Arvind SmartSpaces Ltd approves acquisition of a 15% stake in Arvind Global Capability Center for ₹15,000
- Board approved the purchase of 1,500 equity shares in the newly incorporated company.
- The related-party transaction will be conducted at arm’s length based on an independent valuation.
- Completion is expected within one month; no regulatory approvals are required. GCC will provide shared services to group entities.