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Arvind Smarspaces Ltd was incorporated as "Arvind Infrastructure Limited" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate/infrastructure development business.Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL is currently executing 9 projects through its own land, JVs and…
Arvind SmartSpaces has allotted 17,500 Equity Shares at Rs. 10 each to an employee through its ESOP 2016. This brings in a fund infusion of Rs. 0.0175 Cr for the company. Minor dilution expected.
Arvind SmartSpaces has allotted 16,000 equity shares of Rs. 10 each under its Employee Stock Option Plan 2016 to an eligible employee on exercising vested stock options. This move signals ongoing employee incentive alignment but does not impact promoter holding or raise fresh funds.
Arvind SmartSpaces has allotted 85,000 equity shares of Rs. 10 each under its Employee Stock Option Plan 2016 to eligible employees. This reflects employees exercising stock options, causing minor equity dilution. There’s no change in promoter holding or significant fund infusion from this allotment.
Arvind SmartSpaces Limited has allotted 5,000 equity shares of ₹10 each under its Employee Stock Option Plan 2016 to an eligible employee. This allotment, resulting from the exercise of vested stock options, reflects the company's commitment to incentivizing its workforce. The move may enhance employee engagement and encourage further participation...
Arvind SmartSpaces Limited has announced a board meeting to discuss the allotment of 1,79,000 equity shares of ₹10 each under the Employee Stock Option Plan 2016 (ASL ESOP 2016) to eligible employees. This allocation reflects the company’s commitment to incentivizing its workforce, fostering employee loyalty, and potentially enhancing productivity. From...