Arvind SmartSpaces Limited — Major Shareholding Notification 2026

May 15, 2026

Format for Disclosures under Regulation 29(1) & 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC)	Arvind Smartspaces Ltd.
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Ketan Ratilal Patel
PAC : Krishna Ketan Patel
Whether the acquirer belongs to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	1. Bombay Stock Exchange (BSE)
2. National Stock Exchange (NSE)
Details of the acquisition as follows	Number	% w.r.t. total share/voting capital wherever applicable(*)	% w.r.t. total diluted share/voting capital of the TC (**)
Before the acquisition under consideration, holding of acquirer along with PACs of:
a) Shares carrying voting rights
Ketan Ratilal Patel
Krishna Ketan Patel
b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity shares
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)
e) Total (a+b+c+d)	2614335
900
-
-
26,15,235	5.70%
0.00%
5.70%	5.70%
0.00%
5.70%
Details of acquisition
a) Shares carrying voting rights acquired
* Krishna Ketan Patel	16.00	0.00%	0.00%

Krishna

KRISHNA KETAN PATEL

PAN NO : GAZPP7294G

---

| b) VRs acquired otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired
d) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)
e) Total (a+b+c+/-d) | -
-
-
16.00% | 0.00% | 0.00% |
| --- | --- | --- | --- |
| After the acquisition, holding of acquirer along with PACs of:
a) Shares carrying voting rights
Ketan Ratilal Patel
Krishna Ketan Patel
b) VRs otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
d) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)
e) Total (a+b+c+d) | 26,14,335
916
-
-
26,15,251 | 5.70%
0.00%
5.70% | 5.70%
0.00%
5.70% |
| Mode of acquisition | Open Market | | |
| Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc. | Equity Shares Carrying Voting Rights | | |
| Date of acquisition of/ date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other | 16/04/2026 | | |

KETAN RATILAL PATEL

PAN- ABRPP7959F

KRISHNA KETAN PATEL

PAN NO : GAZPP7294G

---

instrument that entitles the acquirer to receive shares in the TC.
Equity share capital / total voting capital of the TC before the said acquisition	4,58,66,979
Equity share capital/ total voting capital of the TC after the said acquisition	4,58,66,979
Total diluted share/voting capital of the TC after the said acquisition	4,58,66,979

Part-B***

Name of the Target Company: ARVIND SMARTSPACES LTD

Signature of the acquirer / Authorised Signatory

Place: Ahmedabad

Date: 15.05.2026

KETAN RATILAL PATEL
PAN- ABRPP7959F
KRISHNA KETAN PATEL
PAN NO : GAZPP7294G