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Arvind SmartSpaces gets nod to consolidate partnership interest in AEI LLP

30 Sep 2022 Evaluate

Arvind SmartSpaces has received approval for consolidation of the partnership interest in Ahmedabad East Infrastructure LLP (AEI LLP) from 51.43% to 55.24% and profit sharing in AEI LLP from 94.25% to 98% upon acquisition of entire partnership interest of Arvind Infrabuild LLP in AILLP.

The cost of acquisition is Rs 7.10 crore and would get completed upon execution of LLP agreement and transfer of consideration within 30 days. The acquisition is at arm’s length and at fair value.

Arvind SmartSpaces is engaged in to the business of Construction and Real Estate.

Arvind Smartspaces Share Price

602.50 -2.75 (-0.45%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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