Arvind Ltd. — Capital/Financing Update 2020

Jun 28, 2020

June 28, 2020

To

BSE Limited Listing Dept./ Dept. of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

Security Code : 500101 Security ID : ARVIND

To National Stock Exchange of India Limited Listing Dept., Exchange Plaza, 5[th] Floor Plot No. C/1, G. Block Bandra-Kurla Complex Bandra (E) Mumbai - 400051

Symbol : ARVIND

Dear Sir/Madam,

Sub.: Fund Raising by issuance of Debt Securities by Large Entities

Ref.: SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26[th] November 2018

Pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, pertaining to fund raising by issuance of Debt Securities by Large Entities, we are enclosing herewith:

1. Annexure A, initial disclosure to be made by the Company for FY 2020-2021; and

2. Annexure B1, details of the incremental borrowings done during the FY 2019-2020.

Please take the above on your record.

Thanking you,

Yours faithfully, For, Arvind Limited

RAMNIK VASHRAMBHAI BHIMANI Digitally signed by RAMNIK VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:09 +05'30'

R. V. Bhimani Company Secretary

Encl.: As above

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Annexure A Initial Disclosure to be made by an entity identified as a LC[]*

Sr. No.	Particulars	Details
1	Name of the Company	Arvind Limited
2	CIN	L17119GJ1931PLC000093
3	Outstanding borrowing of the Company as on 31stMarch 2020(in Rs. Crores)	1200.84
4	Highest Credit Rating During the previous FY along with name of the Credit Rating Agency	AA - (Double A minus), CARE Ratings Limited
5	Name of Stock Exchange#in which the fine shall be paid, in case of shortfall in the required borrowingunder the framework	BSE Limited

* We confirm that we are not a Large Corporate as per the applicability criteria given under the SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

# In terms para of 3.2(ii) of the circular, beginning F.Y. 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

For, Arvind Limited

For, Arvind Limited

RAMNIK VASHRAMBHAI BHIMANIVASHRAMBHAI BHIMANIHAI BHIMANIBHIMANI Digitally signed by RAMNIK VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'd087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'6f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'd437fc15f2 Date: 2020.06.28 18:48:57 +05'30'Date: 2020.06.28 18:48:57 +05'30'

JAYESH KANTILAL SHAH Digitally signed by JAYESH KANTILAL SHAH DN: c=IN, o=Personal, postalCode=380054, st=GUJARAT, serialNumber=d1911a570eef6035c6d7e08f950db59151624766896fb00d8eddcff4b1cea1e3, cn=JAYESH KANTILAL SHAH Date: 2020.06.28 18:54:06 +05'30' RAMNIK VASHRAMBHAI BHIMANIVASHRAMBHAI BHIMANIHAI BHIMANIBHIMANI Digitally signed by RAMNIK VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'd087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'6f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:48:57 +05'30'd437fc15f2 Date: 2020.06.28 18:48:57 +05'30'Date: 2020.06.28 18:48:57 +05'30' Jayesh Shah R.V. Bhimani Director and Group Chief Financial Officer Company Secretary 079 - 6826 8000 079 - 6826 8000

Date: 28[th] June 2020

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Annexure B1 Annual Disclosure to be made by an entity identified as a LC

1. Name of the Company: Arvind Limited

2. CIN: L17119GJ1931PLC000093

3. Report filed for FY: 2019-20

4. Details of the borrowings (all figures in Rs. crore):

Sr. No.	Particulars	Details
i	Incremental borrowing done in FY 2019-20 **(a) **	446.66
ii	Mandatory borrowing to be done through issuance of debt securities (b) = 25% of(a)	111.66
iii	Actual borrowings done through debt securities in FY 2019-20 **(c) **	0
iv	Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) (If the calculated value is zero or negative, **write "nil") **	111.66
v	Reasons for short fall, if any, in mandatory borrowings through debt securities	The Company had planned to borrow through debt securities in the month of March 2020 but due to the outspread of COVID 19, the Company could not raise the funds at an appropriate rate.

For, Arvind Limited

JAYESH Digitally signed by JAYESH KANTILAL SHAH DN: c=IN, o=Personal, postalCode=380054, st=GUJARAT, KANTILA serialNumber=d1911a570eef6035c6d7e08f950db59151624766 896fb00d8eddcff4b1cea1e3, cn=JAYESH KANTILAL SHAH L SHAH Date: 2020.06.28 18:55:51 +05'30' Jayesh Shah Director and Group Chief Financial Officer 079 - 6826 8000

For, Arvind Limited

RAMNIK VASHRAMBHAI BHIMANI Digitally signed by RAMNIK VASHRAMBHAI BHIMANI DN: c=IN, st=Gujarat, 2.5.4.20=db2c3776a53e59efc4f11536526d087895e83c154d06484341383c8ba212618c, postalCode=380015, street=F 33 HIRAMANI APPARTMENT, serialNumber=2f09f8fbb02bf859bc37396f3b983b904303dfebd607962c6975fd0b2cc46221, o=Personal, cn=RAMNIK VASHRAMBHAI BHIMANI, pseudonym=8529454ec57dd673720ec9d437fc15f2 Date: 2020.06.28 18:50:05 +05'30'

R.V. Bhimani Company Secretary 079 - 6826 8000

Date: 28[th] June 2020

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