Arkade developers Limited has announced a name change for its wholly owned subsidiary company, effective March 04, 2026. The company informed both BSE and NSE about this corporate development through a regulatory filing.

Subsidiary Name Change Details

The facility management subsidiary has undergone a complete rebranding, with the following changes:

Regulatory Compliance

The name change intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

The company had previously informed exchanges about the incorporation of this wholly owned subsidiary on December 03, 2025. The recent name change represents a strategic rebranding of the facility management operations under the new "Assist 360" brand identity.

Corporate Communication

The intimation was signed by Amit Mangilal Jain, Chairman & Managing Director of Arkade Developers Limited, bearing DIN: 00139764. The communication was digitally signed and timestamped at 18:48:11 +05'30' on March 04, 2026.

Both stock exchanges - BSE (Scrip Code: 544261) and NSE (Symbol: ARKADE) - have been requested to update their records with this subsidiary name change information. This ensures proper disclosure and transparency for all stakeholders and investors.

Arkade Developers Limited has registered a development agreement for a significant cluster redevelopment project in Mumbai's western suburbs, marking another milestone in the company's expansion strategy. The project involves the redevelopment of Shree Rani Sati Nagar Co-operative Housing Society Limited, located at SV Road, Malad West.

Project Details and Specifications

The cluster redevelopment project represents a substantial investment opportunity with strong fundamentals:

Strategically positioned along SV Road, the project benefits from excellent connectivity to key business districts, social infrastructure, and transport corridors in Mumbai's western suburbs. The development will focus on delivering modern residential facilities aligned with contemporary urban living standards while ensuring enhanced lifestyle amenities and upgraded infrastructure for existing society members.

Management Commentary and Strategic Vision

Commenting on the development, Amit Jain, Chairman & Managing Director of Arkade Developers Limited, emphasized the significance of cluster redevelopment as a core growth driver for the company. He stated that the project reinforces their commitment to transforming aging housing stock into future-ready residential communities, highlighting Shree Rani Sati Nagar's strategic location and scale as a landmark opportunity for creating long-term value.

Recent Project Portfolio Expansion

This latest development follows the company's recent registration of another development agreement for a redevelopment project in Goregaon West. The comparative project details demonstrate Arkade's active expansion in the western Mumbai market:

With these additions, Arkade Developers continues building a robust pipeline of redevelopment projects across Western Mumbai, strengthening its presence in the Goregaon-Malad micro market through its execution capabilities, design-led approach, and deep understanding of redevelopment dynamics.

Company Background and Track Record

Arkade Developers brings substantial experience to this project with a legacy spanning over 39 years in Mumbai's real estate sector. The company has established a strong track record with 31 completed projects, creating homes for over 5,500 families. Under the leadership of Chairman and Managing Director Amit Jain, the company has developed over 5.50 million square feet of property, with an additional 2+ million square feet currently under construction.

The company operates under the core philosophy of "Family First" and maintains values of trust, transparency, commitment, and happiness. Arkade Developers has earned recognition for timely project deliveries and holds a BBB+ credit rating with Stable outlook from India Ratings, reflecting strong financial fundamentals and consistent cash-flow generation.