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Arvind Ltd. Capital/Financing Update 2024

Sep 9, 2024

59174_rns_2024-09-09_20f8e64a-5736-402a-9d0d-3d38cd9ac5c0.pdf

Capital/Financing Update

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L/\FVI(]D

9t September, 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") — Investment in Equity Shares of Arvind Technical Products Private 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. 48 Crores by way of subscribing to equity shares of Arvind Technical Products Private 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 13" July, 2023 is attached herewith as Annexure A.

This is for your information and records.

Thanking you

Yours faithfully,

For Arvind Limited

DEVENDRAK UMAR BHATT Digitally signed by KRUNAL DEVENDRAKUMAR BHATT Date: 2024.09.09 17:51:38 +05'30'

Krunal Bhatt Company Secretary

Encl. as above

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

www.arvind.com

ACvViND

Annexure A

Sr. No. Particulars Details
1. Name
of the target entity,
details
in
Name:
Technical
Products
Arvind
Private
brief such as size, turnover etc. Limited (ATPPL)
Size & Turnover: Turnover of ATPPL as on
31 March, 2024 is NIL.
2. Whether
would
acquisition
the
fall The
transaction
subscription
involves
of
within related party transaction(s) and equity shares of ATPPL, which is an existing
whether
promoter/
the
promoter wholly owned subsidiary
of the Company.
companies
group/
group
have
any
interest
the
in
holding company
entity being acquired? Transactions between a
nature
details and
of interest
and
If yes,
owned
whose
wholly
subsidiary
its
thereof and whether the same is done accounts consolidated
with
such
are
at "arm's length". company
exempt
from
holding
are
approval under related party transactions.
promoter /
promoter
group / group
The
companies of Arvind
Limited do not have
any interest in ATPPL.
3. which
Industry
the
entity
to
being Manufacture
supply
Technical
and
of
acquired belongs meeting
Textile products.
4. Objects
impact
acquisition For
and
of
long term fund requirements,
(including
limited
but
not
to, working capital expenditure and general
disclosure of reasons for acquisition of corporate purposes.
target entity, if its business is outside
the main line of business of the listed
entity)
governmental
of any
Brief details
or Not Applicable
5. regulatory approvals required for the
acquisition
6. Indicative time period for completion On or before 9t September, 2024
of the acquisition
7. whether
Consideration
-
cash Cash Consideration
swap
consideration
share
any
or
or
other form and details of the same

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

L/\rva

www.arvind.com

8. Cost of acquisition and / or the price at Cost of Acquisition is Rs. 48 Crores.
which the shares are acquired
9. Percentage of shareholding / control There will be no change in the Company's
acquired
and
/ or
number of shares Shareholding percentage in ATPPL. Arvind
acquired continue
Limited
shall
100%
hold
to
(together with nominees) in the ATPPL.
10. background
about
Brief
the
entity ATPPL
was
incorporated
under
products / line
terms
acquired
of
in
25
Companies Act, 2013
November,
on
business
acquired,
date
of
of 2022.
incorporation,
history of last 3 years
turnover,
country
which
in
the ATPPL
process
setting
the
up
of
in
is
acquired entity has presence and any manufacturing facility for Technical Textile
other significant information products.
The Turnover of ATPPL for last 3 years is
given below:
Year Turnover
2021-22 Not Applicable
2022-23 NIL
2023-24 NIL
Country of presence of ATPPL: India