Prestige Group and Arihant Group have jointly acquired a prime 16.331 acre land parcel in Padi, Chennai. The acquisition has been undertaken through Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations and Housing. The land parcel is proposed to be developed into a premium residential project with a total saleable area of about 3.6 million square feet and an estimated revenue potential of approximately Rs 5,000 crore. Strategically located in Padi, in close proximity to Anna Nagar, one of Chennai`s most sought-after residential micro-markets, the site benefits from a well-established ecosystem, including strong social infrastructure and connectivity.Powered by Capital Market - Live News

The board of Arihant Foundations & Housing on 20 February 2026 has approved the allotment of 450 unrated, unlisted, senior, secured, redeemable, non-convertible debentures (NCDs) of face value Rs 10,00,000/- each, aggregating to Rs 45 crore on a private placement basis.Powered by Capital Market - Live News

Arihant Foundations & Housing will hold a meeting of the Board of Directors of the Company on 19 February 2026.Powered by Capital Market - Live News

Arihant Foundations & Housing will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live News

Arihant Foundations & Housing will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live News