Acquisitions7 April 2026 at 10:33 am
Arvind SmartSpaces Acquires 49% Stake in Oxford Navrang Realtors for Rs. 49,000 and Sells 13% Stake in Arvind Skyline to Khetshi Barot and Kaushal Agarwal for Rs. 13,000
AI Summary
Arvind SmartSpaces Ltd has announced the acquisition of 49% stake in Oxford Navrang Realtors Pvt. Ltd. for a total consideration of Rs. 49,000. The acquisition was made through Arvind Skyline Private Limited, a wholly owned subsidiary of the company. Additionally, the company has sold 13% equity share capital of ASPL held by the Company to Mr. Khetshi Barot and Mr. Kaushal Agarwal for a total consideration of Rs. 13,000. The transactions are in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Key Highlights
- Arvind SmartSpaces acquires 49% stake in Oxford Navrang Realtors Pvt. Ltd. for Rs. 49,000
- The acquisition was made through Arvind Skyline Private Limited, a wholly owned subsidiary
- Arvind SmartSpaces sells 13% stake in Arvind Skyline Private Limited to Mr. Khetshi Barot and Mr. Kaushal Agarwal for Rs. 13,000
- The transactions are in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
- Oxford Navrang Realtors Pvt. Ltd. is a company incorporated on 4th July, 2025, engaged in the business of builders, developers, contractors, estate agent etc.