Arvind Fashions Limited has informed the Exchange regarding 'Submission of Trust Deed'.
ARVINDFASN · price
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Arvind Fashions Limited has set up an irrevocable trust called 'AFL ESOP Trust' to administer its three Employee Stock Option Schemes (ESOS 2016, ESOS 2022, and ESOS 2025). MUFG Intime India Private Limited has been appointed as the sole trustee of this trust. The Board first approved the trust setup on November 3, 2025, and the Trust Deed was executed on March 16, 2026, with stamp duty of Rs. 500 and registration fee of Rs. 1,000 paid. The company has filed the executed Trust Deed with stock exchanges as required under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. The trust will handle share acquisitions, option grants, and transfers to eligible employees as per the scheme terms.
This is a routine compliance filing that formalizes the administrative structure for the company's existing employee stock option plans. It has no direct impact on the stock price or shareholder value, but confirms that ESOP benefits to employees are being properly channeled through a regulated trust structure.