Arvind SmartSpaces Limited — Earnings Release 2023

May 19, 2023

19th May, 2023

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

Security Code: 539301 Security ID : ARVSMART National Stock Exchange of India Limited Listing Dept., Exchange Plaza, 5th Floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Symbol: ARVSMART

• Ref: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• Sub: Outcome of Board Meeting and submission of Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on 31st March, 2023.

With reference to the captioned subject matter, we hereby inform you that the Board of Directors of the Company at its meeting held today i.e. 19th May, 2023 has inter alia:

• 1. approved the audited standalone and consolidated financial results of the Company for the quarter and year ended on 31st March, 2023;
• 1. recommended the following dividend for the financial year ended 31st March, 2023, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting ("AGM"):
  • a) Final dividend of Rs. 1.65/- per equity share of the face value of Rs.10/- each;
  • b) One-time special dividend of Rs. 1.65/- per equity share of the face value of Rs.10/- each.

Accordingly, the total dividend for the financial year ended on 31st March, 2023 amounts to Rs. 3.30/- per equity share of the face value of Rs. 10/- each.

1. appointed Mr. Kulin S. Lalbhai (DIN: 05206878), Non-Executive Director of the Company as Vice Chairman of the Board of Directors and Company and redesignated as Vice Chairman & Non-Executive Director with effect from 19th May, 2023.

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

We are submitting herewith the followings:

• 1. audited standalone and consolidated financial results of the Company for the quarter and year ended on 31st March, 2023 alongwith the Auditors' Reports thereon issued by M/s. S R B C Co & LLP, Chartered Accountants, Statutory Auditor's of the Company.
• 1. A copy of the Media Release being issued by the Company in respect of audited financial results for the quarter and year ended on 31st March, 2023.

The above documents are also being uploading on the Company's website at www.arvindsmartspaces.com.

Further, in compliance with the provisions of Regulation 33(3)(d) of SEBI LODR Regulations, we hereby declare that the Statutory Auditors, M/s. S R B C Co & LLP, Chartered Accountants, have issued the Audit Reports with "Unmodified Opinion" on audited standalone and consolidated financial results of the Company for the quarter and year ended on 31st March, 2023.

We shall inform you in due course, the date of ensuing AGM and the date from which dividend will be paid or warrants thereof will be dispatched to the shareholders.

The meeting of the Board of Directors of the Company commenced today at 11:30 A.M. and concluded at 02:15 P.M.

You are requested to take the above on your records and bring this to the notice of all concerned.

Thanking you,

Yours faithfully, For Arvind SmartSpaces Limited

Prakash Bhogilal Makwana Digitally signed by Prakash Bhogilal Makwana Date: 2023.05.19 14:20:08 +05'30'

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