NSEPress Release6d ago · 3 Nov 2026, 09:51 am

Press Release

Affordable Robotic & Automation Limited · AFFORDABLE

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Affordable Robotic & Automation Limited (ARAPL) has received Conditional Approval from the US Department of War (DoW) for its subsidiary ARAPL RaaS Private Limited (Humro) to operate in the US autonomous material handling market.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
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Liquidity Impact9/10
Market Sentiment9/10

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Affordable Robotic & Automation Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release.".

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Email: account@arapl.co.in Website: www.arapl.co.in Affordable Robotic & Automation Limited CIN: L29299PN2010PLC135298 Date: November 03, 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 November 03, 2026, titled “ARAPL RaaS (Humro) among first 13 Robotics operators globally to receive US Govt Approval under New FCC Regulations” the content of which is self-explanatory. The same shall also be available on our website at: 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 Manohar Padole Managing Director DIN: 02140324 Encl: As stated Address: Village Wadki, Gat No. 1209 Taluka Haveli, Dist. Pune, Pune, Maharashtra, India - 412308 Mobile: +91-7720018914 FOR IMMEDIATE RELEASE ARAPL RaaS (Humro) Among First 13 Robotics Operators Globally to Receive US Govt Approval Under New FCC Regulations • FCC grants Conditional Approval to ARAPL RaaS's (Humro) autonomous pallet trucks and forklifts, opening a regulatory pathway for its advanced robotics solutions in the $150 billion US autonomous material handling market Pune, November 03, 2026: Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402 | NSE: AFFORDABLE), India’s first listed robotics company, is confident of tapping into a sizeable chunk of the $150 billion U.S. autonomous material handling market backed by a significant regulatory milestone strengthening its global expansion prospects. The company today announced that its Subsidiary ARAPL RaaS Private Limited (Humro) has secured Conditional Approval from the US Department of War (DoW), as announced by the Federal Communications Commission (FCC) on October 30, 2026. ARAPL RaaS (Humro) is among the first few robotics companies globally and the only Indian company to receive this approval following the introduction of the US government's revised regulatory framework for foreign-produced advanced robotic devices. The approval covers ARAPL RaaS's (Humro) Maia2000 autonomous pallet trucks (V1, V3 and V4) and its Atlas AC2000 autonomous forklifts (V1, V2 and V4). The FCC has included these products in its list of advanced robotic devices granted Conditional Approval, exempting them from the FCC's Covered List restrictions. ARAPL RaaS’s (Humro) regulatory approval is significant as it provides a strategic pathway to the company enabling it to access the U.S. autonomous material handling market, including potential opportunities in government procurement, subject to applicable Buy American Act and other eligibility requirements. At a time when the FCC’s revised framework is creating significant regulatory barriers for foreign-produced robotic devices, ARAPL RaaS’s (Humro) inclusion among a select group of approved entities could provide a distinct competitive advantage, strengthen its positioning against low-cost international manufacturers and create opportunities for sustainable, long-term revenue growth. The FCC's announcement names 13 operators across various robotic categories that have received Conditional Approval for their respective products, amongst that ARAPL RaaS (Humro) is one of the companies that received the approvals for autonomous pallet trucks, forklifts, industrial mobile robots, and other advanced robotic platforms, highlighting the expanding applications of robotics across industrial and commercial environments. The Approval process follows the FCC's July 2026 inclusion of foreign-produced advanced robotic devices in its Covered List on national security grounds. Under the framework, companies can seek an exemption through a specific national security assessment by the US Department of War. The approvals are subject to continued compliance with the onshoring plans submitted by the respective companies and updated product vetting. For ARAPL RaaS (Humro), the approval represents an important step towards strengthening its presence in the US market and expanding the reach of its autonomous material-handling solutions. With growing adoption of automation across warehouses, manufacturing facilities and logistics operations, autonomous pallet trucks and forklifts are increasingly relevant to businesses seeking greater operational efficiency, productivity and safer material movement. Commenting on the development, Mr. Robinson Philipose, Co-Founder and CEO of Humro, said, “This is a significant milestone for Humro and an important validation of our technology and our commitment to building globally competitive robotics solutions. Being among the first few robotics companies worldwide to receive Conditional Approval under the revised US regulatory framework is a matter of great pride for us.” “Following the regulatory changes, our team worked relentlessly to replace certain key components that did not meet the revised guidelines. This also required us to make corresponding changes to our technology to ensure compliance. We completed the modifications, submitted our application and secured FCC approval within a remarkably short period. This demonstrates the agility and technical capabilities of our team.” “The approval strengthens our position as we look to expand our international footprint and take our autonomous material-handling solutions to customers in the US. We see considerable potential for robotics to transform warehouse, manufacturing and logistics operations, and this development reinforces our ambition to be an active participant in that transformation. As part of the Conditional Approval, we are also committed to commencing manufacturing in the US in phases over the next two years. We are actively looking to partner with like-minded local players to establish our manufacturing operations in the country.” Commenting on the development, Mr. Melind Padole, Founder and Director of ARAPL Group said, “These are exciting times, with our teams in the US and India expanding rapidly. Securing FCC approval within such a short period demonstrates the strength of our team and the capabilities of our products. As we prepare to commence manufacturing in the US in line with FCC requirements, we have also begun working towards meeting the requirements of the Buy American Act (BAA) and the Trade Agreements Act (TAA).” “In parallel, we are developing a new technology platform based on Vision-Language Action models. Our next-generation robots will be more human-like in their ability to perceive, understand and interact with their surroundings, and will incorporate reinforcement learning capabilities. This will enable them to learn from experience, adapt to changing environments and perform increasingly complex tasks. We believe these advancements will play an important role in shaping the future of intelligent and autonomous robotics.” ARAPL RaaS (Humro) is also simultaneously advancing its next-generation robotics technology platform based on Vision-Action-Language (VAL) models, an emerging approach that enables robots to integrate visual perception, language-based instructions and physical actions. The platform is being developed to make robots more intuitive, adaptive and capable of interacting with dynamic environments. The next generation of Humro robots is envisaged to be more human-like in their ability to perceive their surroundings, understand instructions, make decisions and execute complex tasks. The technology will also incorporate reinforcement learning capabilities, enabling robot [Showing first 8,000 characters — download PDF for full document]