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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/-. |
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| 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. |
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| 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 |
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| 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 |
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| which the shares are acquired | (Twenty Crores Ninety Four Lakhs Eight |
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| Eighty Five Thousand Seven Hundred and |
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| 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 |
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| (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 |
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| business acquired, date of |
of 2015. | |||
| incorporation, history of last 3 years |
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| country which turnover, in |
the The Turnover of AAML for last 3 years is |
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| 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 |
