Arvind seeks voluntary delisting of GDRs

From Luxembourg Stock Exchange

Arvind announced that the Company has voluntarily sought the delisting of GDRs from Luxembourg Stock Exchange. The GDRs listing have been cancelled from Luxembourg Stock Exchange w.e.f. 03 October 2014 consequent upon termination of Deposit Agreement with the Depository J. P. Morgan Chase Bank N. A., New York after its resignation as a Depository. The Company has not appointed any Successor Depository and has terminated the Deposit Agreement for lack of liquidity with virtually no trading taking place due to investors' decreasing interest in depositary receipts.

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