Aarvee Denims and Exports Limited has marked a major turning point in its financial journey by announcing on 3 June 2025 the complete repayment of all outstanding bank loans thereby achieving bank debt-free status

The development was shared through an official communication to both BSE Limited and National Stock Exchange of India Limited under the SEBI LODR Regulations 2015 Aarvee Denims whose scrip is traded as AARVEEDEN on NSE and with scrip code 514274 on BSE confirmed the strategic milestone through a press release that is also available on its official website www aarveedenims com

Key Highlights of the Announcement

• The company has repaid the entire bank loan liabilities thereby eliminating all ongoing interest costs associated with such borrowings

• Attaining zero bank debt status has significantly strengthened financial flexibility enabling the company to focus more efficiently on its long-term growth objectives

• This shift improves the company’s profitability outlook, enhances resilience to market volatility, and strengthens its position for future expansion and innovation

• The accomplishment has been credited to the dedication of the Aarvee Denims team, robust financial management, and consistent focus on building shareholder value

Statement from Management

In the words of Mr Vinod Parmanand Arora Managing Director of Aarvee Denims and Exports Limited this is a transformational milestone for the company He highlighted the role of strategic discipline and team commitment in enabling the complete clearance of the debt and positioning the company for a new era of growth

Implications for Stakeholders

This move is expected to result in the following benefits

• Improved financial ratios and a clean balance sheet increasing the attractiveness of the company for institutional and retail investors

• Increased liquidity and the ability to reinvest profits into operational efficiency sustainability upgrades and R&D

• Strengthened ability to explore new partnerships expand manufacturing capacities and enhance product offerings in both denim and non-denim segments

About Aarvee Denims and Exports Limited

Aarvee Denims and Exports Ltd is a reputed name in the Indian textile industry with over 30 years of experience in the manufacture of premium denim and non-denim fabrics

Based in Ahmedabad Gujarat, the company has built a strong market reputation for offering high-quality fabric products catering to both domestic and international clientele

With integrated manufacturing capabilities Aarvee Denims maintains strict quality control and a commitment to sustainability and innovation As of now the company continues to focus on value creation, customer-centric solutions, and maintaining its leadership in a competitive and evolving textile market

Looking Ahead

Now free from the burden of bank loans the company is expected to accelerate its growth trajectory by investing in

• Technological modernisation across manufacturing lines

• New fabric innovations meeting global sustainability norms

• Export market penetration and strategic tie-ups with global fashion brands

This development also offers scope for a re-rating of the company’s financial performance and opens the door to higher profitability margins over the coming quarters

The company’s leadership has expressed confidence in continuing its journey towards sustainable value creation and contributing meaningfully to the Indian textile manufacturing sector

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