November 26, 2022

To,

To,

BSE Ltd.

National Stock Exchange of India Ltd.

Listing Dept. / Dept. of Corporate Services

Listing Dept., Exchange Plaza, 5th Floor

Phiroze Jeejeebhoy Towers

Plot No. C/1, G. Block

Dalal Street

Bandra-Kurla Complex

Mumbai - 400 001

Bandra (E)

Mumbai - 400 051

Security Code : 500 101

Security ID : ARVIND

Symbol : ARVIND

Dear Sir/Madam,

Sub: Intimation for Incorporation of a Wholly Owned Subsidiary ('WOS')

With reference to the captioned subject, we would like to inform you that the Company has incorporated Arvind Technical Products Private Limited, wholly owned subsidiary on November 25, 2022. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are as under:-

Sr.

Particulars

Details

no.

a)

Name of the target entity, details in

Name of the Company: Arvind Technical Products

brief such as size, turnover etc.

Private Limited

Authorised Capital: Rs. 10,00,000/- (1,00,000 Equity

shares of Rs. 10/- each)

Paid up capital: Rs. 1,00,000/- (10,000 Equity shares

of Rs. 10/- each)

Turnover: Nil (yet to commence business

operations)

b)

Whether the acquisition would fall

No

within related party transaction(s)

and whether

the

promoter/

promoter group/ group companies

have any interest in the entity being

acquired? If yes, nature of interest

and details thereof and whether the

same is done at "arm's length"

c)

Industry to which the entity being

Arvind Technical Products Private Limited shall carry

acquired belongs

on the business of manufacturing and marketing of

textile products.

d)

Objects and effects of acquisition

The wholly owned subsidiary has been incorporated

(including but not limited to,

to meet the prerequisite for participation in

disclosure of reasons for acquisition

Production Linked Incentive (PLI) scheme for

of target entity,

if its

business is

textiles.

outside the main line of business of the listed entity)

e)

Brief details of any governmental or

No

regulatory

approvals

required

for

the acquisition

f)

Indicative

time

period

for

NA

completion of the acquisition

g)

Nature of consideration -

Subscription in Cash

whether cash consideration

or

share swap and details of the same;

h)

Cost of acquisition or the price at

Rs. 1,00,000/- (10,000 equity shares of Rs. 10/- each)

which the shares are acquired

subscribed

i)

Percentage

of

shareholding/

100%

control acquired and / or number of shares acquired

  1. Brief background about the entity Arvind Technical Products Private Limited is

acquired in terms of products/line

incorporated in India and registered with Registrar

of business acquired, date of

of Companies, Gujarat at Ahmedabad on November

incorporation, history of last 3 years

25, 2022.

turnover, country in which the

acquired entity has presence and

any other significant information (in

brief)

Kindly take the same on your records.

Thanking You,

Yours faithfully,

For, Arvind Limited

R.V. Bhimani

Company Secretary

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Arvind Limited published this content on 26 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2022 11:54:01 UTC.