NSEPress Release18h ago · 9 Nov 2026, 11:24 am
Press Release
Affordable Robotic & Automation Limited · AFFORDABLE
✦ AI Summary▲ PositiveOrder Win
Affordable Robotic & Automation Limited (ARAPL) has secured an order worth ₹19 crore for its next-generation Automated Guided Vehicle (AGV)-based car parking technology, marking a major milestone in the commercialisation of its robotic parking solutions.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Affordable Robotic & Automation Limited has informed the Exchange regarding a press release dated November 09, 2026, titled "Pursuant to Regulation 30 and other applicable provisions of the SEBI LODR Regulations, 2015, we are hereby enclosing the Press Release issued by the Company. Kindly take the same on your records.".
Attachments (1)
📄pdf
Download →
AFFORDABLE_09112026112329_WorkOrderPressRelease11092026.pdf
View document text
Email: account@arapl.co.in
Website: www.arapl.co.in
Affordable Robotic & Automation Limited CIN: L29299PN2010PLC135298
Date: November 09, 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: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Press Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed a copy of the press release titled " ARAPL Secures ₹19 Crore Order for
Its Next-Generation AGV-Based Automated Car Parking Technology", being issued by the
Company.
The press release is also being uploaded on the Company's 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 Padole
Managing Director
DIN: 02140324
Encl: Attached
Address: Village Wadki, Gat No. 1209 Taluka Haveli, Dist. Pune, Pune, Maharashtra, India - 412308
Mobile: +91-7720018914
Affordable Robotic and Automation Limited
ARAPL Secures ₹19 Crore Order for Its Next-
Generation AGV-Based Automated Car Parking
Technology
Largest-ever single order in the company's AGV car parking business marks a major
milestone in the commercialisation of its robotic parking solutions under the Relipark
brand.
Pune, November 09, 2026: Affordable Robotic and Automation Limited (ARAPL) (BSE:
541402 | NSE: AFFORDABLE), India's first listed robotics company, has secured an order
worth approximately ₹19 crore for its next-generation Automated Guided Vehicle (AGV)-
based car parking technology. This is the largest single order in the company's AGV car
parking business since it commercially launched its product in September 2026 and
marks a significant milestone in the commercialisation of its next-generation robotic
parking solutions.
The company markets its advanced automated parking solutions under Relipark, a
dedicated brand created to bring its next-generation parking technologies under a
distinct identity. Relipark builds on ARAPL's engineering, manufacturing and execution
capabilities developed through its experience in robotic welding lines, warehouse
robotics and automated parking systems for manufacturers and real estate developers.
The newly secured order represents an important commercial step for ARAPL's parking
technology, which uses battery-operated autonomous mobile robots to transport and
position vehicles within a parking facility. The technology is designed to optimise parking-
space utilisation, reduce dependence on conventional mechanical infrastructure and
provide greater operational flexibility.
A new generation of robotic parking technology
ARAPL's new parking architecture represents a shift from conventional mechanical multi-
level parking systems, which typically rely on interconnected chains, bearings,
conveyors, couplers, pallets and multiple motors.
Mr. Rahul Padole, CIO and Director, ARAPL Group, said:
“We have been in the automated parking business since 2012 and have experienced first-
hand the limitations of conventional multi-level parking systems. Traditional designs
involve numerous mechanical components, each of which can become a potential point
of failure. A typical car pallet may require two to three motors, adding to system
complexity and maintenance requirements.
In 2019, we began developing a new generation of parking robots with the objective of
moving away from conventional mechanical architectures and embracing autonomous
mobility technology.
Our mobile-robot-based approach uses a fleet of intelligent robots to perform parking
and retrieval operations. If one robot becomes unavailable, another can take over its task,
helping maintain operational continuity. We have focused on fleet-level redundancy,
reliability and lower lifecycle maintenance. We believe this technology has the potential
to make automated parking more flexible and dependable.”
Product portfolio and technology roadmap
Mr. Melind Padole, Founder and Director, ARAPL Group, said:
“We named our first product 2M because our objective is to retrieve a parked vehicle in
as little as two minutes, subject to project configuration and operating conditions. Our
next model, VaLe, is designed around a valet-parking concept, offering a convenient
parking experience for users.
We have already launched the 2M mobile robot model. The 2M Slim is scheduled for
launch by the end of 2026. This will be followed by VaLe, our third and most advanced
model, which we expect to launch by October 2027. We are also developing two
additional models, planned for 2028, for outdoor parking applications.”
Relipark's expanding product portfolio is intended to address different parking
requirements, from compact urban developments and premium residential projects to
large commercial facilities and outdoor parking infrastructure. Its modular, battery-
operated and autonomous architecture is designed to provide flexibility in system
configuration, capacity expansion and operations.
Flexible business models and lower lifecycle costs
Relipark aims to offer developers and infrastructure owners flexible approaches to
implementing automated parking infrastructure. Under proposed commercial models,
eligible developers may be able to deploy parking infrastructure with zero upfront
investment or on a cost-neutral basis, depending on project feasibility and the agreed
commercial structure. Company has aimed to offer 20 such projects where they will offer
cost neutral parking. With limited offering there is huge demand for this.
The systems are modular and compact, enabling efficient use of available space. Based
on the company's estimates, the simplified robotic architecture is expected to reduce
post-installation maintenance costs by approximately 40% compared with conventional
multi-level mechanical parking systems. Actual savings will depend on project design,
utilisation, service arrangements and operating conditions.
As part of its market-development strategy, Relipark plans to offer free* parking
infrastructure for up to 20 qualifying projects by the end of 2027, subject to technical
feasibility, site evaluation and mutually agreed commercial terms. The company will
assess each project's layout, structural requirements, parking potential and commercial
viability before confirming participation. The precise scope of the complimentary offering
will be set out in the relevant project agreement.
Targeting international airport parking and premium real estate markets
Relipark will showcase its next-generation automated parking solutions at two industry
exhibitions in November 2026:
Airport Parking Network London: 18–20 November 2026
ACETECH Mumbai 2026: 19–22 November 2026
UK airport parking opportunity
At Airport Parking Network London, Relipark will present its technology to international
airport operators, parking management companies and infrastructure stakeholders. The
company sees opportunities to modernise existing airport parking facilities in the UK and
other international markets.
Its brownfield solutions are developed for existing parking facilities where extensive
structural modifications are difficult or commercially impractical. According to the
company's preliminary engineering assessments, the technology may increase parking
capacity by approximately 40–50% at suitable sites, depending on the existing layout,
clearances, circulation arrangements, structural constraints and project-specific
feasibility.
ARAPL has submitted proposals to several airport stakeholders and is exploring potential
joint ventures with parking management companies in the UK to support market entry
and project execution. Any project will remain subject to technical evaluation,
commercial negotiations and the
[Showing first 8,000 characters — download PDF for full document]