Arvind SmartSpaces has allotted 10,000 equity shares under ESOP on 20 March 2025. Powered by Capital Market - Live News

Arvind SmartSpaces announced that it has signed a new residential plotted development project in Ahmedabad, with a total estimated area of ~150 acre and a top-line potential of ~Rs. 600 crore. This project is located in Sanand-Nalsarovar road, Ahmedabad. The project is acquired on an outright basis. The project is strategically located approximately 15 km from Sanand and 30 km from Nalsarovar Lake. Known for its proximity to the Nalsarovar Bird Sanctuary and its natural charm, the region is set for transformative growth, balancing ecological preservation with modern infrastructure. The corridor benefits from enhanced connectivity and is close to major industrial hubs created a structural demand for horizontal real estate. Powered by Capital Market - Live News

Net profit of Arvind SmartSpaces rose 407.87% to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in the quarter ended December 2024 as against Rs 84.30 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales210.1684.30 149 OPM %28.2823.67 - PBDT59.6419.43 207 PBT58.4018.33 219 NP47.749.40 408 Powered by Capital Market - Live News

Arvind SmartSpaces has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of ~440 acre and a top-line potential of ~Rs. 1,350crore. This mega project is located on NH47, Bavla-Bagodara Road. The project is signed under joint development model(70.5% revenue share). NH 47 is among one of the major national highways of Gujarat, which on the southern side connects Ahmedabad to all major cities of Saurashtra like Rajkot, Bhavnagar, Jamnagar etc, and on the northern side connects Ahmedabad to cities like Gandhinagar, Mehsana and connects the entire state to Rajasthan. This project is located on NH-47, between Bavla and Bagodara. It is located at a tri-junction that connects the project to Saurashtra region, Vadodara, Ahmedabad and key ports like Kandla, Mundra and Pipavav. The project is also located close to Dedicated Freight Corridor (DFC) and the upcoming Dholera Special Investment Region. There are several large industries in close vicinity which are focused on pharma, engineering, renewables, engineering, logistics and ancillaries. The micro-market is home to several large Industries and industrial parks.The project is envisaged to be one of the largest industrial parks in Gujarat with end-to-end ecosystem to ensure a thriving environment for industries. The proposed infrastructure includes common effluent treatment plant(CETP), Zero Liquid Discharge (ZLD), labour housing, executive housing, weight bridge, logistics zones, etc.Powered by Capital Market - Live News

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live News