Key Quantitative Figures
- Total Shares Allotted: 99,00,990 Equity Shares
- Face Value: ₹10 per Equity Share
- Issue Price: ₹505.00 per Equity Share
- Share Premium: ₹495.00 per Equity Share
- Floor Price: ₹518.58 per Equity Share
- Discount: 2.62% (₹13.58 per Equity Share)
- Total Issue Proceeds: ₹499.999995 Crores (calculated as 99,00,990 shares * ₹505.00/share)
Dates of Action
- QIP Opening Date: August 3, 2026
- Finance Committee Meeting Date: August 5, 2026
- Meeting Commencement Time: 05:30 p.m.
- Meeting Conclusion Time: 06:30 p.m.
- Issue Period Closure Date: August 5, 2026
- Placement Document Date: August 5, 2026
Parties Involved
- Issuer: Arvind Limited
- Recipients: Qualified Institutional Buyers (QIBs)
- Regulatory Authorities: Securities and Exchange Board of India (SEBI), National Stock Exchange of India Limited (NSE), BSE Limited
- Company Representative: Pritesh Shah, Company Secretary
Purpose & Regulatory References
The QIP was conducted to raise capital. The issuance was undertaken under the provisions of:
- Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations), specifically referencing Regulation 176(1) for the discount to the floor price.
- Sections 42 and 62 of the Companies Act, 2013.
The disclosure is made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Committee Resolutions & Actions
The Finance Committee passed the following resolutions at its meeting on August 5, 2026:
1. Approved the closure of the QIP issue period on August 5, 2026, following the receipt of application forms and funds from QIBs into the company's escrow account.
2. Determined and approved the final allocation of 99,00,990 Equity Shares to eligible QIBs at the issue price of ₹505.00 per share.
3. Approved the finalization of a confirmation of allocation note to be sent to the allotted QIBs.
4. Approved and adopted the Placement Document dated August 5, 2026, prepared in connection with the QIP.
Next Steps
A copy of the Placement Document will be filed with the stock exchanges. The document has also been made available on the company's website at www.arvind.com.