Arvind Ltd. — Board/Management Information 2019

Jul 24, 2019

L AfVIno

www arvind.com

July 24, 2019

BSE Limited Listing Dept. I Dept. of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400 001

Security Code : 500 101 Security ID : ARVIND

National Stock Exchange of India Ltd. Listing Dept.,Exchange Plaza, 5th Floor Plot No. C/1, G. Block Bandra-Kurla Complex Bandra (E) Mumbai- 400 051

Symbol: ARVIND

Dear Sir I Madam,

Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Re-appointment of Independent Directors

Pursuant to Regulation 30 read with Part A of SCHEDULE Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, as recommended by the Nomination & Remuneration Committee, on 23rd July 2019 has re-appointed Dr. Baku I H. Dholakia and Ms. Renuka Ramnath as Independent Directors on the Board of the Company for a term of five years with effect from pt August 2019, subject to approval by the members in general meeting, in compliance with the provisions ofthe Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Their brief profiles are enclosed as Annexure 1.

Kindly take the same on record .

Thanking you,

R. V. Bhimani Company Secreta ^y

Encl.: As above.

ANNEXURE 1

Brief Profile of Dr. Bakul H. Dholakia

Dr. Bakul Dholakia is the former Director of liM, Ahmedabad. He was also the Director General of International Management Institute, Delhi. Prior to joining IMI, he was the Director of Adani Institute of Infrastructure Management & Gujarat Adani Institute of Medical Sciences, Bhuj. Dr. Dholakia is a Gold Medalist from Baroda University and holds a Doctorate in Economics. He has 47 years of professional experience including 33 years at liM, Ahmedabad. During the course of his long tenure at liM Ahmedabad, Dr. Dholakia occupied the Reserve Bank of India Chair from 1992 to 1999, served as the Dean from 1998 to 2001 and as the Director of the Institute from 2002 to 2007. He had received Best Professor Award for his teaching in Postgraduate Programme at liMA. He has guided 20 Ph.D. students specializing in Economics, Finance, Business Policy and Public Systems at liMA. He has been a consultant to various national and international organizations. In 2007, Dr. Dholakia was awarded Padma Shri by the Government of India in recognition of his distinguished services in the field of education. In 2008, Dr. Dholakia was conferred the coveted Bharat Asmita National Award for his contribution to management education and teaching by the Hon'ble Chief Justice of India. In 2017, Dr. Dholakia received the prestigious AlMA Award for Excellence in Academic Leadership for his outstanding contribution to management education in India.

Dr. Dholakia has been a major guiding force behind the numerous initiatives and expansion of activities at liMA contributing to its 56 enhanced international image and global recognition. His achievements in institution building have been nationally and internationally acclaimed. Dr. Dholakia had been a Board Member of Reserve Bank of India Western Area Board from 1993 to 2001. In recognition of his efforts to improve the quality of management education, the Government of India had appointed Dr. Dholakia as the Chairman of the National Board of Accreditation for Technical Education in India (2005 to 2008). He has also served as External Director on the Board of several public & private sector companies. He has an extensive experience of conducting executive development programmes for top management of leading companies and also for senior bureaucrats in India and abroad. He has also served as a member of the Jury for various Corporate Excellence Awards and Selection Committees for CEOs. Over the last two decades, Dr. Dholakia has worked on numerous government committees, the recent ones being the Rangarajan Committee on Pricing and Taxation of Petroleum Products {2006) and the Expert Group on Pension Fund constituted by the Government of India (2009). The Competition Commission of India has appointed Dr. Bakul Dholakia as a Member of the Eminent Persons Advisory Group (EPAG), which serves as a think tank to give broad inputs and advice on larger issues impacting markets and competition. Dr. Dholakia is the author of 12 books, 28 monographs and more than 50 research papers published in professional journals in India and abroad.

Brief Profile of Ms. Renuka Ramnath

Ms. Ramnath is the Founder, Managing Director and CEO of Multiples Alternate Asset Management, a private equity manager and advisor to funds of"" USD 1 bn. She has over 30 years of experience in the Indian financial sector across private equity, investment banking and structured finance. Ms. Ramnath started her career with the ICICI Group and had leadership roles in investment banking, structured finance and e-commerce. She led ICICI Venture as the MD & CEO of ICICI Venture to become one of the largest private equity funds in India. One of the most experienced private equity fund managers in India, Ms. Ramnath has a full cycle track record of investing capital raised from global Institutions. She is a Board member of EMPEA, the global industry association for private capital in emerging markets. She is also the vice-chairperson of the Executive Committee of Indian Venture Capital Association.

Ms. Ramnath has obtained a graduate degree in textile engineering from V.J. Technological Institute (VJTI), University of Mumbai and a post graduate degree in management studies from University of Mumbai. She has also completed the Advanced Management Program from the Graduate School of Business Administration, Harvard University.