VARVEE GLOBAL LIMITED — Capital/Financing Update 2025

May 17, 2025

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Date: 17[th] Ma y , 2025

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001

Scrip Code: 514274

To, National Stock Exchange of India Limited - Bandra Kurla Complex, C 1, Block G, Bandra (East), Mumbai 400 051 Scrip Symbol: AARVEEDEN

Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI LODR Regulations”),

Re: Circular Resolution dated 17[th] May, 2025 w.r.t. allotment of Equity Shares on Preferential Basis.

Dear Sir/Madam,

In continuation to our letter dated January 30, 2025, February 5 and 2025, February 19, 2025 and pursuant to the approval of the Members of the Company dated March 1, 2025 and in accordance with Regulation 30 and other applicable provisions of the SEBI LODR Regulations and in-principle approval from National Stock Exchange of India Limited dated April 23, 2025 and BSE Limited dated May 6, 2025, we wish to inform you that the Board of Directors of the Company vide Circular Resolution passed on 17[th] May, 2025 has inter alia approved the allotment of 23,04,539 (Twenty Three Lakhs Four Thousands Five Hundred Thirty Nine) equity shares (“Equity Shares”) at an issue price of ₹134.66/- (Rupees One Hundred Thirty Four and Paise Sixty Six only) (including a premium of ₹124.66/-) per equity share on a preferential basis to the allotees as mentioned in Annexure I.

Further, the securities allotted on preferential basis shall be subject to such lock-in restriction as prescribed under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The information in connection with the allotment of securities pursuant to Regulation 30 of the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure II .

The above-said resolution was circulated to Board of Directors on 15.05.2025 and it is approved by requisite majority of Board of Directors on 17.05.2025.

The aforesaid intimation is also being hosted on the website of the Company www.aarveedenims.com .

Kindly take on record the same.

Yours sincerely,

For, Aarvee Denims and Exports Limited

VINOD PARMANAND Digitally signed by VINOD PARMANAND ARORA ARORA Date: 2025.05.17 15:30:14 +05'30'

Vinod Parmanand Arora

Managing Director Din: 00007065

Encl.: As above.

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Annexure I

Name of the Allottee’s	Cateor	Euit Shares allotted
	gy	qy
Yashwant Amratlal Thakkar	Public	5,19,828
SandeepSingh	Public	1,85,653
VPK Global Ventures Fund Scheme I	Public	1,70,800
Benani Capital Scheme I	Public	1,48,522
INDU BALA JAIN	Public	1,48,522
GUNJAN	Public	92,826
MANSI MUKESH JAIN	Public	74,261
Agrawal Naman	Public	37,130
Amogh Alok Chaturvedi	Public	37,130
Sojitra Kirit Arjanbhai HUF	Public	37,130
Vedant Pawan Agrawal	Public	37,130
Varun Kabra	Public	2,22,783
KOMALAY INVESTRADE PRIVATE LIMITED	Public	1,48,522
Meghavi Chetan Agrawal	Public	37,130
Shah Savitaben R	Public	74,261
Priti Mahesh Shah	Public	45,000
Care Wealth Advisors LLP	Public	74,261
Seema Girishkumar Shah	Public	28,000
Brinda Parth Shah	Public	37,130
Agrawal Nilay	Public	37,130
Truvito Corporate Advisors LLP	Public	37,130
KAMLESH P. SHAH HUF	Public	37,130
Pushpadevi S.Agrawal	Public	37,130
Total		23,04,539

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Annexure II

DISCLOSURE PURSUANT TO PARAGRAPH 2 OF PART A, SCHEDULE III OF THE SEBI LODR REGULATIONS READ WITH THE SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 DATED JULY 13, 2023.

Preferential Issue (Disclosure post allotment of Securities):

Sr. No.
	Particulars	Details of Securities
1.	Type of Securities	EquityShares
2.	Type of Issuance	Preferential Issue in accordance with Chapter V of the SEBI ICDR Regulations and other applicable laws
3.	Total number of Securities proposed to be issued or the total amount for which the Securities will be issued	23,04,539 (Twenty Three Lakhs Four Thousands Five Hundred Thirty Nine) equity shares at an issue price of ₹134.66/- (Rupees One Hundred Thirty Four and Paise Sixty Six only) (including a premium of ₹124.66/-) per equity share aggregating toRs. 31,03,29,221.74/- (Rupees Thirty One Crores Three Lakhs Twenty Nine Thousands Two Hundred Twenty One and Seventy Four Paisa only)
	In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s):
**i. **	Name of the Investors	Asper Annexure I
**ii. **	Post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles),	Not applicable
**iii. **	Number of investors;	23
**iv. **	In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument;	Not Applicable

For, Aarvee Denims and Exports Limited

VINOD Digitally signed by VINOD PARMANAND ARORA PARMANAND Date: 2025.05.17 15:30:28 ARORA +05'30'

Vinod Parmanand Arora Managing Director Din: 00007065