Arvind SmartSpaces Limited — Board/Management Information 2025

Mar 26, 2025

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26[th] March, 2025

To, To, BSE Limited Na�onal Stock Exchange of India Limited Lis�ng Dept. / Dept. of Corporate Services, Lis�ng Dept., Exchange Plaza, 5[th] Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Security Code: 539301 Symbol: ARVSMART Security ID : ARVSMART

Dear Sir/Madam,

Sub: In�ma�on of change in Directors pursuant to Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�on, 2015.

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Pursuant to Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�on, 2015 (“SEBI LODR Regula�ons”), we hereby inform you that upon recommenda�on of Nomina�on and Remunera�on Commi�ee, the Board of Directors of the Company, by passing circular resolu�ons on 26[th] March, 2025, have approved the appointment of Mr. Nilesh Dhirajlal Shah and Mr. Savan Godiawala as Addi�onal Directors in the capacity of Independent Director of the Company for a term of 5 (five) consecu�ve years with effect from 28[th] March, 2025 to 27[th] March, 2030, subject to requisite approval of members of the Company.

We hereby further inform you that the Board of Directors of the Company also took note of the of expiry of second term of Mr. Pratul Krishnakant Shroff (holding DIN 00162576) and Mr. Prem Prakash Pangotra (holding DIN 00844391) as Independent Directors of the Company with effect from closing hours of 27[th] March, 2025.

The disclosure as required under Regula�on 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July, 2023 w.r.t. appointment and cessa�on of Independent Directors are enclosed herewith as Annexure - I .

Kindly take the same on your records.

Thanking you,

Yours faithfully,

For Arvind SmartSpaces Limited

PRAKASH Digitally signed by PRAKASH BHOGIBHAI BHOGIBHAI MAKWANA Date: 2025.03.26 13:23:48 MAKWANA +05'30'

Prakash Makwana

Company Secretary

Encl.: As above

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Annexure - I

Details required under Regula�on 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July, 2023:

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	PoD1/P/	CIR/2023/123 dated 13th July, 2023:
	Particulars	Mr. Nilesh Dhirajlal Shah
	Reason for change viz. appointment,~~resignation, removal,~~ ~~death or otherwise~~	Mr. Nilesh Dhirajlal Shah (DIN: 01711720) is appointed as an Additional Director in the capacity of Independent Director of the Company.
	Date of appointment/ ~~reappointment/cessation~~ (as applicable) & term of appointment/ reappointment;	Date of Appointment: 28thMarch, 2025 Term of Appointment: Mr. Nilesh Dhirajlal Shah is appointed as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from 28thMarch, 2025 to 27thMarch, 2030, subject to requisite approval of members of the Company.
	Brief profile (in case of appointment)	Mr. Nilesh Shah is Group President & Managing Director of Kotak Mahindra Asset Management Company (KMAMC). Mr. Nilesh leads his team to the Best Fund House of the Year Award at all the mutual funds where he has worked viz. Kotak, ICICI Prudential and Franklin Templeton Mutual Fund. He is a part time member of the Economic Advisory Council to the Prime Minister and a part time member of Unique Identification Authority of India (UIDAI). He is a member of the Board of Association of Mutual Funds in India and a Member of Corporate Bonds and Securitization Advisory Committee (CoBoSAC) of SEBI.
	Disclosure of relationships between directors (in case of appointment of a director)	Mr. Nilesh Dhirajlal Shah is not related to any Director of the Company.
	Declaration as required pursuant to BSE Circular with Ref. No. LIST/ COMP/14/2018-19 and the National Stock Exchange of India Ltd with Ref. No. NSE/CML/2018/24, dated 20thJune, 2018.	Mr. Nilesh Dhirajlal Shah is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

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Annexure - I

Details required under Regula�on 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July, 2023:

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	PoD1/P/	CIR/2023/123 dated 13th July, 2023:
	Particulars	Mr. Savan Godiawala
	Reason for change viz. appointment,~~resignation, removal,~~ ~~death or otherwise~~	Mr. Savan Godiawala (DIN: 07874111) is appointed as an Additional Director in the capacity of Independent Director of the Company.
	Date of appointment/ ~~reappointment/cessation~~ (as applicable) & term of appointment/ reappointment;	Date of Appointment: 28thMarch, 2025 Term of Appointment: Mr. Savan Godiawala is appointed as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from 28thMarch, 2025 to 27thMarch, 2030, subject to requisite approval of members of the Company.
	Brief profile (in case of appointment)	Mr. Savan has 32 years of experience in providing Investment Banking and financial advisory services including 19 years with Deloitte India. He has retired as a partner of Deloitte Touche Tohmatsu India LLP in March2024 and has extensive experience in serving large national and multi-national clients across several industries and multiple geographies. He is a PhD in management, a Chartered Accountant, holds Bachelor's Degree in Law & Commerce, a qualified insolvency professional and a post graduate diploma in counselling psychology & psychotherapy. He is a visiting faculty at Indian Institute of Management Ahmedabad since 2008, and at Indian Institute of Technology Gandhinagar since 2024. He is an independent director on the Boards of Alivus Life Sciences Ltd (formerly known as Glenmark Life Sciences Ltd. and on Carysil Ltd. He is president at Ahmedabad Management Association. He is regularly invited as a speaker for various public conferences and regularly contribute articles in professional and industry journals. He has also co-authored a book on ‘Business Taxation’ published by McGraw Hill Education. He was awarded as “Gems of CA Profession” by The Institute of Chartered Accountants of India. He has been on committees of many professional and industry associations like Ahmedabad Management Association, Federation of Indian Chamber of Commerce and Industries, Ahmedabad branch of the Institute of Chartered Accountants of India, Gujarat Finance Cos. Association etc.

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	He is a fitness enthusiast, a sportsman, an Indian classical music lover and a half centurion blood donor.
Disclosure of relationships between directors (in case of appointment of a director)	Mr. Savan Godiawala is not related to any Director of the Company.
Declaration as required pursuant to BSE Circular with Ref. No. LIST/ COMP/14/2018-19 and the National Stock Exchange of India Ltd with Ref. No. NSE/CML/2018/24, dated 20thJune, 2018.	Mr. Savan Godiawala is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

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Annexure - I

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Details required under Regula�on 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July, 2023:

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	PoD1/P/	CIR/2023/123 dated 13th July, 2023:
	Particulars	Mr. Pratul Krishnakant Shroff
	Reason for change viz. ~~appointment, resignation, removal,~~ ~~death or~~otherwise	The second term of Mr. Pratul Krishnakant Shroff as an Independent Director of the Company is expiring on closing hours of 27thMarch, 2025. Accordingly, he will cease to be director of the Company.
	Date of a~~ppointment/~~ ~~reappointment/c~~essation (as applicable)~~& term of appointment/~~ ~~reappointment;~~	Closing hours of 27thMarch, 2025.
	Brief profile (in case of appointment)	Not Applicable
	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable
	Declaration as required pursuant to BSE Circular with Ref. No. LIST/ COMP/14/2018-19 and the National Stock Exchange of India Ltd with Ref. No. NSE/CML/2018/24, dated 20thJune, 2018.	Not Applicable

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Annexure - I

Details required under Regula�on 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July, 2023:

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	Particulars	Mr. Prem Prakash Pangotra
	Reason for change viz. ~~appointment, resignation, removal,~~ ~~death or~~otherwise	The second term of Mr. Prem Prakash Pangotra as an Independent Director of the Company is expiring on closing hours of 27thMarch, 2025. Accordingly, he will cease to be director of the Company.
	Date of a~~ppointment/~~ ~~reappointment/c~~essation (as applicable)~~& term of appointment/~~ ~~reappointment;~~	Closing hours of 27thMarch, 2025.
	Brief profile (in case of appointment)	Not Applicable
	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable
	Declaration as required pursuant to BSE Circular with Ref. No. LIST/ COMP/14/2018-19 and the National Stock Exchange of India Ltd with Ref. No. NSE/CML/2018/24, dated 20thJune, 2018.	Not Applicable

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