Arvind has made a further investment of Rs 24.98 crore by way of subscribing to equity shares of Arvind Advanced Materials (AAML), Wholly Owned Subsidiary of the Company on Rights Basis for repayment of loans and general corporate purposes. AAML is engaged in the business of manufacturing and supply of advanced materials.
Arvind is engaged in manufacturing high-end superfine fabrics. The company's business division include Denim, Woven Fabrics, Knits Fabrics, Garment Exports & Advanced Materials for growing industrial sectors like Personal Protection, Industrial Filtration, Wind Energy, Defense, Auto Components, Transportation, and Housing & Infrastructure. The company also engaged in the business of Textiles, Brands and Retail.
