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Arvind Ltd. — Capital/Financing Update 2024
Dec 19, 2024
59174_rns_2024-12-19_90ad05f0-611a-43bc-8ef1-33fbc87e1352.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

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Annexure A
| Sr. No. | Particulars | Details | |
|---|---|---|---|
| 1. | Nameof the target entity,detailsinbrief such as size, turnover etc. | Name: Arvind Advanced Materials Limited(AAML) | |
| Size & Turnover:of AAMLTurnover(FY 2023-24)is 95.34Crores.ShareUpCapitaldatePaidonasisRs. 1,14,290/-. | |||
| 2. | Whetherwouldacquisitionthewhetherpromoter/thecompaniesgroup/grouphaveanyinteresttheinnaturedetails andof interestandIf yes,the same is done accountsthereof and whetherat "arm's length". | fall Thetransactionsubscriptioninvolvesofwithin related party transaction(s) and equity shares of AAML, which is an existingpromoter wholly owned subsidiaryof the Company.holding companyentity being acquired? Transactions between aownedwhosewhollysubsidiaryitsconsolidatedwithsucharecompanyexemptfromholdingare | |
| approval under related party transactions.promoter /promotergroup / groupThecompanies of ArvindLimited do not haveany interest in AAML. | |||
| 3. | whichIndustrytheentitytoacquired belongs | being The Company is engagedin the business ofmanufacturingadvancedsupplyandofmaterials. | |
| 4. | impactObjectsandof(includinglimitedbutnotdisclosure of reasons for acquisition oftarget entity, if its business is outsidethe main line of business of the listedentity) | acquisition For repayment of loans and generalto, corporate purposes. | |
| 5. | governmentalBrief detailsof anyregulatory approvals required for theacquisition | or Not Applicable |

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| 6. | Indicative time period for completion On or before 19t December, 2024 | |||
|---|---|---|---|---|
| of the acquisition | ||||
| 7. | whetherConsideration- | cash Cash Consideration | ||
| swapconsiderationshareanyoror | ||||
| other form and details of the same | ||||
| 8. | andCost of acquisition/ or the price at Cost | 24,98,85,710/-of AcquisitionRs.is | ||
| which the shares are acquired | (TwentyCroresNinetyFourLakhsEight | |||
| Eighty Five Thousand SevenHundred and | ||||
| Ten Only). | ||||
| 9. | Percentage | of shareholding / control There will be no change in the Company's | ||
| acquiredand/ or | number of shares Shareholding percentage in AAML. Arvind | |||
| acquired | 100%continueLimitedholdshallto | |||
| (together with nominees) in the AAML. | ||||
| 10. | backgroundabouttheentityBrief | AAMLincorporatedwasunderthe | ||
| products / linetermsacquiredofin | 24 Companies Act, 2013November,on | |||
| businessacquired,dateof | of 2015. | |||
| incorporation,history of last 3 years | ||||
| countryturnover,whichin | the The Turnover of AAML for last 3 yearsis | |||
| 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 ofAAML: India |
