As on :
05-Aug-26 22:00
Arvind Limited announced that its Finance Committee has approved the allotment of 99,00,990 equity shares to eligible Qualified Institutional Buyers at an issue price of Rs 505.00 per share, raising Rs 500 crore through a Qualified Institutions Placement (QIP). The company's paid-up equity share capital increased from Rs 2,62,13,96,400 to Rs 2,72,04,06,300 following the allotment, and a list of allottees who received more than 5% of the shares is attached as Annexure A, including SBI Life Insurance Co. Ltd, Nippon Life India Trustee Ltd, and Aditya Birla Sun Life Mutual Fund.
