Options to purchase securities

RL/SE/26-27/52 September 7, 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: Intimation for Grant of Options under ‘Raymond Limited Employees Stock Option Plan 2023 (‘RL ESOP 2023’) to an eligible employee of the Company. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations') and subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, we wish to inform you that the Nomination and Remuneration Committee of the Company, vide a resolution passed through circulation on September 7, 2026, has approved grant of 1,87,056 Stock Options to an eligible employee of the Company under the RL ESOP 2023 from the recycled pool of Stock Options following exit of eligible employees since the Scheme was launched. The relevant details pertaining to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure A. The said information is also available on the website of the Company, i.e., https://www.raymond.in. Kindly take the above-mentioned information on record. Thanking You. Yours faithfully, For Raymond Limited Rakesh Darji Company Secretary Encl: As above Annexure A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: Sr. No. Particulars Details 1. Brief details of options granted 1,87,056 options 2. Whether the grant is pursuant to Yes scheme of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 [SEBI (SBEBSE) Regulations] 3. Pricing formula The Options are being granted at Rs. 740.85/- (Seven Hundred and Forty Rupees and Eighty-Five Paisa only) per Option which is not less than the Market Price i.e. closing price on September 4, 2026 on the National Stock Exchange of India Limited. 4. Time within which option may be Five years from the date of respective vesting of the exercised grant. 5. Options Vested Not Applicable 6. Options Lapsed Not Applicable 7. Variation of terms of options Not Applicable 8. Subsequent changes or Not Applicable cancellation or exercise of such options 9. Diluted earnings per share Not Applicable pursuant to issue of equity shares on exercise of options Note: Details such as options vested, options exercised, options lapsed, money realized by exercise of options, total number of shares arising as a result of exercise of options, variation of terms of options, subsequent changes/cancellation/exercise of such options, diluted earnings per share pursuant to issue of equity shares on exercise of options, etc. specified by SEBI Listing Regulations/ Circular(s) are not applicable as of now. *******