$ARVIND

ARVIND: BOARD APPROVES FUND RAISE OF UP TO ₹600 CR 💰📈 • 🏦 Board approved raising up to ₹600 crore through QIP or other permissible modes, subject to shareholder and regulatory approvals • 📄 The fund raise may include equity shares, convertible securities, preference shares, debentures, ADRs, GDRs, FCCBs or other eligible instruments, in one or more tranches • 👨‍💼 The Board has authorised the Finance Committee to decide the timing, pricing and other terms of the issuance • 🗳️ Approved the Postal Ballot process to seek shareholders' approval for the proposed fund raise • 🚀 The proposed capital raise is intended to strengthen the company's financial flexibility and support future growth initiatives 🟢 Impact: Neutral (While the fund raise enhances financial flexibility for future growth, it may also result in equity dilution depending on the mode and pricing of issuance.)