Arvind Limited has formally addressed regulatory non-compliance issues through its Board of Directors, following penalty notices received from both BSE and NSE for violations of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations during the quarter ended 30th September, 2025.

Regulatory Non-Compliance and Penalties

The company faced penalties for non-compliance with Regulation 17(1) under SEBI LODR Regulations 2015, which pertains to board composition requirements. Both stock exchanges imposed identical penalty amounts on the textile manufacturer.

The NSE penalty breakdown shows the company was non-compliant for 69 days at ₹5,000 per day, resulting in a basic fine of ₹3,45,000 plus 18% GST of ₹62,100, totaling ₹4,07,100.

Board Resolution and Corrective Action

During the Board meeting held on 30th January, 2026, directors formally noted the regulatory violations and subsequent penalties. The Board emphasized that compliance was restored through the appointment of Mr. Gokul Murgesh Jayakrishna as an Independent Director, effective from 8th September, 2025.

Company's Position on Non-Compliance

The Board clarified that the delay in appointing the Independent Director was attributed to the time required for identifying a suitable candidate. Directors specifically noted there was no mala fide or willful intent on the part of the company or its directors regarding the compliance delay.

Regulatory Framework and Consequences

The penalties were imposed under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, which outlines standard operating procedures for imposing fines in case of non-compliance with listing regulations. The exchanges had warned of potential consequences including:

• Freezing of entire promoter shareholding in the company and other securities
• Transfer to 'Trade for Trade' basis or Z Category classification for consecutive defaults
• Suspension of trading in company securities

Communication and Disclosure

As required under SEBI regulations, the company has disclosed the penalty notices and board comments to both stock exchanges. The matter was formally placed before the Board of Directors as mandated by regulatory requirements, with proper documentation submitted to BSE and NSE for public dissemination.

Arvind Limited has made available the transcript of its post-results conference call with analysts and investors, held on 30th January, 2026, to discuss the company's financial performance for the quarter ended 31st December, 2025. The company previously reported a consolidated net profit of ₹980 million for Q3, compared to ₹1.03 billion in the corresponding quarter of the previous year.

Conference Call Details

The textile and retail conglomerate has provided stakeholders with access to the detailed transcript of discussions regarding its Q3FY26 performance. The conference call transcript has been made available through the company's official website, ensuring transparency in communication with the investment community.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Arvind Limited has formally notified both BSE Limited and National Stock Exchange of India Limited about the availability of the conference call transcript. The communication was signed by Jayesh Shah, Whole Time Director & Group CFO, ensuring proper corporate governance protocols.

Financial Performance Context

The conference call discussed the company's Q3FY26 results, which showed a consolidated net profit of ₹980 million, representing a decline from the ₹1.03 billion achieved in the same quarter of the previous year. This year-on-year comparison formed a key part of the discussions with analysts and investors during the call.

Stakeholder Communication

The availability of the conference call transcript demonstrates Arvind Limited's commitment to maintaining transparent communication with its stakeholders. The document provides detailed insights into the company's operational performance and strategic outlook as discussed during the analyst interaction session.