Arvind Ltd Incorporates Subsidiary 'Arvind Atelier (FZC)' in Sharjah, UAE
Arvind Ltd has announced the incorporation of a new subsidiary, 'Arvind Atelier (FZC)', in Sharjah, United Arab Emirates (UAE). The company received the Virtual License Certificate for the new entity on April 22, 2026, making the subsidiary a significant expansion step for Arvind Ltd in the Middle East market.Arvind Atelier (FZC) was incorporated on April 20, 2026, in the Sharjah Airport International Free Zone (SAIF Zone). The new entity is set to operate within the Textile Trading industry, focusing specifically on Ready-made Garments Trading and general Textile Trading. The subsidiary structure establishes Arvind Atelier (FZC) as a direct subsidiary of Arvind Ltd.
Regarding the investment and shareholding, the Company plans to invest in the subsidiary through cash consideration. Arvind Ltd will subscribe to 80 shares out of a total of 100 shares, with each share valued at AED 1500. The subscription of these shares by the Company is currently pending.
Key details of the newly incorporated subsidiary are outlined below:
| Particulars | Details |
|---|---|
| Name of Subsidiary | Arvind Atelier (FZC) |
| Country of Incorporation | United Arab Emirates (U.A.E.) |
| Date of Incorporation | April 20, 2026 |
| Industry | Textile Trading |
| Line of Business | Ready-made Garments Trading & Textile Trading |
| Investment Nature | Cash Consideration (to be invested by the Company) |
| Shareholding Details | 80 shares to be subscribed by the Company out of 100 shares of AED 1500 each |
ARVIND Stock Price Movement
Today, Arvind Limited shares edged higher to close at ₹392.05, posting a gain of 0.46% in post-market trading. The stock settled with a notable volume of 231,826 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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