ARVSMARTNSEArvind SmartSpaces LimitedLowNeutral
Announced Tue, 15 Jul · 13:41 IST

Arvind SmartSpaces Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 08, 2025

Board & Shareholder Meetings View source PDF

ARVSMART · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arvind SmartSpaces Limited has informed the exchanges that its 17th Annual General Meeting will be held on Friday, August 8, 2025 at 3:00 PM through Video Conference/OAVM. Shareholders will vote on six items: (1) adopting audited financial statements for FY25, (2) declaring a dividend on equity shares (record date fixed as July 25, 2025), (3) reappointing Mr. Kulin Sanjay Lalbhai who retires by rotation, (4) ratifying Rs. 1 lakh remuneration to M/s Kiran J. Mehta & Co. as Cost Auditors for FY26, (5) appointing M/s N.V. Kathiria & Associates as Secretarial Auditors for a 5-year term from FY26 to FY30, and (6) reappointing Mr. Kamal Singal as Managing Director & CEO for another 5 years (June 1, 2025 to May 31, 2030). His basic salary is fixed at Rs. 7.5 lakh per month (cap Rs. 12.5 lakh/month) with overall annual remuneration capped at Rs. 7.5 crore plus commission up to 1% of consolidated profit before tax, plus 2,77,500 pending ESOPs. Remote e-voting will be open from August 5 to August 7, 2025 via NSDL, with cut-off date August 1, 2025.

Likely market impact

Routine AGM notice with standard business items. Shareholders holding shares as of July 25, 2025 (record date) will be eligible for the FY25 dividend if approved, and must cast e-votes by August 7. The MD & CEO reappointment signals leadership continuity for a fresh 5-year term.