NSEMonitoring Agency Report3d ago · 28 Oct 2026, 02:30 pm

Monitoring Agency Report

Arvind Limited · ARVIND

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Arvind Limited has submitted a Monitoring Agency Report for the quarter ended September 30, 2026, in relation to the QIP issue of Rs. 500.00 crore. The report confirms that all the proceeds from the QIP have been utilized appropriately for the objects of the issue.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Monitoring Agency Report for the Quarter Ended on 30th September, 2026

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ARVIND1_28102026142951_Arvind.pdf

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L ArVIOD www.arvind.com Ref. No. AL/SECT/2026-27/81 October 28, 2026 BSE Limited Na(cid:415)onal Stock Exchange of India Ltd. Lis(cid:415)ng Dept. / Dept. of Corporate Services, Lis(cid:415)ng Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Security Code : 500101 Symbol : ARVIND Security ID : ARVIND Dear Sir / Madam, Sub: Monitoring Agency Report for the quarter ended September 30, 2026 Pursuant to Regula(cid:415)on 32 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI Lis(cid:415)ng Regula(cid:415)ons”), read with Regula(cid:415)on 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regula(cid:415)ons, 2018, we are enclosing herewith the Monitoring Agency Report dated October 28, 2026 issued by CARE Ra(cid:415)ngs Limited, for the quarter ended September 30, 2026, in respect of u(cid:415)liza(cid:415)on of proceeds of the Qualified Ins(cid:415)tu(cid:415)ons Placement (QIP) of the Company. Copy of the Report is also being made available on the Company's website at www.arvind.com. Kindly take the same on record. Thanking you, Yours faithfully, For Arvind Limited Pritesh Shah Company Secretary Encl. - As above REGISTERED OFFICE: Arvind Limited Naroda Road, Ahmedabad -382 345, Gujarat, India. Phone: +91 79 6826 8000 I Email: info(qarvind.in CIN: L 17119GJ1931 PLC000093 Moni t oring Agency Report CareEdge RATINGS No. CARE/ARO/GEN/2026-27/1198 The Board of Directors Arvind Limited Arvind Mill Premises, Naroda Road, Gujarat, Ahmedabad, India - 380025 October 28, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the QIP of Arvind Limited (“the Company”) We write in our capacity of Monitoring Agency for the QIP Issue for the amount aggregating to Rs. 500.00 crore of the Company and refer to our duties cast under 173A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended September 30,2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated July 31,2026. Request you to kindly take the same on records. Thanking you, Yours faithfully, Dhruv Shah Assistant Director dhruv.shah@careedge.in Report of the Monitoring Agency Name of the issuer: Arvind Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Not Applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility whatsoever for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Dhruv Shah Designation of Authorized person/Signing Authority: Assistant Director 1) Issuer Details: Name of the issuer : Arvind Limited Name of the promoter : Sanjaybhai Shrenikbhai Lalbhai (individually and as a trustee of Discretionary Trust), Jayshreeben Sanjaybhai Lalbhai, Punit Sanjay Lalbhai and Aura Securities Private Limited Industry/sector to which it belongs : Textile industry 2) Issue Details Issue Period : August 03, 2026 to August 05, 2026 Type of issue (public/rights) : QIP Type of specified securities : Equity Shares IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 500.00 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for preparation Monitoring Agency Board of of report Directors Placement document/Bank Statement/ Whether all utilization is as per the disclosures in All the proceeds from QIP have been utilized appropriately for Yes Invoices/ CA certificate* and No comments the Offer Document? the objectives mentioned in the offer document Management certificate Whether shareholder approval has been obtained Not Management Certificate and CA in case of material deviations# from expenditures No deviation has been observed. No comments applicable certificate disclosed in the Offer Document? Whether the means of finance for the disclosed Management Certificate and CA There has been no change in means of finance for the No No comments objects of the issue have changed? certificate disclosed objects of the issue Is there any major deviation observed over the Not Not applicable Not applicable No comments earlier monitoring agency reports? applicable Whether all Government/statutory approvals Not Management Certificate and CA Not applicable No comments related to the object(s) have been obtained? applicable certificate Whether all arrangements pertaining to technical Not Management Certificate and CA Not applicable No comments assistance/collaboration are in operation? applicable certificate Are there any favorable/unfavorable events Management Certificate and CA No - No comments affecting the viability of these object(s)? certificate Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for preparation Monitoring Agency Board of of report Directors Is there any other relevant information that may Management Certificate and CA materially affect the decision making of the No - No comments certificate investors? *CA certificate dated October 24,2026 from Sorab S. Engineer & co. #Where material deviation may be defined to mean: a) Deviation in the objects or purposes for which the funds have been raised b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer documents. 4) Details of objects to be monitored: (i) Cost of objects – Original cost Comments of the Board of Directors Source of information / Comments (as per the Revised Particulars Sr. Item certifications considered of the Reason Proposed Offer Cost of -firm No Head by [Showing first 8,000 characters — download PDF for full document]