Reinforcing its long-term commitment to sustainability and with the objective of further reducing its carbon footprint, Arvind has signed a 25-year Power Purchase Agreement (PPA) to secure electricity from renewable sources. As part of the agreement, Arvind along with other user members will subscribe up to 26% of the equity stake to qualify as a Group Captive. This strategic initiative will increase the share of renewable energy to approximately 60%. The investment is expected to yield an attractive payback period of less than two years and is projected to improve EBITDA margins by approximately 30 to 40 basis points by FY27.