Arvind SmartSpaces Seeks Shareholder Nod for RPTs, Loans

Date, Location, and Type of Meeting

The meeting is conducted via postal ballot with remote e-voting only. There is no physical meeting. The process is deemed to have been conducted from the Company's Registered Office at: 24, Government Servant's Society, Near Municipal Market, Off. C.G. Road, Navrangpura, Ahmedabad-380009. The last date of remote e-voting, 2nd August 2026, shall be the date on which the resolutions are deemed to have been passed if approved.

Summary of Proposed Resolutions and Implications

Item No. 1: Special Resolution - Loans, Guarantees, and Investments under Section 186

RESOLVED to approve the Board of Directors to give loans, provide guarantees/securities, and make investments in any person or body corporate, whether in India or outside India. The aggregate amount of such transactions shall not exceed INR 2,000 Crore (Rupees Two Thousand Crore only), which is in excess of the limits prescribed under Section 186(2) of the Companies Act, 2013. This limit is sought for greater financial flexibility to support the Company's subsidiaries, JVs, and project entities within its Corporate Structure (4 wholly owned subsidiaries, 2 subsidiaries, 1 step-down subsidiary, 28 LLPs, 1 JV LLP). The funds will not be extended to any promoter/promoter group entities.

Item No. 2: Ordinary Resolution - Material RPT with Kalyangadh Homes LLP

RESOLVED to approve material related party transactions to be entered into during FY 2026-27 between Arvind SmartSpaces Limited and its subsidiary, Kalyangadh Homes LLP (wherein the Company holds 75%), for a gross value of up to ₹309 Crores. Kalyangadh LLP is developing the 'Arvind Aqua City' project. The transactions include fund/non-fund based support (equity/debt/ICD/guarantees) up to ₹300 Cr and sale/purchase of goods/services up to ₹9 Cr. These are deemed to be at arm's length and in the ordinary course of business.

Item No. 3: Ordinary Resolution - Material RPT with Arvind Skyline Private Limited

RESOLVED to approve material related party transactions to be entered into during FY 2026-27 between Arvind SmartSpaces Limited and its subsidiary, Arvind Skyline Private Limited (wherein the Company holds 87%), for a gross value of up to ₹520 Crores. Skyline, through its subsidiary ONRPL, is executing a MHADA redevelopment project in MMR. The transactions include fund/non-fund based support up to ₹510 Cr and sale/purchase of goods/services up to ₹10 Cr. These are deemed to be at arm's length and in the ordinary course of business.

Item No. 4: Ordinary Resolution - Material RPT between Subsidiaries

RESOLVED to approve material related party transactions to be entered into during FY 2026-27 between two subsidiaries of the Company, Arvind Skyline Private Limited and Oxford Navrang Realtors Private Limited (Skyline holds 49% of ONRPL), for a gross value of up to ₹345 Crores. The transaction involves fund based and non-fund based support (equity/debt/ICD/guarantees) for the MHADA redevelopment project. These are deemed to be at arm's length and in the ordinary course of business.

Voting Process and Methods

The voting will be conducted solely through remote e-voting facilitated by National Securities Depository Limited (NSDL). No physical polling or voting by proxy is allowed.

Calendar of Events

| Sr. No. | Particulars | Schedule |

| 1 | Cut-off Date for identification of voting rights | Tuesday, 30th June 2026 |

| 2 | Commencement of remote e-voting | Saturday, 4th July 2026 (09:00 AM) |

| 3 | End of remote e-voting | Sunday, 2nd August 2026 (05:00 PM) |

| 4 | Submission of report by the Scrutinizer | On or before Tuesday, 4th August 2026 |

| 5 | Declaration of results of voting | On or before Tuesday, 4th August 2026 |

E-Voting Procedure

The remote e-voting facility is available at www.evoting.nsdl.com.
Members as of the cut-off date (30th June 2026) can vote.
Individual shareholders holding demat shares can vote through their Depository Participant(s) using OTP-based login.
Shareholders holding physical shares or those not registered for e-voting must follow the process outlined in the Notes to procure a user ID and password.
Institutional shareholders must send a scanned copy of the Board Resolution/Authority letter to the Scrutinizer at pcs.buchassociates@gmail.com with a copy to evoting@nsdl.com.
The voting module will be disabled by NSDL at 5:00 PM on 2nd August 2026.

Key Voting Outcomes and Scrutinizer

Scrutinizer: Mr. Hitesh Buch, Proprietor of M/s Hitesh Buch & Associates, Practicing Company Secretaries (COP No. 8195), has been appointed to scrutinize the e-voting process in a fair and transparent manner.
Result Declaration: The Scrutinizer will submit his report to the Company upon completion of the scrutiny. The results will be announced on or before 4th August 2026 by 5:00 PM.
Result Display: The results will be displayed on the notice board at the Company's Registered Office for 3 days and communicated to BSE and NSE. They will also be displayed on the Company's website (www.arvindsmartspaces.com) and NSDL's website (www.evoting.nsdl.com).
The document does not contain specific voting outcome figures (total votes cast, for/against, category-wise participation) as the voting process had not commenced at the time of this notice.

Compliance with Laws and Regulations

The Notice explicitly states that the postal ballot is being conducted in compliance with:

Sections 108, 110, 102, and other applicable provisions of the Companies Act, 2013.
Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014.
Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Secretarial Standard on General Meetings (SS-2) issued by ICSI.
Multiple General Circulars issued by the Ministry of Corporate Affairs (MCA) between 2020 and 2025 regarding conducting general meetings through e-voting.
The explanatory statement for each resolution is provided as required under Section 102 of the Companies Act, 2013.

Names and Roles of Signatories

Submitted by: Prakash Makwana, Company Secretary of Arvind SmartSpaces Limited.
Digitally Signed by: Prakash Bhogibhai Makwana on 3rd July 2026 at 13:41:43 IST.
Scrutinizer: Mr. Hitesh Buch, Practicing Company Secretary.
For Assistance: Shareholders can contact the Company at investor@arvindinfra.com or 079 6826 7000, or NSDL's helpdesk at evoting@nsdl.com or 022-4886 7000.

Other Relevant Financial and Procedural Information

Company CIN: L45201GJ2008PLC055771
The Notice is being sent only in electronic form to members whose email addresses are registered with the Company/RTA/Depositories.
Members whose email IDs are not registered are requested to register them by emailing the RTA, MUFG Intime India Private Limited at ahmedabad@in.mpms.mufg.com or the Company at investor@arvindinfra.com.
The explanatory statements provide detailed rationales, including the business models of the subsidiaries involved in large real estate projects (e.g., Arvind Aqua City, MHADA redevelopment) and confirm that the transactions are at arm's length and not prejudicial to the company's interests.
Related parties, as defined under the Listing Regulations, are restricted from voting on the RPT resolutions (Items 2, 3, and 4).