Arvind SmartSpaces Limited shareholders approved the appointment of M/s. Walker Chandiok & Co LLP as statutory auditors for five years and re-elected Mr. Kulin Sanjay Lalbhai as a director at its 18th annual general meeting held on September 11, 2026.

The meeting, conducted via video conferencing, saw high promoter participation with 99.82% of votes polled in favor of key resolutions. All seven ordinary and special resolutions were passed with requisite majorities.

Voting Participation

The company had 94,371 shareholders on the record date of September 4, 2026. Remote e-voting was open from September 8 to September 10, 2026. Only 70 shareholders attended the virtual meeting, comprising one promoter and 69 public shareholders.

Key Resolutions Passed

The following resolutions were approved by the shareholders:

• Adoption of audited financial statements for FY26 and reports of directors and auditors.
• Declaration of dividend on equity shares for FY26.
• Re-appointment of Mr. Kulin Sanjay Lalbhai (DIN: 05206878) as a director liable to retire by rotation.
• Appointment of M/s. Walker Chandiok & Co LLP (ICAI Firm Registration No.: 001076N/N500013) as statutory auditors for five consecutive years.
• Appointment of M/s. Walker Chandiok & Co LLP to fill the casual vacancy in the office of statutory auditor.
• Ratification of remuneration for M/s. Kiran J. Mehta & Co., Cost Accountants, for FY27.
• Approval of remuneration for non-executive directors for the period from April 1, 2026, to March 31, 2031.

Resolution-wise Voting Results

Promoters voted unanimously in favor of all resolutions. Public institutional investors showed minor dissent on the adoption of financial statements and the re-appointment of Mr. Kulin Sanjay Lalbhai.

Governance and Compliance

The proceedings were conducted in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Voting results, as required under Regulation 44(3) of the Listing Regulations, have been submitted to the exchanges.

Prakash Bhogibhai Makwana, Company Secretary (Membership No.: A7279), certified the proceedings. The company communicated these outcomes to both BSE Limited and the National Stock Exchange of India Ltd.

Arvind SmartSpaces Limited published a newspaper advertisement in the Financial Express (All India English edition and Ahmedabad Gujarati edition) on August 19, 2026, containing the notice for its 18th Annual General Meeting. The publication confirms the logistical details for the meeting and remote e-voting process.

AGM Schedule and Voting

The 18th AGM is scheduled for Friday, September 11, 2026, at 11:00 am via Video Conferencing/Other Audio Visual Means (VC/OAVM). Remote e-voting will be available from 9:00 am on September 8, 2026, until 5:00 pm on September 10, 2026. The cut-off date for determining voting eligibility is September 4, 2026.

Members who have already cast their votes through remote e-voting can still attend the AGM via VC/OAVM. Those attending the virtual meeting may also cast their votes during the session if they have not voted remotely beforehand. For queries regarding the e-voting facility, shareholders may contact NSDL at 022-4886 7000 or evoting@nsdil.com .

Record Operational Performance

The company achieved its highest-ever annual booking value of ₹1,550 crore, reflecting a 22% year-on-year growth, driven by sustained demand across its existing portfolio and strong traction from new project launches. New projects contributed nearly 60% of annual bookings, amounting to approximately ₹930 crore. Collections during the year stood at a record ₹1,100 crore, up 17% year-on-year, supported by disciplined project execution and timely receivables. Net operating cash flows for the year were ₹417 crore, compared to ₹351 crore in the previous year.

Key project launches during the year included Arvind Skycrest in Bannerghatta, Bengaluru, which recorded bookings of 164 units worth ₹262 crore, representing 53% of inventory within a week of launch; Arvind Greenfields in Ajwa Road, Vadodara, with 323 units worth ₹178 crore (42% of launched inventory); and Arvind Everland in Mankol, Ahmedabad, with 1,112 units worth ₹461 crore (90% of launched inventory). Sustenance sales contributed over ₹600 crore to total bookings.

Financial Highlights for FY26

The following table presents the key financial metrics for the year ended March 31, 2026, on both standalone and consolidated bases.

On a standalone basis, revenue from operations grew to ₹23,787.48 lakh from ₹12,483.36 lakh in the previous year, with EBITDA margin expanding to 38% from 25%. Net profit attributable to equity holders on a consolidated basis stood at ₹9,644.35 lakh. The consolidated net debt-to-equity ratio increased to 0.26 as of March 31, 2026, from (0.04) a year earlier, reflecting debt deployed for new project acquisitions, while remaining well within the company's stated ceiling of 1.0x.

Business Development and Portfolio Expansion

During FY26, the company added projects with an estimated cumulative topline potential of approximately ₹3,140 crore across Ahmedabad, Bengaluru, Vadodara, and the Mumbai Metropolitan Region (MMR). Key additions included:

• A premium residential high-rise project in Vastrapur, Ahmedabad, with a topline potential of approximately ₹400 crore and saleable area of 3.6 lakh sq. ft.
• A premium residential high-rise project in Nallurahalli, Whitefield, Bengaluru, with a topline potential of approximately ₹550 crore and saleable area of approximately 4.6 lakh sq. ft.
• Two premium residential high-rise projects in Bengaluru: one in Sarjapur with a topline potential of approximately ₹860 crore and saleable area of approximately 6.8 lakh sq. ft., and one in Nagondanahalli, Whitefield, with a topline potential of approximately ₹330 crore and saleable area of approximately 2.5 lakh sq. ft.
• The company's first society redevelopment project in Santacruz, Mumbai, with an estimated topline potential of approximately ₹300 crore.
• Entry into Vadodara with a horizontal township project under the joint development model, with an estimated topline potential of approximately ₹700 crore.

As of March 31, 2026, the company had completed 9.8 Mn Sq. Ft. of development, with 57.9 Mn Sq. Ft. under ongoing projects and 29.9 Mn Sq. Ft. in the planned pipeline. Unrecognised revenue stood at ₹3,733 crore, up from ₹2,778 crore in the previous year, providing strong earnings visibility.

Dividend and Governance

The board recommended a final dividend of ₹2.25 per equity share of face value ₹10 each for FY26, marking the fourth consecutive year of dividend distribution. The dividend, if approved at the 18th AGM, will involve a cash outflow of approximately ₹1,032.01 lakh. The record date for dividend entitlement is Friday, August 28, 2026. With effect from November 18, 2025, dividends are processed only in electronic mode, with payment warrants discontinued as per SEBI guidelines.

M/s. S R B C & Co LLP resigned as statutory auditors after completing the maximum permissible term of 10 consecutive years (FY17 to FY26). The board appointed M/s. Walker Chandiok & Co LLP (ICAI Firm Registration No.: 001076N/N500013) to fill the casual vacancy with effect from August 7, 2026. Shareholders are being asked to ratify this appointment and approve Walker Chandiok's continuation for a term of five consecutive years from the conclusion of the 18th AGM until the conclusion of the 23rd AGM in 2031. The proposed remuneration for Walker Chandiok is ₹40 lakh for FY27, exclusive of applicable taxes and out-of-pocket expenses.

During FY26, the company underwent a planned leadership transition. Priyansh Kapoor was appointed as Managing Director and Chief Executive Officer with effect from February 10, 2026, while Kamal Singal was re-designated as Whole-time Director (Strategy and Investments). Kulin S. Lalbhai assumed the role of Chairman with effect from November 3, 2025. The company also strengthened its senior leadership bench with appointments of a new Chief Financial Officer, Chief Operating Officer, and city-level Chief Business Officers across Ahmedabad, Bengaluru, and the Mumbai Metropolitan Region.

The company holds an AA-/Stable long-term credit rating from India Ratings and Research, reflecting consistent operating performance and sound financial discipline. As of March 31, 2026, the company had a market capitalisation of ₹2,304 crore and a workforce of 536 employees.