Arvind Ltd Forms Wholly Owned Subsidiary Arvind New Technologies Pvt Ltd
K N Mishra
04/Apr/2025

What’s covered under the Article:
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Arvind Limited has set up a new wholly owned subsidiary, Arvind New Technologies Pvt Ltd, on April 3, 2025, expanding its textile business.
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The company informed exchanges under Regulation 30 of SEBI LODR Regulations, 2015, submitting details via an official filing on April 4, 2025.
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The new subsidiary will focus on manufacturing and supply of textiles and advanced technologies, supporting Arvind's growth strategy.
Arvind Limited, one of the prominent textile giants in India, has announced the incorporation of a wholly owned subsidiary (WOS), Arvind New Technologies Private Limited (ANTPL), on April 3, 2025. The incorporation was formally registered with the Ministry of Corporate Affairs, with a Certificate of Incorporation issued on April 4, 2025, at 1:15 PM.
The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed entities to disclose any material events or corporate actions that could affect their operations or stock prices. This filing is in compliance with SEBI's Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and provides details about the new subsidiary in line with regulatory requirements.
Details of the newly incorporated entity are as follows:
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Name of the Target Entity:
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Arvind New Technologies Private Limited (ANTPL)
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CIN: U13130GJ2025PTC161014
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Authorized Capital: Rs. 1,00,000
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Paid-Up Share Capital: Rs. 70,000
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Size & Turnover: Not Applicable (as it has yet to commence business operations)
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Related Party Transaction:
ANTPL is a wholly owned subsidiary of Arvind Limited, and therefore, it is considered a related party. However, there are no interests from the promoter/promoter group or any group companies in the subsidiary. The transaction is done at arm's length, with the consideration paid being a cash transaction. -
Industry:
ANTPL will operate in the textile industry, specifically focusing on the manufacturing, processing, and supply of textile fibres, yarns, fabrics, garments, and related materials, including advanced technologies. -
Reason for Incorporation and Impact:
The incorporation of ANTPL is aimed at expanding Arvind Limited’s product offerings and technological capabilities in the textile sector. This move is in line with Arvind’s commitment to diversifying its operations and improving its technological edge in the textile industry. -
Regulatory Approvals:
No governmental or regulatory approvals are required for this incorporation as it is an internal corporate restructuring activity. -
Indicative Time Period for Completion:
As ANTPL has been successfully incorporated, no further time periods are relevant for the completion of the incorporation process itself. -
Consideration and Cost of Acquisition:
The total consideration for the acquisition is Rs. 70,000, which is the paid-up capital of ANTPL. This cost is paid in cash, and Arvind Limited now holds 100% shareholding in ANTPL. -
Background of Arvind New Technologies Pvt Ltd:
ANTPL was incorporated under the Companies Act, 2013 on April 3, 2025, and is still in its early stages. The subsidiary will eventually engage in the production and supply of textile products, including the latest advanced textile technologies, once it begins commercial operations.
This incorporation reflects Arvind Limited’s continued expansion and its strategic focus on advancing its technological capabilities within the textile sector. It highlights Arvind's dedication to ensuring future growth, strengthening its market position, and diversifying its operations by entering new domains within the textile industry.
The company's incorporation of ANTPL will allow Arvind Limited to leverage the potential of advanced technologies in textile manufacturing, thus opening new avenues for growth and innovation. This move is part of Arvind’s ongoing efforts to meet the demands of modern textile production, especially with respect to sustainability and technology integration.
Arvind Limited is known for its commitment to quality and sustainability in the textile industry. The new subsidiary’s future initiatives may include investments in green technologies and innovative textile manufacturing processes, which are rapidly transforming the global industry.
The company’s registered office is located at No. 365, Anna Salai, Teynampet, Chennai - 600018, and it operates under CIN: L17110GJ1987PLC015001.
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