Corporate Actions
Arvind SmartSpaces jumps after Pirojsha Adi Godrej buys stake via bulk deal

10-Mar-26   14:10 Hrs IST
According to bulk deal data dated 9 March 2026, Pirojsha Adi Godrej purchased 8,17,530 shares, representing about 1.78% equity in the real estate developer, at a price of Rs 498 per share.

The shares were sold by HDFC Capital Affordable Real Estate Fund-1, which offloaded the same number of shares at the same price.

As of December 2025, HDFC Capital Affordable Real Estate Fund-1 held an 8.79% stake in Arvind SmartSpaces, equivalent to 40,32,200 shares. The name of Pirojsha Adi Godrej did not appear in the company's December quarter shareholding pattern.

According to BSE shareholding data, the total public shareholding in Arvind SmartSpaces stood at 50.18% as of December 2025.

Arvind SmartSpaces is an Ahmedabad-based real estate developer with around 110 million square feet of projects across India. The company has developments in Ahmedabad, Gandhinagar, Bengaluru, Mumbai Metropolitan Region and Pune, and operates under the Arvind Group brand.

On a consolidated basis, net profit of Arvind SmartSpaces declined 39.76% to Rs 28.76 crore while net sales declined 20.83% to Rs 166.39 crore in Q3 December 2025 over Q3 December 2024.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.