Arvind Ltd. — Capital/Financing Update 2023

Oct 31, 2023

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31[st] October, 2023

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

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 - 400 051. Symbol: ARVIND

Dear Sir/Madam,

Sub: Intimation under Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform about the internal re-organisation of shareholding of subsidiaries as provide in ‘ Annexure A ’.

Kindly take the same on records.

Thanking you

Yours faithfully, For Arvind Limited

RAMNIK Digitally signed by RAMNIK VASHRAMBH VASHRAMBHAI BHIMANI AI BHIMANI Date: 2023.10.31 12:40:54 +05'30' R.V. Bhimani Company Secretary

Encl :

1. Disclosure under regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023

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Annexure A

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July, 2023

i. Purchase of Equity Shares of Arvind Polymer Textiles Limited (subsidiary company) by Arvind Limited (holding company) from Arvind Sports Fashion Private Limited (subsidiary company):

	Name of the target entity, details in brief such as size, turnover etc.;	Arvind Polymer Textiles Limited Turnover (FY 2022-23) – Rs. 17.01 crores
	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	It is a transaction between holding and subsidiary company, thus, it is related party transaction. Promoter/Promoter Group of the Company is not interested in the proposed transaction.
	Industry to which the entity being acquired belongs;	Textiles
	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	Internal re-organization of shareholding of subsidiaries
	Brief details of any governmental or regulatory approvals required for the acquisition;	Not applicable
	Indicative time period for completion of the acquisition;	One month approximately
	Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Consideration

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	Cost of acquisition and/or the price at which the shares are acquired;	Rs. 0.01 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;	10,000 equity shares
	Brief background about the entity acquired	Textile business
	in terms of products/line of business
	acquired, date of incorporation, history of
	last 3 years turnover, country in which the
	acquired entity has presence and any other
	significant information (in brief);

			Rs. 0.01 crores (approximately) 10,000 equity shares	Rs. 0.01 crores (approximately) 10,000 equity shares
	Cost of acquisition and/or the price at which the shares are acquired;		Rs. 0.01 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;		10,000 equity shares
	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);		Textile business
	ii.	Purchase of Compulsory Convertible
	Name of the target entity, details in brief such as size, turnover etc.;		Arvind Polymer Textiles Limited Turnover (FY 2022-23) – Rs. 17.01 crores
	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;		It is a transaction between two subsidiary companies of same holding company, thus, it is related party transaction. Promoter/Promoter Group of the Company is not interested in the proposed transaction.
	Industry to which the entity being acquired belongs;		Textiles
	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);		Internal re-organization of shareholding of subsidiaries
	Brief details of any governmental or regulatory approvals required for the acquisition;		Not applicable

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		One month approximately Cash Consideration Rs. 0.01 crores (approximately) 8,10,00,000 preference shares Textile business
	Indicative time period for completion of the acquisition;	One month approximately
	Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Consideration
	Cost of acquisition and/or the price at which the shares are acquired;	Rs. 0.01 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;	8,10,00,000 preference shares
	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Textile business

iii. Purchase of Equity Shares of Arvind OG Nonwovens Private Limited (subsidiary company) by Arvind Polymer Textiles Limited (subsidiary company) from Arvind Limited (holding company):

	Name of the target entity, details in brief such as size, turnover etc.;	Arvind OG Nonwovens Private Limited Turnover (FY 2022-23) – Rs. 96.19 crores
	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	It is a transaction between holding and subsidiary company, thus, it is related party transaction. Promoter/Promoter Group of the Company is not interested in the proposed transaction.
	Industry to which the entity being acquired belongs;	Textiles
	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity,if its	Internal re-organization of shareholding of subsidiaries

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		Not applicable One month approximately Cash Consideration Rs. 32.44 crores (approximately) 26,80,710 equity shares Manufacturing of advanced materials
	business is outside the main line of business of the listed entity);
	Brief details of any governmental or regulatory approvals required for the acquisition;	Not applicable
	Indicative time period for completion of the acquisition;	One month approximately
	Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Consideration
	Cost of acquisition and/or the price at which the shares are acquired;	Rs. 32.44 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;	26,80,710 equity shares
	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Manufacturing of advanced materials

iv. Purchase of Equity Shares of Arvind PD Composites Private Limited (subsidiary company) by Arvind Polymer Textiles Limited (subsidiary company) from Arvind Limited (holding company):

Name of the target entity, details in brief Arvind PD Composites Private Limited such as size, turnover etc.; Turnover (FY 2022-23) – Rs. 103.73 crores Whether the acquisition would fall within It is a transaction between holding and related party transaction(s) and whether subsidiary company, thus, it is related party the promoter/ promoter group/ group transaction. Promoter/Promoter Group of the companies have any interest in the entity Company is not interested in the proposed being acquired? If yes, nature of interest transaction. and details thereof and whether the same is done at “arm’s length”;

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		Textiles Internal re-organization of shareholding of subsidiaries Not applicable One month approximately Cash Consideration Rs. 34.50 crores (approximately) 1,60,451 equity shares Manufacturing of advanced materials
	Industry to which the entity being acquired belongs;	Textiles
	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	Internal re-organization of shareholding of subsidiaries
	Brief details of any governmental or regulatory approvals required for the acquisition;	Not applicable
	Indicative time period for completion of the acquisition;	One month approximately
	Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Consideration
	Cost of acquisition and/or the price at which the shares are acquired;	Rs. 34.50 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;	1,60,451 equity shares
	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Manufacturing of advanced materials

v. Purchase of Equity Shares in Arvind Suit Manufacturing Private Limited by Arvind Polymer Textiles Limited (subsidiary company) from Arvind Sports Fashion Private Limited (subsidiary company):

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Name of the target entity, details in brief Arvind Suit Manufacturing Private Limited
such as size, turnover etc.; Turnover (FY 2022-23) – Rs. 23.41 crores
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	v. Purchase of Equity Shares in Arvind Suit Manufacturing Private Limited by Arvind Polymer Textiles Limited (subsidiary company) from Arvind Sports Fashion Private Limited (subsidiary company):	v. Purchase of Equity Shares in Arvind Suit Manufacturing Private Limited by Arvind Polymer Textiles Limited (subsidiary company) from Arvind Sports Fashion Private Limited (subsidiary company):
	Name of the target entity, details in brief such as size, turnover etc.; Arvind Suit Manufacturing Private Limited Turnover (FY 2022-23) – Rs. 23.41 crores
	Whether the acquisition would fall within related party transaction(s) and whether thepromoter/ promotergroup/ group	It is a transaction between two subsidiary companies of same holding company, thus, it is related party transaction.

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		Promoter/Promoter Group of the Company is not interested in the proposed transaction. Textiles Internal re-organization of shareholding of subsidiaries Not applicable One month approximately Cash Consideration Rs. 0.01 crores (approximately) 52,43,000 equity shares Textile business
	companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	Promoter/Promoter Group of the Company is not interested in the proposed transaction.
	Industry to which the entity being acquired belongs;	Textiles
	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	Internal re-organization of shareholding of subsidiaries
	Brief details of any governmental or regulatory approvals required for the acquisition;	Not applicable
	Indicative time period for completion of the acquisition;	One month approximately
	Consideration - whether cash consideration or share swap or any other form and details of the same;	Cash Consideration
	Cost of acquisition and/or the price at which the shares are acquired;	Rs. 0.01 crores (approximately)
	Percentage of shareholding / control acquired and / or number of shares acquired;	52,43,000 equity shares
	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Textile business

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