Arvind SmartSpaces has incorporated the wholly owned subsidiary namely Arvind SmartHomes. As per the certificate of incorporation dated August 12, 2022, issued by the Registrar of Companies, Ministry of Corporate Affairs and the date of the incorporation of the subsidiary is August 12, 2022. The subsidiary shall be in the business of construction and development of real estate projects. The company will hold entire 100% stake in Arvind SmartHomes and will subscribe to 10,000 equity shares at the face value of Rs 10 each aggregating to Rs 1 lakh in cash.
Arvind SmartSpaces is engaged in to the business of Construction and Real Estate.