ARAPL Subsidiary Receives $5.47M International Robot Order

Key Quantitative Figures

• Order value: Approximately US$ 5.47 million (₹51.8 crore)
• Quantity: 103 autonomous robots

Parties Involved

• Disclosing entity: Affordable Robotic & Automation Limited (CIN: L29299PN2010PLC135298)
• Subsidiary receiving order: ARAPL RaaS Private Limited (Humro)
• Order awarded by: International customer (name not disclosed due to confidentiality)

Significant Terms and Conditions

• Nature of order: Supply of autonomous robots
• International entity awarded the contract
• No interest by promoter/promoter group/group companies in the entity awarding the order
• Does not qualify as related party transaction
• Commercial consideration: Approximately US$ 5.47 million (₹51.8 crore)

Financial and Operational Impact

The order represents a significant international contract for the subsidiary. The disclosure confirms the transaction is at arm's length with no related party interests.

#Tags: #AffordableRobotic #SEBIRegulation30 #ContractAward #InternationalOrder #Robotics #Neutral