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 briefsuch as size, turnover etc.;	Arvind Polymer Textiles LimitedTurnover (FY 2022-23) – Rs. 17.01 crores
	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the sameis done at “arm’s length”;	It is a transaction between holding andsubsidiary company, thus, it is related partytransaction. Promoter/Promoter Group of theCompany is not interested in the proposedtransaction.
	Industry to which the entity being acquiredbelongs;	Textiles
	Objectsandimpactofacquisition(including but not limited to, disclosure ofreasons for acquisition of target entity, if itsbusiness is outside the main line ofbusiness of the listed entity);	Internal re-organization of shareholding ofsubsidiaries
	Brief details of any governmental orregulatory approvals required for theacquisition;	Not applicable
	Indicative time period for completion ofthe acquisition;	One month approximately
	Consideration-whethercashconsideration or share swap or any otherform and details of the same;	Cash Consideration

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	Cost of acquisition and/or the price atwhich the shares are acquired;	Rs. 0.01 crores (approximately)
	Percentage of shareholding / controlacquired and / or number of sharesacquired;	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 atwhich the shares are acquired;		Rs. 0.01 crores (approximately)
	Percentage of shareholding / controlacquired and / or number of sharesacquired;		10,000 equity shares
	Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant information (in brief);		Textile business
	ii.	Purchase of Compulsory Convertible
	Name of the target entity, details in briefsuch as size, turnover etc.;		Arvind Polymer Textiles LimitedTurnover (FY 2022-23) – Rs. 17.01 crores
	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the sameis done at “arm’s length”;		It is a transaction between two subsidiarycompanies of same holding company, thus, itisrelatedpartytransaction.Promoter/Promoter Group of the Company isnot interested in the proposed transaction.
	Industry to which the entity being acquiredbelongs;		Textiles
	Objectsandimpactofacquisition(including but not limited to, disclosure ofreasons for acquisition of target entity, if itsbusiness is outside the main line ofbusiness of the listed entity);		Internal re-organization of shareholding ofsubsidiaries
	Brief details of any governmental orregulatory approvals required for theacquisition;		Not applicable

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			One month approximatelyCash ConsiderationRs. 0.01 crores (approximately)8,10,00,000 preference sharesTextile business	One month approximatelyCash ConsiderationRs. 0.01 crores (approximately)8,10,00,000 preference sharesTextile business
	Indicative time period for completion ofthe acquisition;		One month approximately
	Consideration-whethercashconsideration or share swap or any otherform and details of the same;		Cash Consideration
	Cost of acquisition and/or the price atwhich the shares are acquired;		Rs. 0.01 crores (approximately)
	Percentage of shareholding / controlacquired and / or number of sharesacquired;		8,10,00,000 preference shares
	Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant information (in brief);		Textile business
		cquired entity has presence and any other
		gnificant information (in brief);
		Purchase of Equity Shares of Arvind OG Nonwovens Private Limitcompany) by Arvind Polymer Textiles Limited (subsidiary company		ed (subsidiary
				) from Arvind

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 briefsuch as size, turnover etc.;	Arvind OG Nonwovens Private LimitedTurnover (FY 2022-23) – Rs. 96.19 crores
	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the sameis done at “arm’s length”;	It is a transaction between holding andsubsidiary company, thus, it is related partytransaction. Promoter/Promoter Group of theCompany is not interested in the proposedtransaction.
	Industry to which the entity being acquiredbelongs;	Textiles
	Objectsandimpactofacquisition(including but not limited to, disclosure ofreasons for acquisition of target entity,if its	Internal re-organization of shareholding ofsubsidiaries

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				Not applicableOne month approximatelyCash ConsiderationRs. 32.44 crores (approximately)26,80,710 equity sharesManufacturing of advanced materials	Not applicableOne month approximatelyCash ConsiderationRs. 32.44 crores (approximately)26,80,710 equity sharesManufacturing of advanced materials	Not applicableOne month approximatelyCash ConsiderationRs. 32.44 crores (approximately)26,80,710 equity sharesManufacturing of advanced materials	Not applicableOne month approximatelyCash ConsiderationRs. 32.44 crores (approximately)26,80,710 equity sharesManufacturing of advanced materials	Not applicableOne month approximatelyCash ConsiderationRs. 32.44 crores (approximately)26,80,710 equity sharesManufacturing of advanced materials
		business is outside the main line ofbusiness of the listed entity);
		Brief details of any governmental orregulatory approvals required for theacquisition;		Not applicable
		Indicative time period for completion ofthe acquisition;		One month approximately
		Consideration-whethercashconsideration or share swap or any otherform and details of the same;		Cash Consideration
		Cost of awhich the	cquisition and/or the price atshares are acquired;	Rs. 32.44 crores (	approximat	ely)
		Percentag	e of shareholding / control	26,80,710 equity	shares
		acquiredacquired;	and / or number of shares
		Brief back	round about the entity acquired	Manufacturing of	advanced	materials
		in terms	of products/line of business
		acquired,last 3 year	date of incorporation, history ofs turnover, country in which the
		acquired esignificant	ntity has presence and any otherinformation (in brief);
	ivPurc		hase of Equity Shares of Arvind PD Composites P		ivate Limi	ted (subsi	diary

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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		TextilesInternal re-organization of shareholding ofsubsidiariesNot applicableOne month approximatelyCash ConsiderationRs. 34.50 crores (approximately)1,60,451 equity sharesManufacturing of advanced materials
	Industry to which the entity being acquiredbelongs;	Textiles
	Objectsandimpactofacquisition(including but not limited to, disclosure ofreasons for acquisition of target entity, if itsbusiness is outside the main line ofbusiness of the listed entity);	Internal re-organization of shareholding ofsubsidiaries
	Brief details of any governmental orregulatory approvals required for theacquisition;	Not applicable
	Indicative time period for completion ofthe acquisition;	One month approximately
	Consideration-whethercashconsideration or share swap or any otherform and details of the same;	Cash Consideration
	Cost of acquisition and/or the price atwhich the shares are acquired;	Rs. 34.50 crores (approximately)
	Percentage of shareholding / controlacquired and / or number of sharesacquired;	1,60,451 equity shares
	Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant 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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----- Start of picture text ----- Name of the target entity, details in brief Arvind Suit Manufacturing Private Limitedsuch as size, turnover etc.; Turnover (FY 2022-23) – Rs. 23.41 crores----- End of picture text -----

	Whether the acquisition would fall within	It is a transaction	between two subsidiary
	related party transaction(s) and whether	companies of same	holding company, thus, it
	thepromoter/ promotergroup/ group	isrelated	partytransaction.

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		Promoter/Promoter Group of the Company isnot interested in the proposed transaction.TextilesInternal re-organization of shareholding ofsubsidiariesNot applicableOne month approximatelyCash ConsiderationRs. 0.01 crores (approximately)52,43,000 equity sharesTextile business
	companies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the sameis done at “arm’s length”;	Promoter/Promoter Group of the Company isnot interested in the proposed transaction.
	Industry to which the entity being acquiredbelongs;	Textiles
	Objectsandimpactofacquisition(including but not limited to, disclosure ofreasons for acquisition of target entity, if itsbusiness is outside the main line ofbusiness of the listed entity);	Internal re-organization of shareholding ofsubsidiaries
	Brief details of any governmental orregulatory approvals required for theacquisition;	Not applicable
	Indicative time period for completion ofthe acquisition;	One month approximately
	Consideration-whethercashconsideration or share swap or any otherform and details of the same;	Cash Consideration
	Cost of acquisition and/or the price atwhich the shares are acquired;	Rs. 0.01 crores (approximately)
	Percentage of shareholding / controlacquired and / or number of sharesacquired;	52,43,000 equity shares
	Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant information (in brief);	Textile business

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