Arvind SmartSpaces Limited has announced the successful completion of its postal ballot process, with shareholders approving all 10 resolutions presented in the notice dated 10th February, 2026. The company informed stock exchanges on 16th March, 2026, that all resolutions were passed with requisite majority following the scrutinizer's report submitted by Mr. Hitesh Buch, Practising Company Secretary.

Voting Process Overview

The postal ballot was conducted entirely through electronic voting, in compliance with MCA circulars and SEBI regulations. The voting period commenced at 09:00 AM on 14th February, 2026, and concluded at 05:00 PM on 15th March, 2026. The cut-off date for determining voting rights was 6th February, 2026, with 95297 members eligible to participate.

Key Resolutions Approved

The approved resolutions encompass various strategic and operational matters. Resolution 1 and 2, both special resolutions, received overwhelming support with 99.97% approval rates. These resolutions address the increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013, and creation of charges on movable and immovable properties for borrowings.

Financial and Strategic Approvals

Resolution 3, an ordinary resolution for material related party transactions involving Special Purpose Vehicles (SPVs), achieved 99.99% approval with 12125152 votes in favour. This resolution enables offering certain moveable and immovable properties of SPVs as security for loans obtained by the company.

Leadership Re-designations

Shareholders approved the re-designation of key leadership positions through special resolutions. Mr. Priyansh Kapoor's re-designation as Managing Director & CEO received exceptional support with 99.997% approval (36641915 votes). Mr. Kamal Singal's re-designation as Whole-time Director (Director – Strategy and Investments) was approved with 99.56% support (36483347 votes).

Employee Stock Option Schemes

Multiple resolutions related to employee stock option schemes were approved with strong shareholder support. The administration of 'Arvind SmartSpaces Limited - Employee Stock Option Scheme 2025' through an irrevocable employee welfare trust received 99.97% approval. Similarly, resolutions for secondary acquisition of shares and administration of the existing 'Arvind Infrastructure Limited Employee Stock Option Plan 2016' were approved with comparable margins.

ESOP-Related Approvals

Voting Pattern Analysis

The voting pattern showed strong participation across all shareholder categories. Promoter and Promoter Group, holding 22852998 shares, demonstrated 99.80% participation with unanimous support for most resolutions. Public Institutions with 7729170 shares showed 94.93% participation, while Public Non-Institutions holding 15284811 shares had 42.51% participation.

The scrutinizer's report confirmed that all resolutions were passed with requisite majority, validating the electronic voting process conducted through National Securities Depository Limited. The company has uploaded the complete results and scrutinizer's report on its website at www.arvindsmartspaces.com , ensuring transparency and regulatory compliance.

Arvind SmartSpaces Limited has received disclosure from HDFC Capital Affordable Real Estate Fund-1 regarding a significant reduction in its shareholding. The fund, operating through trustee Vistra ITCL (India) Limited, has disposed of a substantial portion of its equity stake in the real estate company.

Shareholding Reduction Details

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the following transaction details:

Transaction Specifics

HDFC Capital Affordable Real Estate Fund-1 sold 12,73,530 equity shares through open market transactions. The disposal occurred on two specific dates:

• February 24, 2026
• March 9, 2026

The fund is a Category II alternative investment fund registered with SEBI and does not belong to the promoter or promoter group of Arvind SmartSpaces.

Company Capital Structure

The company's capital structure remained unchanged following these transactions:

Regulatory Compliance

Vistra ITCL (India) Limited, serving as trustee for HCARE-1, filed the mandatory disclosure with both BSE Limited and National Stock Exchange of India Limited on March 10, 2026. The disclosure was signed by authorized signatory Sameer Bharat Sheth and submitted electronically to ensure compliance with SEBI regulations.

The shares of Arvind SmartSpaces continue to be listed on both major Indian stock exchanges - BSE (Scrip Code: 539301) and NSE (Symbol: ARVSMART). This transaction represents a significant portfolio adjustment by the institutional investor while maintaining transparency through proper regulatory disclosures.