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Arvind Limited secures Finance Committee approval to launch a qualified institutions placement
03-Aug-2026, 08:47
Arvind Limited has received approval from its Finance Committee to launch a qualified institutions placement (QIP) of equity shares with a floor price of Rs 518.58 per share, according to a regulatory filing on August 3, 2026. The QIP is being conducted under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 42 and 62 of the Companies Act, 2013, and may include a discount of up to 5% on the floor price at the company’s discretion.
Arvind Limited has received approval from its Finance Committee to launch a qualified institutions placement (QIP) of equity shares with a floor price of Rs 518.58 per share, according to a regulatory filing on August 3, 2026. The QIP is being conducted under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 42 and 62 of the Companies Act, 2013, and may include a discount of up to 5% on the floor price at the company’s discretion.