Arvind SmartSpaces Limited — JV/Acquisition, 07-04-2026: Acquisition

Arvind SmartSpaces' subsidiary acquired a 49% stake in Oxford Navrang Realtors, enabling its largest high-rise residential project to date in Goregaon (West), Mumbai. This strategic move strengthens ASL's presence in the Mumbai Metropolitan Region (MMR) and expands its high-rise development portfolio. The project boasts a top-line potential of ~Rs. 2,400 Cr, leveraging Goregaon's strong demand and excellent connectivity. This aligns with ASL's asset-light growth strategy.