Arvind Limited has submitted the Exchange a copy Srutinizer's report of Postal Ballot along with voting results.
ARVIND · price
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Arvind Limited has announced the results of its postal ballot concluded on March 11, 2026. All four special resolutions were passed with overwhelming approval of approximately 99% or more of votes polled. Out of 26.21 crore total shares, about 19.95 crore shares (76.13%) were voted, with nearly 19.95 crore in favor. The resolutions covered amendments to the 'AL - Employee Stock Option Scheme 2021' to allow administration through an irrevocable employee welfare trust, approval for secondary share acquisition via trust route, provision of company funds for the trust to buy back its own shares for ESOPs, and approval for sale/disposal/lease of assets exceeding 20% of the assets of its material subsidiary Arvind Advanced Materials Limited (AAML) during a financial year.
Shareholders have strongly backed the ESOP restructuring through the trust route, which will enable the company to implement employee stock options more efficiently. The approval to potentially divest or lease significant assets of AAML is a notable strategic decision that could lead to restructuring or monetization of the advanced materials subsidiary, which shareholders should monitor for further developments.