
Corporate Governance28 Oct 2026, 07:40 pm
Arvind Ltd: No Deviation in QIP Fund Utilization for Q2 FY27
AI Summary
Arvind Ltd has submitted its Statement of Deviation or Variation for the quarter ended September 30, 2026, concerning funds raised via Qualified Institutions Placement (QIP). The company raised Rs. 500 Crores on August 5, 2026. The filing, reviewed by the Audit Committee, confirms there has been no deviation or variation in the utilization of these funds. The statement is also available on the company's website. CARE Ratings Limited is the applicable monitoring agency.
Key Highlights
- No deviation reported in QIP fund utilization for Q2 FY27.
- Rs. 500 Crores raised via QIP on August 5, 2026.
- Statement reviewed by the Audit Committee.
- Information available on the company website.
Price Impact
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