Arvind Ltd Approves QIP with Floor Price of ₹518.58

Arvind Ltd's Finance Committee has approved the opening of a Qualified Institutional Placement (QIP) issue. The floor price for the equity shares has been set at ₹518.58 per share, based on SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The QIP is being conducted under Chapter VI of the SEBI ICDR Regulations and Section 42 of the Companies Act. The Preliminary Placement Document has been approved, and the 'Relevant Date' for the QIP has been fixed as August 3, 2026. The issue price will be determined in consultation with the lead manager.