{"id":109671,"date":"2026-08-11T05:04:07","date_gmt":"2026-08-11T05:04:07","guid":{"rendered":"https:\/\/indianweekend.in\/index.php\/2026\/08\/11\/patil-automation-strengthens-defence-automation-presence-increases-stake-in-mii-robotics-to-70\/"},"modified":"2026-08-11T05:04:07","modified_gmt":"2026-08-11T05:04:07","slug":"patil-automation-strengthens-defence-automation-presence-increases-stake-in-mii-robotics-to-70","status":"publish","type":"post","link":"https:\/\/indianweekend.in\/index.php\/2026\/08\/11\/patil-automation-strengthens-defence-automation-presence-increases-stake-in-mii-robotics-to-70\/","title":{"rendered":"Patil Automation Strengthens Defence Automation Presence; Increases Stake in Mii Robotics to 70%"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Pune\/Mumbai (Maharashtra) [India], August 8:<\/strong>\u00a0<strong>Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016)<\/strong>,\u00a0a leading provider of turnkey welding, assembly and robotics-integrated automation solutions,\u00a0<strong>has announced that its Board of Directors has approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited, increasing the Company\u2019s shareholding from 60% to 70%.<\/strong><\/p>\n<p class=\"wp-block-paragraph\">The acquisition reinforces Patil Automation\u2019s strategic focus on expanding its capabilities in the rapidly evolving\u00a0<strong>defence automation<\/strong>\u00a0segment. Mii Robotics is engaged in automation solutions for grinding and processing applications in the defence industry, along with automation consultancy and support services. The transaction is expected to be completed within\u00a0<strong>30 days<\/strong>, subject to customary closing formalities.<\/p>\n<p class=\"wp-block-paragraph\">The increased ownership will further strengthen operational alignment between the two companies and enable deeper collaboration in developing specialized automation solutions for defence applications.<\/p>\n<h3 class=\"wp-block-heading\"><strong>About Mii Robotics Private Limited<\/strong><\/h3>\n<p class=\"wp-block-paragraph\">Established in\u00a0<strong>2017<\/strong>, Mii Robotics Private Limited is a Pune-based automation company specializing in automation solutions for the\u00a0<strong>defence and aerospace sectors<\/strong>. The company designs and manufactures standard machines for grinding and processing applications, while also providing automation consultancy and technical support services. Mii Robotics has established expertise in executing specialized defence automation projects, including\u00a0<strong>artillery shell handling manufacturing lines, shell nub welding lines, ultrasonic testing lines, and bullet manufacturing lines<\/strong>, and has built a strong order book across these high-value segments.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Commenting on the\u00a0development, Mr. Manoj Patil, Promoter and Managing Director of Patil Automation Limited, said:<\/strong>\u00a0<em>\u201cThe 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.\u201d<\/em><\/p>\n<h3 class=\"wp-block-heading\"><strong>About Patil Automation Limited<\/strong><\/h3>\n<p class=\"wp-block-paragraph\"><strong>Patil Automation Limited (\u201cPAL\u201d or \u201cthe Company\u201d),<\/strong>\u00a0founded in 2015 and headquartered in Pune, is a comprehensive automation solutions provider catering to both automotive and non-automotive sectors. The Company offers end-to-end automation systems encompassing design, manufacturing, testing, installation, modification, and maintenance services for industries such as automotive, electric vehicles (EV), defense, construction equipment, renewable energy, white goods, and general engineering.<\/p>\n<p class=\"wp-block-paragraph\">PAL\u2019s diverse product portfolio includes welding lines, assembly lines, special purpose machines (SPMs), and material handling systems, engineered to enhance precision, productivity, and scalability in modern manufacturing setups.<\/p>\n<p class=\"wp-block-paragraph\">The Company now operates 3 advanced manufacturing facilities at MIDC Chakan, Pune, covering ~2 lakh sq. Ft., with a combined annual production capacity of ~3,454 units, enabling faster execution and expansion into new industrial segments.<\/p>\n<p class=\"wp-block-paragraph\">PAL has successfully delivered automation projects across 10+ countries, with a strong domestic presence in Maharashtra, Haryana, Karnataka, and other key manufacturing hubs.<\/p>\n<p class=\"wp-block-paragraph\">For FY26, the Company reported a Total Income of\u00a0\u20b9172.79 crore, EBITDA of\u00a0\u20b930.65 crore, and Net Profit of\u00a0\u20b919.07 crore, reflecting consistent operational and\u00a0financial growth.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pune\/Mumbai (Maharashtra) [India], August 8:\u00a0Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016),\u00a0a leading provider of turnkey welding, assembly and robotics-integrated automation solutions,\u00a0has announced that its Board of Directors has approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited, increasing the Company\u2019s shareholding from 60% to 70%. The acquisition reinforces Patil Automation\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":109672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116],"tags":[19],"class_list":["post-109671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/109671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/comments?post=109671"}],"version-history":[{"count":0,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/109671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media\/109672"}],"wp:attachment":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media?parent=109671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/categories?post=109671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/tags?post=109671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}