Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Annual Report of the Company for the financial year 2025-26.

18th August, 2026 BSE Limited Na(cid:415)onal Stock Exchange of India Ltd. Lis(cid:415)ng Dept. / Dept. of Corporate Services, Lis(cid:415)ng Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Security Code : 539301 Security ID : ARVSMART Symbol : ARVSMART Dear Sir / Madam, Sub: Submission of Annual Report for the Financial Year 2025-26. Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Annual Report of the Company for the financial year 2025-26, alongwith the Notice convening the 18th (Eighteenth) Annual General Meeting, which is being dispatched to the shareholders of the Company through electronic mode, who have registered their e-mail addresses with the Depositories/Company /Registrar and Transfer Agent. The Members whose E-mail IDs are not registered, a letter providing a web-link for accessing Notice of the AGM and Annual Report for Financial Year 2025-26 is being sent. The aforesaid Annual Report is also available on website of the Company at www.arvindsmartspaces.com. Thanking you, Yours faithfully, For Arvind SmartSpaces Limited Prakash Makwana Company Secretary Encl.: As above INSTITUTIONALISING GROWTH. DELIVERING VALUE. EIGHTEENTH ANNUAL REPORT 2025-26 Forward-looking statement In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed investment decisions. This report contains statements - written and oral - that we periodically, ‘projects’, ‘intends’, ‘plans’, ‘believes’ and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we make, contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipates’, ‘estimates’, ‘expects’ believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. CONTENTS INSTITUTIONALISING GROWTH. Corporate Overview Corporate Snapshot 2 Awards and Recognitions 7 DELIVERING Milestones 10 VALUE. Financial Highlights 11 What We Achieved In FY25-26 12 Chairman’s Message 14 At Arvind SmartSpaces, we seek to Performance Overview 20 enhance value. Business Drivers 26 ESG Excellence 56 Across the cities of our presence. Management Discussion and Analysis 60 Across building formats. Across diverse customer needs. Statutory Reports Across time. Board’s Report 76 This commitment is being reinforced Corporate Governance Report 103 through a culture of institutionalisation. Business Responsibility and Sustainability Report 131 This institutionalisation will ensure that the Company is scaled through Financial Statements systems, processes and protocols. Standalone Financial Statements 186 The institutionalised growth is Consolidated Financial Statements 267 expected to enhance long-term sustainable value for the Company’s Notice 353 stakeholders. CORPORATE SNAPSHOT ARVIND SMARTSPACES LIMITED. DEVELOPES PROPERTIES IN AHMEDABAD, BENGALURU AND MUMBAI THAT DO FAR MORE THAN OCCUPY SPACE. THEY SHAPE EXPERIENCES AND ENRICH LIVES. This competence has been institutionalised and validated through the Company’s design-led approach. The Company has become a byword for developments that are aesthetic, spacious, functional and timeless. The result is a distinctive recall: ‘If it is distinctive by design, enduring by intent, and compounded in value, it is must be Arvind SmartSpaces.’ 2 | Arvind SmartSpaces Limited CORPORATE OVERVIEW Annual Report 2025-26 | 3 Mission Vision To raise the standards of living by creating unique real estate To create value for all solutions. To achieve customer stakeholders by redefining delight through innovation and standards of excellence thoughtfulness in everything we and trust in the real estate build. To build from the ground industry. up, a company that symbolises stability and prosperity in the real estate industry. 4 | Arvind SmartSpaces Limited CORPORATE OVERVIEW A tradition of value comprises apartment projects, Strategic partnerships villas, plotted communities, Arvind SmartSpaces, the real The Company partnered HDFC commercial spaces and industrial estate arm of the Lalbhai Group, Capital to establish a Rs. 900 Cr parks across multiple locations. commenced operations in 2008 residential development platform. and grew into one of India’s Brand strength prominent real estate developers. Human capital Headquartered in Ahmedabad and Arvind SmartSpaces leveraged As of March 31, 2026, Arvind listed in 2015, the Company has the reputation of the Arvind SmartSpaces comprised 536 since created a portfolio of 97.6 brand and the Lalbhai Group’s employees. Its talent contributed Mn Sq. Ft. (completed, ongoing 128-year heritage. The Group has technical knowledge and and planned developments). operated diversified businesses execution capabilities that made The Company has drawn on the in textiles, apparel, branded quality projects a consistent Lalbhai Group’s enduring values to clothing, technical textiles, water reality. The Company continued build a modern, customer-focused stewardship, omni-channel retail, to strengthen organisational and design-oriented development telecommunications and heavy capabilities through training, philosophy. engineering. This rich business leadership development and skill legacy has helped the Company enhancement initiatives. Market presence earn the confidence of customers, landowners, investors, business The Company has built a presence Listing partners, contractors and across Ahmedabad, Gandhinagar, The equity shares of Arvind shareholders. Vadodara, Bengaluru, Pune SmartSpaces are traded on the and the Mumbai Metropolitan Credit rating National Stock Exchange of India Region (MMR). Its operations Limited (NSE) and BSE Limited. As have extended across residential, The Company received an AA-/ of March 31, 2026, the Company commercial and industrial real Stable long-term credit rating enjoyed a market capitalisation estate, a diversified development from India Ratings and Research of Rs. 2,304 Cr, reflecting strong platform. By March 31, 2026, the (Ind-Ra). The rating reflects a investor confidence. Company had completed 9.8 consistent operating performance, Mn Sq. Ft., with 57.9 Mn Sq. Ft. sound financial discipline, healthy under execution and a pipeline of cash flows and a well-managed 29.9 Mn Sq. Ft.. Its portfolio now capital structure. Our projects portfolio, FY25-26 % % % % 93 65 14 84 Residential Horizontal (villas Luxury Mid-market and plotted developments) % % % 7 35 2 Commercial / Vertical Affordable industrial (apartments) Annual Report 2025-26 | 5 Forest Trails, Bengaluru 6 | Arvind SmartSpaces Limited CORPORATE OVERVIEW AWARDS AND RECOGNITIONS RECOGNITION FOR THE COMPANY Awards and recognitions since 2026 2015 July 04,2025: Arvind SmartSpaces April 28, 2025: Arvind was recognised as Developer of SmartSpaces received the the Year - Residential at the 17th Excellence in Trustworthy Brand Realty Conclave & Excellence in Real Estate recognition at Awards 2025. the Times Now Radiant Gujarat Awards. 2025 March 31, 2025: Arvind SmartSpaces Limited was recognised as Brand of the Year - Real Estate at the 12th Edition of the Real Estate and Business Excellence Awards, 2025. 2024 January [Showing first 8,000 characters — download PDF for full document]