Arvind Ltd. — Capital/Financing Update 2023

Oct 27, 2023

==> picture [612 x 72] intentionally omitted <==

27[th] October, 2023

To,

To,

BSE Limited National Stock Exchange of India Limited Listing Dept. / Dept. of Corporate Services, Listing Dept., Exchange Plaza, 5[th] Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Dalal Street, Bandra‐Kurla Complex, Mumbai ‐ 400 001. Bandra (E), Mumbai ‐ 400 051. Security Code: 500101 Security ID: ARVIND Symbol: ARVIND

Dear Sir/Madam,

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ‐ Grant of Stock Options under Employees Stock Option Scheme ‐ 2021

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Nomination and Remuneration Committee (NRC) of the Company by passing circular resolution on 27[th] October, 2023, has granted 1,50,000 (One Lakh Fifty Thousand) stock options to an eligible Employee of the Company under "Grant – October 2023" pursuant to Employees Stock Option Scheme ‐ 2021.

Details as required to be disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular dated 13[th] July, 2023, are enclosed as ‘Annexure ‐I’.

This disclosure will also be hosted on the Company’s website.

You are requested to take note of the same.

Thanking you

Yours faithfully,

For Arvind Limited

RAMNIK Digitally signed by RAMNIK VASHRAMBHAI VASHRAMBHA BHIMANI I BHIMANI Date: 2023.10.27 17:31:01 +05'30'

R.V. Bhimani Company Secretary

==> picture [178 x 73] intentionally omitted <==

==> picture [612 x 72] intentionally omitted <==

Annexure I

Sr. no.	Particulars		Details	Details
1	Brief details of options granted		1,50,000 stock options granted under Employees StockOption Scheme – 2021 as determined by NRC.
2	Whether the scheme is in terms of SEBI (SBEB)Regulations, 2021 (if applicable)		Yes, the scheme is in compliance with the Securities andExchange Board of India (Share Based Employee Benefitsand Sweat Equity) Regulations, 2021 (SEBI SBEBRegulations, 2021)
3	Total number of shares covered by theseoptions		1,50,000 equity shares of Rs. 10 Each
4	Pricing formula/Exercise Price		Exercise Price is Rs. 169.80 /‐ per stock option.Closing Market Price (As on 26thOctober, 2023).
5	Options vested/ Vesting Schedule		The Options shall vest as under:No. of stock optionsVesting Date25% of the Option Granted31stOctober 202425% of the Option Granted31stOctober 202550% of the Option Granted31stOctober 2026
			No. of stock options	Vesting Date
			25% of the Option Granted	31stOctober 2024
			25% of the Option Granted	31stOctober 2025
			50% of the Option Granted	31stOctober 2026
6	Time within which option may be exercised		3 years from the date of vesting of stock option.
7	Options exercised		NA
8	Money realized by exercise of options
9	The total number of shares arising as a result ofexercise of option
10	Options lapsed
11	Variation of terms of options
12	Brief details of significant terms
13	Subsequent changes or cancellation or exerciseof such options;
14	Diluted earnings per share pursuant to issue ofequity shares on exercise of options

==> picture [178 x 73] intentionally omitted <==