Arvind SmartSpaces Limited has announced its Q3 FY26 quarterly results for the quarter ended December 31, 2025, alongside a significant leadership transition. The Board of Directors approved these developments during their meeting held on February 10, 2026, under Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Major Leadership Transition

The company has implemented a structured leadership transition as part of its long-term succession planning. The key changes include:

Kamal Singal stepped down from his position as Managing Director and CEO with effect from the close of business hours on February 10, 2026, after leading the company with distinction for over 15 years.

Board Meeting Outcomes

The Board of Directors meeting, which commenced at 3:45 PM and concluded at 5:40 PM on February 10, 2026, approved several key decisions:

Both leadership changes are subject to approval by the company's members.

Earnings Call Recording Available

Following the results announcement, the company held a conference call with analysts and investors on February 11, 2026 to discuss the Q3 & 9M FY26 results. The audio recording of this earnings call is now available for stakeholders:

Management Commentary

Kulin Lalbhai, Chairman, emphasized that this transition represents the outcome of a structured succession process initiated in July 2025. He expressed confidence in Priyansh Kapoor's proven execution capabilities and extensive real estate industry experience to scale the company further.

Kamal Singal highlighted his 15-year journey with the company through multiple market cycles, expressing enthusiasm about contributing at the board level while working closely with the leadership team. Priyansh Kapoor committed to building on the strong foundation and driving sustainable long-term growth for all stakeholders.

Company Profile

Built on the 128+ years legacy of the Lalbhai Group and established in 2008, Arvind SmartSpaces operates as India's leading real estate development company headquartered in Ahmedabad. The company has developed approximately 110 million square feet of real estate across key markets including Ahmedabad, Gandhinagar, Bengaluru, MMR, and Pune.

Contact Information

For further information, stakeholders can contact Vikram Rajput, Head of Business Development MMR and Investor Relations, at vikram.rajput@arvind.in or +91 9607996930.

Ketan Ratilal Patel has increased his shareholding in Arvind Smartspaces Ltd through an open market acquisition of 2,000 equity shares on January 21, 2026. The transaction was disclosed under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquisition represents a marginal increase in Patel's stake, bringing his total holding along with Person Acting in Concert (PAC) Krishna Ketan Patel to 5.69% from the previous 5.68%. The shares were acquired through open market purchase and carry voting rights.

Shareholding Pattern

Following the acquisition, Patel's individual holding increased to 26,07,201 shares representing 5.68% of the total share capital. His PAC Krishna Ketan Patel continues to hold 900 shares representing 0.00% of the total share capital.

Company Information

Arvind Smartspaces Ltd maintains its equity share capital at 4,58,66,979 shares, which remains unchanged following this acquisition. The company's shares are listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The disclosure indicates that neither the acquirer nor the PAC holds any shares in the nature of encumbrance, voting rights otherwise than by equity shares, or warrants/convertible securities that would entitle them to receive additional shares carrying voting rights in the company.

Regulatory Compliance

The transaction complies with SEBI regulations for substantial acquisition disclosures. Both Ketan Ratilal Patel (PAN: ABRPP7959F) and Krishna Ketan Patel (PAN: GAZPP7294G) have provided their signatures on the disclosure document dated January 21, 2026, from Ahmedabad.