Arvind SmartSpaces Limited — Capital/Financing Update 2024

Nov 5, 2024

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5[th] November, 2024

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

Security Code : 539301 Security ID : ARVSMART Symbol : ARVSMART

Dear Sir / Madam,

Subject: Intimation of outcome of the Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”).

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With further reference to our le�er dated 30[th] October, 2024 and in accordance with Regula�on 30 read with Schedule III of the SEBI Lis�ng Regula�ons, we hereby inform you that the Board of Directors of the Company at their Mee�ng held today has inter alia, approved subject to the approval of the members of the Company:

• (1) Raising of funds by way of one or more public and/or private offerings and/or on a preferen�al allotment basis and/or a qualified ins�tu�ons placement (“QIP”) to “qualified ins�tu�onal buyers” as defined in the SEBI ICDR Regula�ons and/or any combina�on thereof and/or any other permi�ed modes through issue of prospectus and/or an offer document and/or a private placement offer le�er and/or placement document and/or such other documents/ wri�ngs in such a manner, in such tranche or tranches, by way of an issue of Equity Shares or by way of an issue of any instrument or security including conver�ble/ redeemable preference shares, fully/par�ally conver�ble debentures or by way of a composite issue of non-conver�ble debentures, issue of warrants, or any other eligible securi�es (instruments listed above collec�vely with the Equity Shares to be hereina�er referred to as the “ Securi�es ” or any combina�on of Securi�es for an amount not exceeding ₹ 400 crore in terms of the Securi�es and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regula�ons, 2018, as amended (the “SEBI ICDR Regula�ons”) and/or any other permissible mode(s), in accordance with the SEBI ICDR Regula�ons and other applicable regula�ons, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required.;

• (2) Increase in Authorised share capital of the Company from Rs. 50 Crores (Rupees Fi�y Crores only) divided into 5 Crores (Five Crores) equity shares of Rs. 10/- (Rupees Ten only) each to Rs. 70 Crores (Rupees Seventy Crores only) divided into 7 Crores (Seven Crores) equity shares of Rs. 10/- (Rupees Ten only) each.

• (3) No�ce convening Extraordinary General Mee�ng of the Members of the Company seeking approval of the members in respect of raising of funds by way of issuance of equity shares or other eligible securi�es through QIP or preferen�al allotment or through any other permissible mode and/or combina�on thereof as may be considered appropriate under applicable law and increase in authorised share capital.

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The requisite disclosure, pursuant to Part A of Schedule III of Regula�on 30 of the SEBI Lis�ng Regula�ons and in terms of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11[th] July, 2023 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July, 2023, is enclosed as Annexure - A to this le�er.

The Board mee�ng commenced at 6:00 PM and concluded at 6:20 PM.

We request you to take the same on record.

Thanking you,

Yours faithfully, For Arvind SmartSpaces Limited

PRAKASH Digitally signed by PRAKASH BHOGIBHAI BHOGIBHAI MAKWANA Date: 2024.11.05 18:23:04 MAKWANA +05'30'

Prakash Makwana

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Company Secretary

Encl. - As above

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Annexure - A

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Sr. No.	Par�culars	Details
1	Type of securi�es proposed to be issued.	Equity shares and / or other eligible securi�es (hereina�er referred to as “Securi�es”) in accordance with applicable law,in one or more tranches.
2	type of issuance (further public ofering, rights issue, depository receipts (ADR/GDR), qualifed ins�tu�ons placement, preferen�al allotment etc.	Qualifed Ins�tu�ons Placements (‘QIP’) in accordance with the provisions of Chapter VI of the Securi�es and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regula�ons, 2018, Sec�on 42 and other applicable provisions of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securi�es) Rules, 2014 and other applicable laws, or preferen�al allotment or through any other permissible mode and/or combina�on thereof as may be considered appropriate under applicable law.
3	total number of securi�es proposed to be issued or the total amount for which the securi�es will be issued (approximately)	Not exceeding Rs. 400 Crores (Rupees Four Hundred Crores Only) or an equivalent amount thereof (inclusive of such premium as may be fxed on such Securi�es) at such price or prices as may be permissible under applicable law.
4	In case of preferen�al issue, the listed en�ty shall disclose the following addi�onal details to the stock exchange(s).	Not Applicable
5	In case of bonus issue the listed en�ty shall disclose the following addi�onal details to the stock exchange(s).	Not Applicable
6	In case of issuance of depository receipts (ADR/GDR) or FCCB the listed en�ty shall disclose addi�onal details to the stock exchange(s).	Not Applicable
7	In case of issuance of debt securi�es or other nonconver�ble securi�es the listed en�ty shall disclose following addi�onal details to the stock exchange(s).	Not Applicable
8	Any cancella�on or termina�on of proposal for issuance of securi�es includingreasons thereof.	Not Applicable

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