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Arvind Ltd. Capital/Financing Update 2025

Feb 21, 2025

59174_rns_2025-02-21_da2c2c79-e44d-4379-a35f-ca9926464017.pdf

Capital/Financing Update

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21[st] February, 2025

National Stock Exchange of India Limited Listing Dept., Exchange Plaza, 5[th] Floor Plot No. C/1, G. Block Bandra-Kurla Complex Bandra (E) Mumbai - 400051

BSE Limited

Listing Dept./ Dept. of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

Security Code : 500101 Security ID : ARVIND

Symbol : ARVIND

Dear Sir/Madam

Sub: Intimation of acquisition under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015

With reference to above, we hereby inform that Arvind Limited (“Company”) and Purfi Global LLC have acquired initial equity stake of Rs.10 Lacs in the joint venture company viz. Purfi Arvind Manufacturing India Private Limited in the ratio of 10:90 respectively as per the agreed terms.

Disclosure with respect to acquisition of 10,000 equity shares of Rs. 10/- each (10%) of Joint Venture Company by the Company as per SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November, 2024 is enclosed herewith as Annexure –A.

Kindly take the same on records.

Thanking You

Yours faithfully For Arvind Limited

KRUNAL Digitally signed by KRUNAL DEVENDRAKUM DEVENDRAKUMAR BHATT Date: 2025.02.21 15:23:56 AR BHATT +05'30' Krunal Bhatt Company Secretary

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Annexure A:

Sr. No. Particulars Details
1. Name of the target entity, details inbrief such as size, turnover etc. Name: Purfi Arvind Manufacturing IndiaPrivate Limited (PAMI)Size & Turnover:Turnover of PAMI - NA.
Paid Up Share Capital as on date isRs.10,00,000/-
2. Whether the acquisition would fallwithin related party transaction(s)andwhetherthepromoter/promoter group/ group companies The acquisition is a related partytransaction and it is done at arm’s length.The promoter / promoter group / group
have any interest in the entitybeing acquired? If yes, nature ofinterest and details thereof andwhether the same is done at “arm’slength”. companies of Arvind Limited do not haveany interest in PAMI.
3. Industry to which the entity beingacquired belongs Textiles
4. Objects and impact of acquisition(includingbutnotlimitedto,disclosure of reasons for acquisitionof target entity, if its business isoutside the main line of business ofthe listed entity) Rejuvenation of textile waste material
5. Brief details of any governmental Not Applicable
or regulatory approvals requiredfor the acquisition
6. Indicativetimeperiodforcompletion of the acquisition On or before 21stFebruary, 2025
7. Consideration-whethercashconsideration or share swap or anyother form and details of the same Cash Consideration
8. Cost of acquisition and / or the priceat which the shares are acquired Cost of Acquisition is Rs.1,00,000/-
9. Percentage of shareholding / controlacquired and / or number of sharesacquired 10% (10,000 equity shares of Rs.10/-each)
10. Brief background about the entity PAMI was incorporated under the th
acquired in terms of products / lineof business acquired, date ofincorporation, history of last 3 yearsturnover, country in which theacquired entity has presence and anyother significant information Companies Act, 2013 on 29October,2024 and it is yet to start commercialoperations.