General Updates

Ref. No. AL/SECT/2026-27/58 August 25, 2026 To, To, BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Dept., Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G. Block Dalal Street Bandra-Kurla Complex Mumbai - 400001 Bandra (E), Mumbai - 400051 Security Code : 500101 Symbol : ARVIND Security ID : ARVIND Dear Sir / Madam, Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 With reference to our earlier disclosure dated May 12, 2025, we would like to inform that the Power Transfer Agreement ("PTA") and Share Subscription and Shareholders Agreement ("SSHA") dated May 12, 2025 entered into with Torrent Urja 28 Private Limited (“TU28”) by Arvind Limited (the “Company”) for supply of hybrid renewable power has been terminated by the Parties through mutual agreement on and with effect from August 25, 2026 due to reallocation of the capacity. No equity infusion or subscription towards equity shares of the TU28 has been made by the Company as on the date of this disclosure. Accordingly, the Company does not hold any equity participation in the TU28 pursuant to the said transaction. Further, pursuant to the reallocation of renewable power generation capacity, the Company has entered into separate Power Transfer Agreement ("PTA") and Share Subscription and Shareholders' Agreement ("SSHA") with Torrent Urja 12 Private Limited ("TU12") and Torrent Urja 21 Private Limited ("TU21") for procurement of renewable power by acquiring 13.30% equity share capital and 26.60% equity share capital respectively. Information regarding the aforesaid was received by the Company on August 25, 2026 at 05:00 PM. The details as required under LODR Regulations read with SEBI Master Circular bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure A. You are requested to kindly take the above information on record. Thanking you Yours faithfully, For, Arvind Limited Pritesh Shah Company Secretary Encl.: As above ANNEXURE – A A. TORRENT URJA 12 PRIVATE LIMITED (“TU12”) No. Particulars Details 1 Name of the target entity, details in brief Torrent Urja 12 Private Limited (“TU12”), is an Indian such as size, turnover etc.; Company, incorporated on April 18, 2023, and is a generating company as defined in Section 2(28) of the Electricity Act, 2003 to set up a Hybrid Power Project in Gujarat. (Turnover: NIL) 2 Whether the acquisition would fall within The transaction does not fall within the purview of related party transaction(s) and whether the related party transactions. The promoter / promoter promoter/ promoter group/ group group / group companies of the Company do not have companies have any interest in the entity any interest in the entity (TU12) whose Equity shares are being acquired? If yes, nature of interest and being acquired/ subscribed. details thereof and whether the same is done at “arm’s length”; 3 Industry to which the entity being acquired Generation and transmission of Solar & Wind Hybrid belongs; energy and other sources of renewable energy. 4 Objects and effects of acquisition (including The Company wishes to offtake the Contracted Quantity but not limited to, disclosure of reasons for of Electricity generated from the Project as a Captive acquisition of target entity, if its business is User in Gujarat in view of significant outside the main line of business of the listed financial/commercial benefits. entity); 5 Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; 6 Indicative time period for completion of the The Company along with other User members proposes acquisition; to subscribe to equity shares of TU12, in one or more tranches, for an aggregate amount of up to Rs.6.93 crores, representing minimum 26.6% equity of TU12, subject to the achievement of agreed milestones in accordance with the terms of the agreement from time to time. The Company will invest up to Rs.3.47 Crores towards proportionate share in the capacity. 7 Nature of consideration - whether cash Cash consideration consideration or share swap and details of the same; 8 Cost of acquisition or the price at which the Up to Rs.3.47 Crores shares are acquired 9 Percentage of shareholding / control The Company will invest 13.30% of equity share capital of acquired and / or number of shares acquired; TU12 towards its proportionate share of the capacity. 10 Brief background about the entity acquired TU12 is an Indian Company, incorporated on April 18, in terms of products/line of business 2023 to set up Hybrid Power generation facilities in acquired, date of incorporation, history of Gujarat. last 3 years turnover, country in which the acquired entity has presence and any other History of last 3 years’ turnover: NIL significant information (in brief); Country: India B. TORRENT URJA 21 PRIVATE LIMITED (“TU21”) No. Particulars Details 1 Name of the target entity, details in brief Torrent Urja 21 Private Limited ("TU21"), is an Indian such as size, turnover etc.; Company, incorporated on August 5, 2024 is a generating company as defined in Section 2(28) of the Electricity Act, 2003 to setup Hybrid Power Project in Gujarat. (Turnover: NIL) 2 Whether the acquisition would fall within The transaction does not fall within the purview of related party transaction(s) and whether the related party transactions. The promoter / promoter promoter/ promoter group/ group group / group companies of the Company do not have companies have any interest in the entity any interest in the entity (TU21) whose Equity shares are being acquired? If yes, nature of interest and being acquired/ subscribed. details thereof and whether the same is done at “arm’s length”; 3 Industry to which the entity being acquired Generation and transmission of Solar & Wind Hybrid belongs; energy and other sources of renewable energy. 4 Objects and effects of acquisition (including The Company wishes to offtake the Contracted Quantity but not limited to, disclosure of reasons for of Electricity generated from the Project as a Captive acquisition of target entity, if its business is User in Gujarat in view of significant outside the main line of business of the listed financial/commercial benefits. entity); 5 Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; 6 Indicative time period for completion of the The Company proposes to subscribe to equity shares of acquisition; TU21, in one or more tranches, for an aggregate amount of up to Rs.17.33 crores, representing minimum 26.6% equity of TU21, subject to the achievement of agreed milestones in accordance with the terms of the agreement from time to time. 7 Nature of consideration - whether cash Cash consideration consideration or share swap and details of the same; 8 Cost of acquisition or the price at which the Up to Rs.17.33 Crores shares are acquired 9 Percentage of shareholding / control The Company will invest 26.60% of equity share capital of acquired and / or number of shares acquired; TU21 towards its proportionate share of the capacity. 10 Brief background about the entity acquired TU21 is an Indian Company, incorporated on August 5, in terms of products/line of business 2024 to set up Hybrid Power generation facilities in acquired, date of incorporation, history of Gujarat. last 3 years turnover, country in which the acquired entity has presence and any other History of last 3 years’ turnover: NIL significant information (in brief); Country: India C. TORRENT URJA 28 PRIVATE LIMITED (“TU28”) No. Particulars Details 1 Name(s) of parties with whom the Arvind Limited, Torrent Green Energy Private Limited agreement is entered. ("Sponsor") and Torrent Urja 28 Private Limited ("TU28"). 2 Purpose of entering into the agreement. Due to reallocation of the capacity the Parties have mutually agreed to [Showing first 8,000 characters — download PDF for full document]