Arvind Fashions Limited (AFL), India's leading casual wear and denim company, has announced a significant leadership transition. Amisha Jain has officially taken charge as the new Managing Director and Chief Executive Officer, succeeding Shailesh Chaturvedi, who stepped down from the role on September 30, 2025.

Smooth Transition in Leadership

The leadership change, which was part of a planned succession strategy approved by AFL's Board of Directors, was initially announced on July 16, 2025. Jain, who joined the company on August 13, 2025, brings over 25 years of experience across technology, consumer, and retail sectors to her new role.

Amisha Jain's Impressive Background

Jain's appointment aligns with AFL's strategic focus on strengthening operational excellence, brand equity, and digital transformation. Her extensive experience includes:

• Managing Director & SVP of South Asia, Middle East, Africa, and Eastern Europe at Levi Strauss & Co.
• CEO of Zivame, where she led a significant turnaround
• Senior roles at Nike India and Arvind Group
• Experience at McKinsey & Company and Motorola Inc.

Recognition and Achievements

Jain's leadership has been widely recognized in the industry:

• Awarded the ET People-Focused CEO of the Year 2024
• Named in the '40 under 40: India's Hottest Business Leaders 2015' by Economic Times
• Recognized in 'India Inc's rising women business leaders 2015' by Spencer Stuart

Chaturvedi's Legacy

Under Shailesh Chaturvedi's leadership, Arvind Fashions navigated significant transformation and consolidation, positioning itself for sustainable profitability. Chaturvedi expressed satisfaction with his tenure, stating, "The last few years as the MD & CEO of AFL have been one of the most satisfying part of my over 30-year career in this industry."

Looking Ahead

Kulin Lalbhai, Vice Chairman and Non-Executive Director of Arvind Fashions Limited, expressed confidence in Jain's appointment: "As AFL prepares for launching itself into the next orbit of growth, we are delighted to welcome Amisha back to AFL. She has a strong understanding of the new age consumer & we believe she is rightly positioned to lead AFL in its future journey."

Jain herself expressed enthusiasm about her new role, saying, "I am thrilled to come back to AFL which is all set for an exciting growth journey ahead. I believe AFL is now ready to unlock the strength of its portfolio of market leading brands to its full potential."

About Arvind Fashions Limited

Arvind Fashions Ltd is India's leading casual and denim player, with a strong portfolio of fashion brands catering to consumers across various sub-categories and price points. The company's brand portfolio includes renowned names such as U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine.

As Arvind Fashions enters this new chapter under Amisha Jain's leadership, the company looks poised to build on its strong foundation and drive further growth in India's dynamic fashion retail landscape.

Arvind Fashions Limited , a prominent player in the Indian fashion retail industry, has announced a significant change in its top leadership. Shailesh Chaturvedi has resigned from his position as Managing Director and Chief Executive Officer of the company, marking the end of his tenure at the helm of the fashion retail giant.

Resignation Details

According to the company's filing with the stock exchanges, Shailesh Chaturvedi tendered his resignation on September 30, 2025. His departure from the company will be effective from the close of business hours on the same day. Along with stepping down from his role as MD and CEO, Chaturvedi will also cease to be a Director of the company and a member of the Board of Directors' committees.

Reason for Departure

In the regulatory filing, Arvind Fashions stated that Chaturvedi's resignation was due to personal reasons. The company confirmed that there were no material reasons for his resignation other than those mentioned in his resignation letter.

Compliance and Disclosure

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Arvind Fashions has provided the necessary disclosures as required by SEBI, including the date of cessation and the reason for the change in leadership.

Impact and Next Steps

While the company has not yet announced a successor, this change in leadership is likely to be closely watched by investors and industry observers. Arvind Fashions, known for its portfolio of international and domestic brands, will need to ensure a smooth transition to maintain its market position and strategic direction.

Trading Window Closure

In a separate but related announcement, Arvind Fashions also notified the closure of its trading window for insiders, starting from October 1, 2025. This closure is in view of the upcoming approval of the company's unaudited financial results for the second quarter ending September 30, 2025. The trading window will remain closed until 48 hours after the announcement of these financial results.

As Arvind Fashions navigates this leadership transition, stakeholders will be keenly observing the company's next moves and the potential impact on its business strategy and performance in the competitive fashion retail market.