Awfis Space Solutions to Sell Design and Build Business to Wholly Owned Subsidiary for INR 265.91 Million

Awfis Space Solutions Ltd. has approved the sale of its Design and Build business to its wholly owned subsidiary, Awfis Transform Private Limited (ATPL), for an initial purchase price of INR 265.91 Million. The sale is expected to be completed by 28 February 2026, with the final purchase price to be determined by an updated valuation report. The transaction is an arm's length related party transaction and is outside the Scheme of Arrangement. The Business Undertaking includes all specified tangible and intangible assets, liabilities, litigations, obligations, benefits, and other assets related to the Undertaking.