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Arvind Ltd. Capital/Financing Update 2024

Dec 19, 2024

59174_rns_2024-12-19_0eafc375-cac7-4fbd-9796-ba13aaba45e0.pdf

Capital/Financing Update

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19% December, 2024

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, 5t Floor Plot No. C/1, G. Block, Bandra-Kurla Complex Bandra (E) Mumbai-400 051

Symbol : ARVIND

Dear Sir / Madam,

Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") — Additional Investment in Equity Shares of Arvind Advanced Materials Limited, Wholly Owned Subsidiary of the Company

Pursuant to Regulation 30 read with Schedule Il of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has made a further investment of Rs. 24,98,85,710/- (Twenty Four Crores Ninety Eight Lakhs Eighty Five Thousand Seven Hundred and Ten Only) by way of subscribing to equity shares of Arvind Advanced Materials Limited, Wholly Owned Subsidiary of the Company on Rights Basis.

The disclosure as required under Regulation 30 read with Schedule Ill Part A Para A (1) of the Listing Regulations and the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13t July, 2023 is attached herewith as Annexure A.

This is for your information and records.

Thanking you

Yours faithfully,

For Arvind Limited KRUNAL Digitally

DEVENDR AKUMAR BHATT signed by KRUNAL DEVENDRAK UMAR BHATT

Krunal Bhatt Company Secretary

Encl. as above

Arvind Limited, Naroda Road, Ahmedabad. 380 025, India Tel: +91 79 30138000 CIN:L17119GJ1931PLCO00093

www.arvind.com

ACvViND

Annexure A

Sr. No. Particulars Details
1. Name
of the target entity,
details
in
brief such as size, turnover etc.
Name: Arvind Advanced Materials Limited
(AAML)
Size & Turnover:
of AAML
Turnover
(FY 2023-24)
is 95.34
Crores.
Share
Up
date
Capital
Paid
on
as
is
Rs. 1,14,290/-.
2. Whether
would
acquisition
the
whether
promoter/
the
companies
group/
group
have
any
fall The
transaction
subscription
involves
of
within related party transaction(s) and equity shares of AAML, which is an existing
promoter wholly owned subsidiary
of the Company.
holding company
entity being acquired? Transactions between a
interest
the
in
nature
of interest
and
details and
If yes,
the same is done accounts
thereof and whether
at "arm's length".
owned
whose
wholly
subsidiary
its
consolidated
such
with
are
company
exempt
from
holding
are
approval under related party transactions.
promoter /
promoter
The
group / group
companies of Arvind
Limited do not have
any interest in AAML.
3. which
Industry
entity
the
to
acquired belongs
being The Company is engaged
in the business of
manufacturing
advanced
supply
and
of
materials.
4. Objects
impact
and
of
(including
limited
but
not
disclosure of reasons for acquisition of
target entity, if its business is outside
the main line of business of the listed
entity)
acquisition For repayment of loans and general
to, corporate purposes.
5. governmental
of any
Brief details
regulatory approvals required for the
acquisition
or Not Applicable

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www.arvind.com

6. Indicative time period for completion On or before 19t December, 2024
of the acquisition
7. whether
Consideration
-
cash Cash Consideration
swap
consideration
share
any
or
or
other form and details of the same
8. and
Cost of acquisition
/ or the price at Cost
24,98,85,710/-
of Acquisition
Rs.
is
which the shares are acquired (Twenty
Crores
Ninety
Four
Lakhs
Eight
Eighty Five Thousand Seven
Hundred and
Ten Only).
9. Percentage of shareholding / control There will be no change in the Company's
acquired
and
/ or
number of shares Shareholding percentage in AAML. Arvind
acquired 100%
continue
Limited
hold
shall
to
(together with nominees) in the AAML.
10. background
about
entity
the
Brief
AAML
incorporated
was
under
the
products / line
acquired
terms
of
in
24
Companies Act, 2013
November,
on
business
acquired,
date
of
of 2015.
incorporation,
history of last 3 years
country
which
turnover,
in
the The Turnover of AAML for last 3 years
is
acquired entity has presence and any given below:
other significant information Year Turnover
(In Crores)
2023-24 95.34
2022-23 40.42
2021-22 (4.61)
Country of presence of
AAML: India