Arvind Smartspaces has informed that the Board of Directors of the Company at its meeting held on 26th December, 2017, has approved issue of up to 3,000,000 warrants at a price of Rs 178.00 per warrant for an aggregate consideration of up to Rs 534,000,000 to promoter and promoter group entities and increase in Authorised Capital of the Company subject to approval of the Shareholders of the Company at the EGM to be held on 25th January, 2018.
The above information is a part of company’s filings submitted to BSE.