Crore Loan Pune, India – July 23, 2026: Affordable Robotic & Automation Ltd. (ARAPL) (BSE: 541402, NSE: AFFORDABLE) has announced that its Board of Directors has approved the preferential issue of 10.94 lakh fully convertible warrants to promoter Mr. Melind Padole, MD & CEO, at an issue price of ₹192 per warrant (including a premium of ₹182 per share), aggregating to ₹21 crore. The warrants are proposed to be issued against conversion of an outstanding unsecured loan of ₹21 crore advanced by the promoter to the company, in accordance with the pricing formula prescribed under Regulation 164 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The proposed issuance is subject to the approval of shareholders by way of a special resolution through postal ballot (notice for which was issued on July 20, 2026), and other requisite regulatory and statutory approvals. The warrants allotted to the promoter shall be subject to a lock-in period as prescribed under applicable SEBI regulations. Rationale and Impact The settlement of the ₹21 crore loan liability through this conversion will strengthen ARAPL's capital structure and reduce debt obligations, thereby improving key leverage and coverage ratios. On a fully diluted basis, upon conversion of the warrants, promoter group shareholding is expected to change from 41.41% to approximately 46.36%, with public shareholding adjusting correspondingly. The company believes the conversion of debt into equity-linked capital will enhance financial flexibility, improve the balance sheet, and create a stronger foundation for pursuing strategic growth opportunities in India's rapidly expanding industrial automation sector. Management Commentary Commenting on the development, Mr. Melind Padole, MD & CEO, ARAPL, said, "At ARAPL, we believe there is immense opportunity ahead for industrial automation in India. As manufacturers increasingly embrace smart factories, robotics and advanced automation to enhance competitiveness, we believe the sector is entering a sustained phase of growth driven by the 'Make in India' and advanced manufacturing agenda. The conversion of the promoter loan into equity-linked capital is more than a balance sheet exercise — it is a strategic commitment to the company's future. Strengthening the capital base while reducing debt enhances our financial resilience, improves our ability to invest in innovation, expand execution capabilities, and pursue emerging opportunities across high-growth manufacturing sectors. We remain focused on building a technology- led, globally competitive Indian automation company that creates long-term value for all stakeholders." 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 two decades 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, China, and other parts of Asia. 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 350,000 square feet with over 400 employees, ARAPL has expanded its operations with multiple facilities, including a sales and service office in Faridabad. Disclaimer Certain statements in this press release relating to the company's future business prospects, growth, and financial performance may constitute "forward-looking statements" within the meaning of applicable laws and regulations. Actual results may differ materially from those expressed or implied in such statements, owing to various risks and uncertainties. The company undertakes no obligation to publicly update or revise these forward-looking statements. For Media Queries Deepali Shah 90295 57708 deepali@fortunapr.com For IR Queries Rajshree Ganguly 98338 07235 rajshree@fortunapr.com