Arvind Ltd's step-down US subsidiary, Arvind Advanced Materials US Bidco LLC, has been formally merged into Dalco GF Technologies LLC.
The merger, completed for a cash consideration of USD 85.40 million, was executed for internal group structuring purposes within the technical textiles business.
A Certificate of Merger was received from the Delaware Secretary of State on May 07, 2026, making Dalco a wholly owned step-down subsidiary.
This intimation is a regulatory disclosure pursuant to SEBI LODR Regulations, confirming the completion of the internal restructuring.