Sub.: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, for Grant of Stock Options to an eligible Employee of the Company under "January-2023 Grant" pursuant to AFL - Employee Stock Option Scheme 2016.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Nomination and Remuneration Committee of the Company on January 05, 2023, has granted 85,000 (Eighty Five Thousand) stock options to eligible Employee of the Company under "January-2023 Grant" pursuant to AFL - Employees Stock Option Scheme - 2016 (ESOS 2016). In terms of the ESOS 2016, one stock option represents/convertible into one equity share of the Company.
You are requested to take note of the same and bring the same to the notice of all concerned.
Thanking you,
Yours faithfully,
For Arvind Fashions Limited
Digitally signed by
LIPI JHA LIPI JHA
Date: 2023.01.05 13:41:45 +05'30'
Lipi Jha
Company Secretary
Regd Office: Main Building, Arvind Limited Premises, Naroda Road, Ahmedabad - 380 025.
CIN: L52399GJ2016PLC085595
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Arvind Fashions Ltd. published this content on 05 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2023 10:07:05 UTC.
Arvind Fashions Limited is an India-based casual and denim company. The Company is in the business of marketing and distribution of branded apparels and accessories. The Company has a portfolio of fashion brands catering to consumers across sub-categories and price points. It has an unmatched portfolio of renowned brands, both international and indigenous, such as U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein and Flying Machine. The Company operates in all lifestyle categories and consumer segments. It operates through two geographical segments: In India, and the Rest of the world. It offers menswear, womenswear and kids wear. It offers retail, distribution, departmental stores, and online services. Tommy Hilfiger provides menâs, womenâs and childrenâs sportswear, denim, accessories and footwear. Flying Machine is a homegrown denim brand. Its subsidiaries include Arvind Lifestyle Brands Limited, PVH Arvind Fashion Private Limited and others.