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Arvind Shines Bright On The Thriving Industry Arvind, the textiles and branded apparel major on Monday (21st november 2016) said that it has raised Rs 740 crores from the market by diluting stake in subsidiary - Arvind Fashions Limited. In a regulatory filing to the Bombay Stock Exchage, the company declared that it has completed the transaction and also raised the amount from Multiples, a private equity firm. The Company further added that Arvind Fashions Ltd, a wholly owned subsidiary of the company, has completed the transaction and raised equity capital of Rs 740 crore pursuant to share subscription and shareholders Agreement dated 25th October, 2016 signed with three funds managed by Multiples. The transaction was carried out at overall enterprise valuation of Rs 8,000 crores for company's branded apparel business. On 25th October 2016, Arvind had informed that its board had approved the fund raising of Rs 740 crores by diluting 10 per cent stake in Arvind Fashions. Arvind is the largest integrated textile and apparel firm and in Financial Year 2016, it had a revenue of Rs 5,407.26 crores.

The industry at a glance India has shown great progress in the textile, automotive and telecommunication sectors, said the Make in India campaign’s second achievement report that was released by the Ministry of Commerce and Industry on Friday. The report highlights the progress in FDI inflow, job creation as well as skill development, and growth in manufacturing. Make in India was launched in 2014 to promote 25 key sectors for the growth of the economy. • FDI equity inflow grew by 16 per cent in FY 2015-16. Between March 2014 and March 2016, FDI added up to USD 427.55 million. • In 2015 -16, the total exports increased to 15 per cent, which was 13 per cent in 2013-14. In the year 2016, the export was USD 38billion. It is estimated to reach USD 62


billion by 2021. • In 2015-16, 51 million people directly and 68 million people indirectly were employed in the sector. • 5.3 lakh youth have been trained in last two years under the Integrated Skill Development Scheme (ISDS). More than 81 per cent of persons trained have been placed including 79 per cent of the trained women. Arvind share price have been the talk to the D-Street yesterday. The share price closed at Rs 362.10, up by 5.19 per cent or 17.95 points. Out of all the 1700 plus NSE listed stocks, Arvind is identified as one of the top 500 stocks by Dynamic Levels. Get the historical share price performance of Arvind at Arvind share price history.

Disclaimer The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision. Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022

Disclosure Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX & NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their observations have issued advise letters or levied minor penalty on for certain operational deviations. Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research Analyst/ his Relative:      

Do not have any financial interest / any actual/beneficial ownership in the subject company. Do not have any other material conflict of interest at the time of publication of the research report Have not received any compensation from the subject company in the past twelve months Have not managed or co-managed public offering of securities for the subject company. Have not received any compensation for brokerage services or any products / services or any compensation or other benefits from the subject company, nor engaged in market making activity for the subject company Have not served as an officer, director or employee of the subject company

Article Written by

Nabarupa Kanjilal


Arvind shines bright  
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