Arvind SmartSpaces Ltd - 539301 - Announcement under Regulation 30 (LODR)-Restructuring
The Company has entered into a Restated LLP Agreement dated 10th December, 2020 in relation to one of its wholly owned subsidiaries, Arvind Five Homes LLP ("Homes LLP"), pursuant to introduction of new partners in the said LLP. The new partners have contributed lands into the Homes LLP as a part of their capital contribution. Pursuant to the said restructuring of the Homes LLP, the Company shall continue to retain majority stake amounting to 52 (Fifty Two) percent in the Homes LLP. The disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Regulations") and Part A of Schedule Ill of the aforesaid Regulations, is attached.10-12-2020