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Patil Automation Increases Stake in Mii Robotics to 70%

Patil Automation Increases Stake in Mii Robotics to 70%
Patil Automation Strengthens Defence Automation Presence; Increases Stake in Mii Robotics to 70% · theprint.in

There is a company called Patil Automation that makes robots and machines for factories.

It builds machines that help make cars and other important products.

Patil Automation already owned most of a smaller company called Mii Robotics.

Now it has decided to buy even more, so it will own 70 out of every 100 parts of Mii Robotics.

Mii Robotics makes machines used for defence, which means things that help keep a country safe.

Its machines help make shells, bullets and other military items.

The two companies plan to work more closely together.

This should help them build better machines and grow their business.

People expect the deal to be finished in about 30 days.

Key facts

Company
Patil Automation Limited (NSE: PATILAUTOM)
New stake in Mii Robotics
70% (additional 10%, up from 60%)
Expected completion
Within 30 days
Mii Robotics founded
2017, Pune
Patil Automation founded
2015, headquartered in Pune
Manufacturing facilities
3 units at MIDC Chakan, Pune, covering ~2 lakh sq ft
FY26 financials
Total Income ₹172.79 crore; EBITDA ₹30.65 crore; Net Profit ₹19.07 crore

Quotes

Mr. Manoj Patil

Promoter and Managing Director of Patil Automation Limited

““The defence sector continues to present significant opportunities for advanced automation and precision manufacturing. Increasing our stake in Mii Robotics reflects our confidence in its technological capabilities and our long‑term commitment to strengthening our presence in this high‑potential segment. With greater integration, we aim to enhance our automation offerings, leverage operational synergies and create sustainable value for our customers and stakeholders.””
theprint.in

Sources

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