Arvind Ltd. — Board/Management Information 2024

Jan 30, 2024

==> picture [561 x 89] intentionally omitted <==

30[th] January, 2024

BSE Limited

Phiroze Jejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code : 500101

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra – Kurla Complex, Bandra (E) Mumbai – 400 051

Trading Symbol : ARVIND

Dear Sir/Madam

Sub : Change in Directors / Key Managerial Personnel

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (“SEBI LODR Regulations”), we hereby inform that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors in its meeting held on 30[th] January, 2024 approved followings;

• (i) Re-appointment of Mr. Arpit Patel as an Independent Director of the Company for second term of five years with effect from 17[th] May, 2024, subject to approval of members of the Company.

• (i) Appointment of Mr. Nigam Shah as the Chief Financial Officer (Key Managerial Personnel) of the Company as per Section 203 of Companies Act 2013 with effect from 1[st] February, 2024, in place of Mr. Jayesh Shah. Mr. Jayesh Shah shall continue to be Whole Time Director of the Company & Group Chief Financial Officer.

• (ii) Appointment of Krunal Bhatt as the Company Secretary (Key Managerial Personnel) of the Company as per Section 203 of Companies Act 2013 with effect from 1[st] February, 2024, in place of Mr. R V Bhimani, who shall cease to be Company Secretary.

Further, pursuant to Regulation 30(5) of SEBI LODR Regulations, with effect from 1[st] February, 2024, the Board of Directors has authorised (i) Mr. Nigam Shah for the purpose of determination of materiality of events or information in place of Mr. Jayesh Shah and (ii) Mr. Krunal Bhatt for the purpose of disclosure of material events or information in place of Mr. R V Bhimani.

The Contact details of above KMPs are as under:

E-mail. : investor@arvind.in Contact Number: +91 79 68268000

==> picture [561 x 89] intentionally omitted <==

Information as required to be disclosed as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023 is appended herewith.

Kindly take the same on records

Thanking You

Yours faithfully, For Arvind Limited

RAMNIK Digitally signed by RAMNIK VASHRAMBHAI VASHRAMBHAI BHIMANI BHIMANI Date: 2024.01.30 11:34:54 +05'30'

R V Bhimani

Company Secretary

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 88] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==

Information as required to be disclosed as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023.

Change in Directors / Key Managerial Personnel:

1. Re-Appointment of Mr. Arpit Patel as an Independent Director

	1. Re-Appointment of Mr. Arpit Patel as an Independent Director
		Reasonforchangeviz.appointment,re-appointment,resignation, removal, death orotherwise;	Re-appointment of Mr. Arpit Patel (DIN:00059914) as Independent Director forsecond term of consecutive five years witheffect from 17thMay, 2024 subject to approvalof members as per provisions of the
		Dateofappointment/re-appointment/cessation(asapplicable)&termofappointment/re-appointment;
		Briefprofile(incaseofappointment);	Mr. Arpit Patel, 65, is a senior CharteredAccountantwith broad experienceinhandlingassignmentsrangingfromstatutoryaudittocorporateadvisoryinvolving interplay of various laws. He hascontributed as a Partner at M/s KantilalPatel & Co. and M/s S. R. Batliboi & Co. LLP(a member firm of EY Global). At present, heis a Partner at M/s Arpit Patel & Associates,CharteredAccountants.Hehasbeenappointed as a Technical Reviewer ofFinancial Statements by ICAI, empanelled asa Technical Reviewer with the QualityReviewBoardestablishedbytheGovernment of India under the CharteredAccountants Act, 1949 and has authoredvarious books in his field.
			y involving interplay of various laws. He hascontributed as a Partner at M/s KantilalPatel & Co and M/s S R Batliboi & Co LLP
		Disclosure of relationships betweendirectors (in case of appointment ofa director).	N.A
		Declaration	Inaccordancewithcircularnos.LIST/COMP/14/2018-19andNSE/CML/2018/02, both dated 20thJune,2018, issued by BSE and NSE, respectively,we hereby affirm that Mr. Arpit Patel is notdebarred from holding the office of directorby virtue of any SEBI order or any other suchauthority.

2. Change in Chief Financial Officer:

	Reasonforchangeviz.appointment,re-appointment,resignation, removal, death orotherwise;Dateofappointment/re-appointment/cessation(asapplicable)&termofappointment/re-appointment;	Appointment of Mr. Nigam Shah as ChiefFinancialOfficer(Key Managerial Personnel u/s 203 of theCompanies Act, 2013) of the Companywith effect from 1stFebruary, 2024 in placeof Mr. Jayesh Shah who shall continue to beWhole Time Director of the Company &Group CFO.
	Briefprofile(incaseofappointment);	Mr. Nigam Shah, 43, is a qualified CharteredAccountant and MBA in finance. Mr. Shahjoined the Company as CFO (Designated) inOctober 2023. Nigam brings to Arvind morethan two decades of experience spanningvarious sectors, including Infrastructure,Engineering, Chemicals and Banking. Hismost recent role was at Montecarlo Limited,where he served as the Group CFO,overseeing multiple business segments,includingMetro&Buildings,Water,Transport, Mining, and Energy.
	Disclosure of relationships between	N.A
	directors (in case of appointment of
	a director).

Encl: Letter of resignation of Mr. Jayesh Shah as CFO (KMP)

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 88] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==

3 . Change in Company Secretary:

	3.Change in Company Secretary:
		Appointment of Mr. Krunal Bhatt(ACS-20162)as CompanySecretary(Key Managerial Personnel u/s 203 of theCompanies Act, 2013) with effect from 1stFebruary, 2024.Mr. R V Bhimani shall cease to be CompanySecretary of the Company w.e.f closinghours of 31stJanuary, 2024.Mr. Krunal Bhatt, 42, is a commerce and lawgraduate and also qualified companysecretary with more than 17 years of post-qualification experience in Secretarial &Legal function. He joined Arvind Limited inOctober, 2022. Prior to joining, he wasassociated with Astral Limited as theCompany Secretary.N.A
	Reasonforchangeviz.appointment,re-appointment,resignation, removal, death orotherwise;
	Dateofappointment/re-appointment/cessation(asapplicable)&termofappointment/re-appointment;
	Briefprofile(incaseofappointment);	Mr. Krunal Bhatt, 42, is a commerce and lawgraduate and also qualified companysecretary with more than 17 years of post-qualification experience in Secretarial &Legal function. He joined Arvind Limited inOctober, 2022. Prior to joining, he wasassociated with Astral Limited as theCompany Secretary.
	Disclosure of relationships betweendirectors (in case of appointment ofa director).	N.A

Encl: Letter of resignation of Mr. R.V. Bhimani as CS (KMP)

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==

==> picture [561 x 88] intentionally omitted <==

==> picture [561 x 89] intentionally omitted <==