Arvind SmartSpaces re-appoints internal auditor for FY 2026-27

1 min read     Updated on 21 May 2026, 01:27 AM
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AI Summary

Arvind SmartSpaces Limited has re-appointed M/s. Mahajan & Aibara Associates as its internal auditor for FY 2026-27 following a Board meeting on May 20, 2026. The firm, with over 40 years of experience and a staff strength of 250+, brings significant expertise in the real estate sector.

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Arvind SmartSpaces Limited has re-appointed M/s. Mahajan & Aibara Associates, Chartered Accountants, as its internal auditor for the fiscal year 2026-27. The Board of Directors approved the re-appointment at its meeting held on May 20, 2026, based on the recommendation of the Audit Committee. The decision was communicated to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Re-appointment

The firm has been re-appointed for a term covering FY 2026-27. M/s. Mahajan & Aibara Associates holds a Firm Registration No. 105743W. The company disclosed that the reason for the regulatory intimation was the re-appointment of the internal auditor.

Profile of the Auditor

M/s. Mahajan & Aibara is a specialist firm with over 40 years of experience providing internal audit services. The firm serves multiple Indian corporations, multinational companies, and large business houses across India and the Middle East. It is led by 10 partners and directors and employs a multidisciplinary staff strength of over 250 professionals throughout the country.

The firm possesses significant experience in the real estate sector across a wide spectrum of clients. The company noted that the firm's capability and prior experience with the group would allow it to integrate smoothly into the system and add tangible value to the organization.

Key Information

Particulars Details
Reason for change Re-appointment
Date of re-appointment May 20, 2026
Term of re-appointment FY 2026-27
Firm Reg. No. 105743W
Relationship with directors Not Applicable

Historical Stock Returns for Arvind SmartSpaces

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%+2.82%+4.42%+4.72%-11.99%+509.96%

How might the continuity of M/s. Mahajan & Aibara Associates as internal auditor impact Arvind SmartSpaces' audit findings and corporate governance ratings in FY 2026-27?

Could Arvind SmartSpaces consider expanding the internal audit scope beyond traditional areas given the firm's multidisciplinary expertise, particularly amid rapid real estate sector growth?

How does Arvind SmartSpaces' internal audit framework compare to peers in the listed real estate space, and could stronger audit oversight influence investor confidence in the stock?

Arvind SmartSpaces Appoints Ms. Shalaka Samant as Chief Design Officer Effective May 18, 2026

1 min read     Updated on 18 May 2026, 10:43 PM
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Arvind SmartSpaces Limited appointed Ms. Shalaka Samant as Chief Design Officer effective May 18, 2026, designating her as Senior Management Personnel under SEBI LODR Regulations. Ms. Samant carries over two decades of experience in architecture, interiors, sustainability, and integrated project leadership across diverse real estate segments in India. She previously served as Head of Design (Pan India) at Isprava Vesta Pvt. Ltd. and has held leadership roles at K. Raheja Corp Pvt. Ltd. and En-Vision Design Studio Pvt. Ltd. In her new role, she will be responsible for strengthening design excellence, innovation, sustainability, and integrated project delivery at Arvind SmartSpaces.

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Arvind SmartSpaces Limited has announced the appointment of Ms. Shalaka Samant as Chief Design Officer of the Company, effective May 18, 2026. The Company has also designated her as Senior Management Personnel in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed by Company Secretary Prakash Makwana on May 18, 2026.

Appointment Details

The following key details of the appointment have been disclosed as required under Clause 7 of Para A of Part A of Schedule III of the SEBI LODR Regulations:

Parameter: Details
Name: Ms. Shalaka Samant
Designation: Chief Design Officer
Nature of Change: Appointment
Effective Date: May 18, 2026
Category: Senior Management Personnel

Profile of Ms. Shalaka Samant

Ms. Shalaka Samant brings over two decades of rich experience in architecture, interiors, sustainability, and integrated project leadership. Her expertise spans large-scale residential, commercial, hospitality, healthcare, mixed-use, and township developments across India.

Prior to joining Arvind SmartSpaces, she served as Head of Design (Pan India) at Isprava Vesta Pvt. Ltd., where she led design transformation initiatives across the design function for multiple luxury residential projects. She has also held leadership roles with reputed organizations including K. Raheja Corp Pvt. Ltd. and En-Vision Design Studio Pvt. Ltd.

Her academic credentials include:

  • Senior Leadership Program at Saïd Business School, University of Oxford
  • Cornell CAIO on Organisational AI Strategy from Cornell University
  • Architect by profession

Role at Arvind SmartSpaces

In her new role as Chief Design Officer, Ms. Samant will be responsible for strengthening the Company's design excellence, innovation, sustainability, and integrated project delivery capabilities. The appointment underscores the Company's focus on elevating its design and project leadership functions across its development portfolio.

Historical Stock Returns for Arvind SmartSpaces

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%+2.82%+4.42%+4.72%-11.99%+509.96%

How might Ms. Samant's background in luxury residential design from Isprava Vesta influence Arvind SmartSpaces' positioning in the premium housing segment?

Could the appointment of a dedicated Chief Design Officer signal Arvind SmartSpaces' plans to expand into new verticals such as hospitality or healthcare real estate?

How will Ms. Samant's expertise in AI organizational strategy, gained from Cornell, potentially reshape design processes and technology adoption at Arvind SmartSpaces?

More News on Arvind SmartSpaces

1 Year Returns:-11.99%