Arvind Ltd

Arvind Recommends Dividend Of Rs 1.65 per share The board of Arvind in its meeting held on 16 May 2013 has recommended dividend of 16.5% (Rs 1.65) per equity share of Rs 10 each for the year ended 31 March 2013.

Arvind - Board to consider Dividend On 16 May 2013 The board meeting of Arvind will be held on 16 May 2013, to consider the audited financial results and recommend dividend for the financial year ended 31 March 2013.

Arvind`s subsidiary enters agreement for licenses of Hanes and Wonderbra Trademarks in India Acquires Hanes brands India operations Arvind Lifestyle Brands, a subsidiary of Arvind, one of the largest players in the apparel brands and retail space, today (11 February 2013) announced an agreement to market and sell basic and intimate apparel in India under the Hanes and Wonder brands, two of the largest and well-known global apparel brands, under a licensing agreement with U.S. based Hanesbrands Inc. The transaction signals the entry of Arvind into the highly lucrative branded apparel essentials segment. The 100-year-old Hanes brand is the no.1 apparel brand in the United States and offers comfortable, high- quality underwear, intimates, casualwear, hosiery and socks. A leader in innovation, Hanes is responsible for bringing to the industry creative ideas like Tagless tees, Comfortsoft waistbands and EZ Sort socks. Arvind plans to increase the current number of Hanes points of sales in India from 5,000 to 15,000 in the next 3 years. In the women`s intimates segment world famous Wonderbra brand of intimates which is known to empower women by making them feel sexy and confident, is expected to be a lead brand. The Wonderbra brand offers women a complete line of bras and lingerie.

Arvind`s arm signs long term licensing agreement with Iconix Lifestyle India Arvind Lifestyle Brands, a subsidiary of Arvind has signed a long term licensing agreement with Iconix Lifestyle India, a joint venture (JV) between Iconix Brand Group, USA and Reliance Brands for Ed Hardy. Ed Hardy is the alternative lifestyle fashion brand that celebrates the classic American tattoo as an art form across apparel and accessories. Arvind Lifestyle Brands one of the largest players in the apparel brands and retail space in India, with a portfolio of 13 international brands & retail concepts and 12 own brands, will hold the exclusive multi-year license to manufacture and distribute Ed Hardy apparel and accessories throughout India. Ed Hardy is projected to launch in India during Autumn/Winter 2013 with a new global product and price strategy. The company made this announcement after the trading hours on 07 February 2013.

Arvind to bring iconic Surfwear Brand Billabong to India Arvind Lifestyle Brands, a subsidiary of Arvind has announced the signing of an exclusive distribution agreement with the iconic surf lifestyle brand Billabong in India. Arvind will market Billabong`s products through open stand-alone stores, as well as shop in shops in department stores & leading multibrand stores. In turn, Billabong will leverage Arvind`s significant expertise in building international brands in India to enhance its iconic status and presence in this important emerging market. All of which will help Arvind further augment its category leadership in the retail space through its truly robust multi-brand, multi-price and multi-channel strategy. The company made this announcement during the trading hours today, 12 December 2012.

Arvind acquires Debenhams, Nautica and Next business in India Arvind Lifestyle Brands, a subsidiary of Arvind has announced the acquisition of the business operations of British fashion retailers Debenhams, Next and American lifestyle brand Nautica in India from Planet Retail. The company made this announcement during the trading hours today, 27 September 2012.

G M Yadwadkar ceases as director of Arvind With effect from 01 August 2012 Arvind has announced that IDBI Bank has withdrawn the nomination of G M Yadwadkar from the board of the company with effect from 01 August 2012.

Arvind appoints executive directors The board of Arvind in its meeting on 26 July 2012 has appointed Punit Lalbhai and Kulin Lalbhai as executive directors of the company.

Arvind recommends dividend Of 10% The board of Arvind in its meeting on 09 May 2012 has recommended dividend at the rate of Re 1 per share (10%).

Arvind to announce financial results Board meeting on 09 May 2012 The board meeting of Arvind will be held on 09 May 2012 to consider and approve the audited financial results of the company for the financial year ended on 31 March 2012 and recommendation of dividend, if any.

Arvind allots equity shares The board of Arvind in its meeting on 25 April 2012 has allotted 34,10,528 equity shares of Rs 10 each fully paid up of the company to the shareholders of erstwhile Arvind Products, pursuant to the scheme of arrangement.

Arvind and PD Fiber Glass Group join hands Announces a joint venture for manufacturing glass fabrics in India Textile major Arvind announced the formation of a joint venture with the Germany based PD Fiber Glass Group for the manufacture of glass fabrics in India, The venture will cater to the requirements of a cross section of industries like automobiles & transportation, wind energy, aerospace, ship building & infrastructure etc. Furthermore, India is making rapid strides in wind energy by becoming the 4th largest player in the world and is also fast becoming a hub for automobile manufacturers. These three sectors - wind energy, automotive & infrastructure - are likely to lead the growth of the glass fabric market in India. The joint venture, Arvind PD Glass Composites Pvt Ltd, will have a 51:49 equity participation from Arvind and PD Group respectively. A total investment of Rs 80 crore in a span of 5 years is planned for this initiative. The setup will manufacture 30,000 MT/year of glass fabrics. The new facility will manufacture woven, bi-axial and multi-axial glass fabrics along with stitched and chopped mat-glass fabrics. A large part of the new company`s output will be marketed overseas. India currently is a small market for glass fabrics, but as the Indian aerospace, auto and wind energy sectors grows; the demand is likely to increase considerably. The company made this announcement on 14 December 2011.

Arvind allots equity shares Under ESOS The committee of Arvind in its meeting on 29 November 2011 has allotted 72,500 equity shares of Rs 10 each pursuant to exercise of stock options by eligible employees under the Employee Stock Option Scheme 2008 of the company.

Arvind divests its stake in VF Arvind Brands For Rs 257 crore Arvind has divested its 40% minority stake in VF Arvind Brands to VF Mauritius for Rs 257 crore in terms of the joint venture agreement.

Arvind`s board approves scheme of arrangement On 20 May 2011 The board of Arvind in its meeting on 20 May 2011 has approved the scheme of arrangement between Arvind, Arvind Products and Asman Investments in the nature of amalgamation of Arvind Products with Arvind and de-merger of investment division of Asman Investments in Arvind.

Arvind to consider dividend Board meeting on 20 May 2011 The board meeting of Arvind will be held on 20 May 2011 to consider and approve the audited financial results of the company for the financial year ended 31 March 2011 and to consider recommendation of dividend, if any.

Arvind appoints nominee director With effect from 29 April 2011 Arvind has announced that EXIM Bank has appointed Prabhakar Dalal as its nominee director on the board of the company with effect from 29 April 2011 in place of R W Khanna.

Arvind allots equity shares Under ESOS The committee of Arvind in its meeting on 28 April 2011 has allotted 1,60,000 equity shares of Rs 10 each, pursuant to exercise of stock options by eligible employees under the Employee Stock Option Scheme 2008 of the company.

Arvind grants stock options Under ESOS The committee of Arvind on 21 April 2011 has granted 2 lakh stock options to certain eligible employees of the company under Grant- April 2011, pursuant to Arvind ESOS 2008.

Arvind allots equity shares Under ESOS The management committee of Arvind in its meeting on 15 December 2010 has allotted 5,70,000 equity shares of Rs 10 each pursuant to exercise of stock options by eligible employees under the Employee Stock Option Scheme 2008 of the company. The committee has allotted 1,88,50,000 equity shares of Rs 10 each at a Premium of Rs 5 per share on conversion of 1,88,50,000 warrants issued on preferential allotment basis to Anukul Investments Pvt Ltd.

Arvind appoints director With effect from 28 October 2010 Arvind has appointed Renuka Ramnath as director on the of the company with effect from 28 October 2010.

Arvind allots equity shares Under ESOS The committee of Arvind in its meeting on 27 September 2010 has allotted 18,02,500 equity shares of Rs. 10 each pursuant to exercise of stock options by eligible employees and director under the Employee Stock Option Scheme 2008 of the company. Further, the committee has allotted 12,00,000 equity shares of Rs. 10 each on conversion of 12,00,000 warrants issued on preferential allotment basis to Anukul Investments.

Arvind is setting up Denim plant in Bangladesh Arvind is expanding its denim manufacturing capacity to 140 million meters by setting up 30 million meters of denim manufacturing plant in Bangladesh. For this purpose, Arvind is entering in joint venture with Nitol group of Bangladesh. Arvind shall be setting up 30 million meters of denim manufacturing capacity over a period of 3 years with total investment of US$ 60 million. The phase I of 10 million meters shall be set up over next 12 months with an investment of about US$ 25 million. The company made this announcement before the trading hours today, 27 September 2010.

Arvind appoints additional director With immediate effect Arvind has appointed Bakul H. Dholakia as additional director on the board of the company with immediate effect.

Arvind's director passed away On 18 July 2010 Arvind has announced that Tarun Sheth, director of the company has passed away on 18 July 2010.

Arvind to form a joint venture to develop a large residential project Wtih B. Safal group Arvind has announced its plans to form a 50:50 joint venture (JV) with B. Safal group. The JV will develop about 1 million sq feet of residential complex in 1/3rd of the area of Ashoka Cotsyn, a division of Arvind situated at Khokhra, Ahmedabad. When fully developed, the project will be worth Rs. 225 crore. The company made this announcement during the trading hours today, 28 June 2010.

Arvind to consider dividend Board meeting on 29 May 2010 The board meeting of Arvind will be held on 29 May 2010 to consider and approve the audited annual accounts of the company for the financial year ended 31 March 2010 and to recommend dividend, if any.