Arvind Ltd. — Capital/Financing Update 2024

Jun 13, 2024

13th June, 2024

BSE Limited
Listing Dept. / Dept. of Corporate Services,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001.

Security Code: 500101 Security ID: ARVIND

National Stock Exchange of India Limited

Listing Dept., Exchange Plaza, 5th Floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Symbol: ARVIND

Dear Sir/Madam,

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Grant of Stock Options under Employees Stock Option Scheme - 2021

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Nomination and Remuneration Committee (NRC) of the Board of Directors of the Company by passing circular resolution on 13th June, 2024, has granted 1,20,000 (One Lakh Twenty Thousand) stock options to the eligible Employees of the Company under "Grant – June 2024" pursuant to Employees Stock Option Scheme - 2021.

Details as required to be disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are enclosed as "Annexure-I".

Kindly take the same on records.

Thanking you

Yours faithfully,

For Arvind Limited KRUNAL DEVENDRAK UMAR Digitally signed by KRUNAL DEVENDRAKUMAR BHATT

Krunal Bhatt Company Secretary BHATT 17:18:42 +05'30'

Date: 2024.06.13

Annexure I

Sr. no.	Particulars	Details
1	Brief details of options granted	1,20,000 stock options granted under Employees Stock
		Option Scheme – 2021 as determined by NRC.
2	Whether the scheme is in terms of SEBI (SBEB)	Yes, the scheme is in compliance with the Securities and
	Regulations, 2021 (if applicable)	Exchange Board of India (Share Based Employee Benefits
		andSweatEquity)Regulations,2021(SEBISBEB
		Regulations, 2021)
3	Total number of shares covered by theseoptions	1,20,000 equity shares of Rs. 10 /- each
4	Pricing formula/Exercise Price	Exercise Price per share is Rs. 10/- each.
		The grant of stock options is made in lieu of cash
		compensation based on achievement of key performance
		indicators.
5	Options vested/ Vesting Schedule	The Options shall vest as under:
		No. of stock options	Vesting Date
		25% of the Option Granted	30th June 2025
		25% of the Option Granted	30th June 2026
		50% of the Option Granted	30th June 2027
6	Time within which option may be exercised	3 years from the date of vesting of stock option.
7	Options exercised
8	Money realized by exercise of options
9	The total number of shares arising as a result of
	exercise of option
10	Options lapsed	NA
11	Variation of terms of options
12	Brief details of significant terms
13	Subsequent changes or cancellation or exercise
	of such options;
14	Diluted earnings per share pursuant to issue of
	equity shares on exercise of options