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Management change

Arvind SmartSpaces Vishal Balesh as Other resigns

Arvind SmartSpaces (ARVSMART) said Vishal Balesh as Other has resigned. The company is valued at about ₹2,786 crore.

BCEIE News Desk · Published 13 Nov 2026, 05:44 pm IST · Filing received 13 Nov 2026, 05:28 pm IST

What happened

In a filing with the NSE on 13 November 2026 at 05:28 PM, Arvind SmartSpaces (ARVSMART) said that Vishal Balesh as Other has resigned.

From the filing: "Arvind SmartSpaces Limited has informed the Exchange regarding Resignation of Mr Vishal Balesh as Other of the company w.e.f."

Company snapshot

Arvind SmartSpaces is a small-cap company, with a market value of about ₹2,786 crore.

The stock last traded at ₹606.8, against a 52-week range of ₹486.8–₹707.9 (14.3% below the high).

Before this filing the shares had moved +0.2% over the month and −8.8% over three months. Average daily turnover over the last 20 sessions was about ₹3.12 crore.

Promoters held 53.77% at the end of Q2 FY27, down 0.06% points from the previous quarter. Foreign institutions owned 0.59% and domestic institutions 9.22%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2614114.23.09
Q3 FY2616628.86.27
Q4 FY2615542.39.63
Q1 FY273189921.8
Q2 FY2715717.93.93

What history shows

BCEIE's records show 12 or more previous management change filings from the company since May 2026.

After those filings, the stock gained 1.3% on average the next trading day and was up 3.0% on average after five days (11 filings with price data).

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
30 Sept 2026Intimation of Retirement of Senior Management Personnel.−3.6%—
20 Aug 2026Appointment Of Statutory Auditors In The Material Subsidiaries.+5.4%+0.3%
7 Aug 2026Resignation of Statutory Auditor−2.2%+3.0%
7 Aug 2026Resignation of Statutory Auditor−2.2%+3.0%
7 Aug 2026Change in Auditors of the company.−2.2%+3.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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