Affordable Robotic & Automation Ltd revised its Valuation Report for a proposed preferential issue of up to 6,04,839 equity shares to a non-promoter entity.
Revisions were made following observations from Stock Exchanges on the in-principle approval application; fair value of equity shares remains unchanged.
Funds raised from the preferential issue will be utilised within 30 days of receipt from allottees, per SEBI (LODR) Regulation 30 disclosure.