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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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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

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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 |
