NSEAllotment of Securities9 Jul 2026 · 9 Jul 2026, 06:17 pm
Allotment of Securities
Raymond Limited · RAYMOND
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Raymond Limited has informed the Exchange regarding allotment of 66,57,373 securities pursuant to Preferential Issue vide circular resolution passed on July 09, 2026.
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Raymond Limited has informed the Exchange regarding allotment of 66,57,373 securities pursuant to Preferential Issue vide circular resolution passed on July 09, 2026
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RL/SE/26-27/37
July 9, 2026
The Department of Corporate Services -CRD The National Stock Exchange of India Limited
BSE Limited Exchange Plaza, 5th Floor
P.J. Towers, Dalal Street Bandra-Kurla Complex
Mumbai - 400 001 Bandra (East), Mumbai - 400 051
Scrip Code: 500330 Symbol: RAYMOND
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Allotment of 66,57,373
Convertible warrants on preferential basis to JK Investors (Bombay) Limited
Ref: Intimations dated May 25, 2026, May 27, 2026, June 10, 2026, June 18, 2026, July 2,
2026 and July 7, 2026 made by Raymond Limited (the “Company”).
Dear Madam / Sir,
We refer to the above-mentioned disclosures made by the Company in connection with the
Preferential Issue of 66,57,373 convertible warrants on a Private Placement basis.
We wish to inform you that the Board of Directors of the Company, via a resolution passed through
circulation on July 9, 2026, has approved the allotment of 66,57,373 (Sixty-Six Lakh Fifty-Seven
Thousand Three Hundred and Seventy-Three) share warrants (“Warrants”) to JK Investors
(Bombay) Limited (“JKIB”) on a Private Placement basis.
Key details of the allotment are as follows:
Each Warrant is convertible into, or exchangeable for, 1 (one) fully paid-up equity share of the
Company at a price of ₹497/- each (including a premium of ₹487/- per warrant).
The allotment has been made upon receipt of the upfront subscription amount of ₹124.25 per
Warrant, equivalent to 25% of the total issue price.
The Warrants are convertible into an equal number of equity shares upon receipt of the balance
75% consideration within the stipulated timeframe.
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The pre- and post-issue shareholding details of JKIB are outlined below:
Name of the Pre-Preferential Pre-Preferential Post-Preferential Post-
Allottee Issue (Number of Issue (%) Issue* (Number of Preferential
Shares) Shares) Issue* (%)
JK Investors 1,98,61,793 29.83% 2,65,19,166 35.91%
(Bombay)
Limited
* Note: The post-preferential shareholding is on a fully diluted basis, assuming full conversion of the
warrants and exercise of all outstanding employee stock options.
Please note that the allotment of these share warrants will have no impact on the total paid-up share
capital of the Company until their actual conversion into equity shares.
This information is also available on the Company's website at https://www.raymond.in.
Kindly take the above information on record.
Yours faithfully,
For Raymond Limited
Rakesh Darji
Company Secretary
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