Target Entity: Arvind Global Capability Center Private Limited (GCC)
Type of Deal: Acquisition of minority stake (15%)
Stake/Capacity: 1,500 equity shares of ₹10 each, constituting 15% of the total paid-up share capital
Deal Value: Total consideration of ₹15,000 paid in cash
Funding Source: Cash consideration from internal resources
Financial Impact: Not disclosed. The target entity is newly incorporated (1st April, 2026) with nil turnover and no historical financials.
Timeline: Expected to be completed within one month from the date of board approval (5th November, 2026)
Strategic Rationale: The acquisition enables GCC to provide centralized business support and shared services to group entities, including technology, finance, human resources, procurement, analytics, compliance, and other enterprise support functions.
Approval Status: Board-approved on 5th November, 2026. No governmental or regulatory approvals required.
Additional Details:
This constitutes a related party transaction as promoters have interest in GCC through their shareholding
The transaction was undertaken on an arm's length basis based on an independent valuation report
Target entity industry: Consultancy Business and Management Services
Country of operation: India
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 30)