Arvind SmartSpaces Limited has informed the Exchange regarding 'Submission Trust Deed'.
ARVSMART · price
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Arvind SmartSpaces Limited has submitted the duly executed Trust Deed for 'ASL ESOP Trust' to BSE and NSE as required under Regulation 3(3) of SEBI's SBEB Regulations, 2021. The trust has been set up to administer and implement two employee stock option schemes: the 'Arvind Infrastructure Limited Employee Stock Option Plan 2016' and the 'Arvind SmartSpaces Limited – Employee Stock Option Scheme 2025'. MUFG Intime India Private Limited (formerly Link Intime India Private Limited) has been appointed as the sole Corporate Trustee of the trust, with an initial corpus of Rs. 10,000. The trust is structured as an irrevocable employee welfare trust, with the Board having approved its formation via resolutions dated 3rd November 2025 and 10th February 2026.
This is a procedural regulatory compliance filing and is largely neutral for the stock. It formalizes the trust structure that will administer the company's existing and new ESOP schemes, which could support employee retention and incentivization but does not signal any material change in business or capital structure.