Arvind fashions Limited has filed its quarterly compliance certificate with stock exchanges BSE and NSE for the quarter ended March 31, 2026. The submission, dated April 07, 2026, fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The company submitted a confirmation certificate received from M/s. MUFG Intime India Private Limited, which serves as the Registrar and Transfer Agent for Arvind Fashions Limited. The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) provided confirmation regarding the proper handling of securities during the quarter. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed and confirmed to the depositories.

The registrar's certificate, dated April 01, 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry. The confirmation covers several key aspects:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners
• All securities comprised in certificates have been listed on relevant stock exchanges

Company Information

The filing was signed by Lipi Jha, Company Secretary of Arvind Fashions Limited. The company maintains its registered office at Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, with corporate office located at 8th Floor, DuParc Trinity, 17, MG Road, Bangalore - 560 001, Karnataka.

This quarterly compliance certificate demonstrates Arvind Fashions Limited's adherence to SEBI's regulatory framework for depositories and participants, ensuring proper handling of dematerialised securities and maintaining transparency in securities operations.

Arvind Fashions Limited has received a significant tax demand from the Central Tax authorities, prompting the company to make a regulatory disclosure under SEBI listing regulations. The fashion retailer disclosed receiving a demand notice on March 30, 2026, related to input tax credit matters spanning two assessment years.

Tax Demand Details

The Joint Commissioner of Central Tax, Bengaluru North Commissionerate has issued a demand for Rs 5,40,75,947 (IGST) to Arvind Fashions Limited. The demand pertains to alleged input tax credit availed in contravention of Section 16(2) of the CGST Act 2017 for assessment years 2019-2020 and 2020-2021.

Penalty and Additional Charges

Along with the primary demand, the tax authority has imposed additional financial obligations on the company:

• Penalty Amount: Rs 5,40,75,947 on the ITC demand
• Interest Charges: Applicable under Section 50(3) of the CGST Act 2017
• Total Exposure: The combined demand and penalty amount to over Rs 10 crores

Company's Response Strategy

Arvind Fashions Limited has outlined its approach to address the tax demand through proper legal channels. The company is preparing to file an appeal before the appropriate forum against the order within prescribed timelines. Management believes it has adequate factual and legal grounds to reasonably substantiate its position in the matter.

Expected Financial Impact

The company has indicated that it expects no financial impact from this demand, as it plans to dispute the entire amount. Arvind Fashions stated that no impact is expected on its financial position, operations, or other business activities, reflecting confidence in its legal position.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the disclosure on March 31, 2026, with both BSE Limited and National Stock Exchange of India Limited, ensuring full compliance with listing requirements.