Arvind SmartSpaces has officially signed its largest high-rise project deal in Mumbai's Goregaon West area, marking a significant milestone in the company's expansion strategy. The landmark agreement represents the company's biggest undertaking in Mumbai's competitive real estate market, offering substantial revenue potential through strategic partnership.

Project Details and Partnership

The high-rise development project showcases impressive scale and market positioning in one of Mumbai's established residential hubs. The company has partnered with Sigma Oxford Realtors to execute this ambitious residential development.

Strategic Market Positioning

Goregaon West represents one of Mumbai's most sought-after residential and commercial destinations, offering excellent connectivity infrastructure. The location provides seamless access through the Western Express Highway, Link Road, and SV Road, making it highly attractive for residential buyers. The project's substantial saleable area positions it as a significant addition to the area's housing inventory, addressing growing demand for quality residential spaces in this well-connected suburb.

Corporate Restructuring Framework

Alongside the project announcement, Arvind SmartSpaces has completed strategic corporate restructuring transactions involving its subsidiary operations. The company's wholly owned subsidiary, Arvind Skyline Private Limited, has acquired equity participation in Oxford Navrang Realtors Pvt. Ltd., while the parent company has divested a minority stake to external investors.

Regulatory Compliance and Structure

The transactions have been executed through comprehensive Share Purchase Agreements and Shareholders' Agreements. Oxford Navrang Realtors Pvt. Ltd., incorporated recently, operates in real estate development and construction activities. The external investors acquiring the ASPL stake, Mr. Khetshi Barot and Mr. Kaushal Agarwal, maintain arm's length relationships with the company, ensuring transparent transaction structures and regulatory compliance.

Arvind SmartSpaces Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's depositories and participants regulations for the quarter ended 31st March, 2026.

Regulatory Filing Details

The company filed the certificate on 7th April, 2026, with both BSE Limited and National Stock Exchange of India Limited. The submission was made pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly compliance reporting for listed companies.

Registrar Confirmation Certificate

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Transfer Agent. The registrar provided a comprehensive confirmation certificate dated 1st April, 2026, validating the company's compliance with dematerialisation processes.

The certificate confirms that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed. Key compliance aspects covered include:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• Security certificates comprised in dematerialisation requests have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories have been substituted in the register of members as registered owners

Registrar Details

MUFG Intime India Private Limited operates under CIN U67190MH1999PTC118368 with its registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. The confirmation certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

Compliance Significance

This quarterly filing demonstrates Arvind SmartSpaces' adherence to SEBI's regulatory framework governing depositories and participants. The certificate ensures transparency in the dematerialisation process and confirms that all procedural requirements have been met during the reporting quarter. The timely submission and comprehensive confirmation from the registrar reflect the company's commitment to maintaining regulatory compliance standards.