Anup Engineering Acquires 10% Stake in Arvind GCC for ₹10,000

The Anup Engineering Limited has completed the acquisition of 1,000 equity shares, representing 10% of the paid-up equity share capital, in Arvind Global Capability Center Private Limited (Arvind GCC) for a cash consideration of ₹10,000. Arvind GCC, a newly incorporated company, will provide centralized business support and shared services to group entities. The acquisition is considered a related party transaction, undertaken on an arm's length basis based on an independent valuation report. This move aims to streamline business support functions across the group.