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Arvind Limited’s Qualified Institutions Placement concluded with allocation of shares to eligible QIBs
05-Aug-2026, 08:41
Arvind Limited has closed its Qualified Institutions Placement (QIP) after receiving applications from eligible Qualified Institutional Buyers (QIBs), the company said in a filing on August 5, 2026. The Finance Committee approved the allocation of 99,00,990 equity shares at an issue price of Rs 505.00 per share, including a discount of Rs 13.58 on the floor price of Rs 518.58, and finalized the allocation note for eligible QIBs.
Arvind Limited has closed its Qualified Institutions Placement (QIP) after receiving applications from eligible Qualified Institutional Buyers (QIBs), the company said in a filing on August 5, 2026. The Finance Committee approved the allocation of 99,00,990 equity shares at an issue price of Rs 505.00 per share, including a discount of Rs 13.58 on the floor price of Rs 518.58, and finalized the allocation note for eligible QIBs.