ARVSMARTArvind Smartspaces Ltd.
Arvind Smartspaces buys 15% of related party GCC for ₹15,000
- Mergers & acquisitions
- Real estate
Reviewed byRachit TripathiBlacklitt Research
Arvind Smartspaces (NSE: ARVSMART) has approved the acquisition of 1,500 equity shares of Arvind Global Capability Center Private Limited, 15% of its paid-up equity capital, for a total consideration of ₹15,000 paid in cash, it said in a filing on 05 Nov 2026. The company describes the deal as a related party transaction.
The stake and the entity acquired
The Board approved the purchase at its meeting on 5 Nov 2026. The 1,500 equity shares have a face value of ₹10 each, and the company says they are subscribed on the basis of an independent valuation report, on an arm's length basis.
Arvind Global Capability Center was incorporated on 1 Apr 2026 under the Companies Act, 2013. The company says promoters are interested in the deal to the extent of their shareholding in the entity.
The company says the entity will provide centralized business support and shared services to group entities, including finance, technology, human resources, procurement, analytics, compliance and other enterprise support functions.
How the stake fits the company
The same day the company also filed its Q2 and H1 FY27 unaudited results.
What the GCC stake means for Arvind Smartspaces' shareholders
The company puts ₹15,000 into a newly formed entity that will serve its group, so the direct cash commitment is nominal. The filing does not say how GCC will be funded beyond this initial share subscription, what the company's total investment in GCC will be after this step, or who the other shareholders of GCC are.
The next dated step the filing gives is completion, expected within one month of 5 Nov 2026.
At a glance
| Item | Detail |
|---|---|
| Entity | Arvind Global Capability Center Private Limited |
| Incorporated | 1 Apr 2026 |
| Shares acquired | 1,500 equity shares of ₹10 each, 15% of paid-up capital |
| Consideration | ₹15,000, cash |
| Stated business | Centralized business support and shared services to group entities |
| Board approval | 5 Nov 2026 |
Filed with NSE on . Reference: Original filing (PDF)
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