 "Arvind SmartSpaces")
In a bid to pursue value accretive projects in its focus markets, Arvind SmartSpaces Ltd (ASL), the real estate company of Arvind Group, has raised Rs 85 crore through HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1).
The Board of Directors of ASL on Friday approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124 per share as per Sebi ICDR Regulations 2018.
Having grown its project portfolio over the last few years, the company will strengthen its balance sheet and provide impetus to
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