Arvind SmartSpaces Limited — Capital/Financing Update 2021

Apr 27, 2021

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www.arvindsmartspaces.com

27[th] April, 2021

To,

BSE Limited

Listing Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

To,

National Stock Exchange of India Limited

Listing Dept., Exchange Plaza, 5[th] Floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Security Code: 539301 Security ID : ARVSMART

Symbol: ARVSMART

Dear Sir,

Sub: Allotment of 28,50,000 (Twenty Eight Lakhs Fifty Thousand) Warrants, each carrying a right to subscribe to one Equity Share per Warrant to Kausalya Realserve LLP (Allottee) on Preferential basis.

With reference to our letters dated 15[th] March, 2021 and 18[th] March 2021 and in accordance with Regulation 30 read with Part A of Schedule III (Para A, Clause 2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) , we hereby inform you that the Management Committee of the Board of Directors of the Company at their Meeting held today, has:

Approved allotment of 28,50,000 (Twenty Eight Lakhs Fifty Thousand) Warrants, each carrying a right to subscribe to one Equity Share per Warrant at a price of Rs. 102.00 (Rupees One Hundred Two Only) per Equity Share (‘Warrant Exercise Price’) , aggregating to Rs. 29,07,00,000/- (Rupees Twenty Nine Crores Seven Lakhs Only) within a period of 18 (eighteen) months from the date of allotment, in one or more tranches, as the case may be and on such other terms and conditions as applicable, to Kausalya Realserve LLP wherein Mr. Kamal Singal, MD & CEO of Arvind SmartSpaces Limited (“Company”) , and his relatives are the partners (Hereinafter referred to as “Warrant holder” ), on a preferential basis.

For Arvind SmartSpaces Limited

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Prakash Makwana Company Secretary

Arvind SmartSpaces Limited

Regd. Office: 24, Government Servant Society, Near Municipal Market, Off C. G. Road, Navrangpura, Ahmedabad, 3800 009, India Tel.: +91 79 68267000 Fax.: +91 79 68267021 CIN: L45201GJ2008PLC055771