Shareholders meeting

RL/SE/26-27/5 September 11, 26026 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 Sub: Notice of the Extraordinary General Meeting scheduled to be held on October 03, 2026 Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Madam / Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that an Extraordinary General Meeting of the Company (“EGM”) is scheduled to be held on Saturday, October 03, 2026 at 04:30 p.m. (IST) through Video Conferencing/Other Audio-Visual Means in accordance with relevant circulars issued by the Ministry of Corporate Affairs and SEBI. The Notice of EGM is being sent through electronic mode to those Members whose email addresses are registered with the Company/Registrar and Transfer Agent/ Depositories. The Notice is also available on the website of the Company at www.raymond.in Please take the above information on record. Thanking you. Yours faithfully, For Raymond Limited Rakesh Darji Company Secretary Encl.: A/a CIN: L17117MH1925PLC001208 Registered Office: Plot No. 156/H. No.2, Village Zadgaon, Ratnagiri - 415 612, Maharashtra Tel.: 02352-232514, Fax: 02352-232513 Email: corp.secretarial@raymond.in, Website: www.raymond.in NOTICE EXTRA-ORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT AN EXTRA-ORDINARY GENERAL MEETING (“EGM”) OF THE MEMBERS OF RAYMOND LIMITED (“THE COMPANY”) WILL BE HELD ON SATURDAY, OCTOBER 3, 2026, AT 4:30 P.M. (IST) THROUGH TWO-WAY VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) FACILITY TO TRANSACT THE FOLLOWING BUSINESSES. The proceedings of the Extra-Ordinary General Meeting (“EGM”) shall be deemed to be conducted at the Registered Office of the Company at Plot No 156/H No 2, Village Zadgaon, Ratnagiri, Maharashtra, 415612 which shall be the deemed venue of the EGM. SPECIAL BUSINESS: 1. Preferential Issue of Securities on a Private Placement basis To consider and if thought fit, to pass with or without modification(s), the following Resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 23(1)(b), 42, 62(1)(c) and other applicable provisions, if any, of the Companies Act, 2013, as amended (the “Act”), the Companies (Prospectus and Allotment of Securities) Rules, 2014, the Companies (Share Capital and Debentures) Rules, 2014 and other applicable rules made thereunder (including any statutory modification(s) or re-enactment(s) thereof), for the time being in force, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the “SEBI ICDR Regulations”) and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI Listing Regulations”), as amended from time to time, and subject to any other rules, regulations, guidelines, notifications, circulars and clarifications issued thereunder from time to time by the Ministry of Corporate Affairs, the Reserve Bank of India, the Securities and Exchange Board of India (“SEBI”) and/or any other statutory or regulatory authorities, including the BSE Limited and National Stock Exchange of India Limited (collectively, the “Stock Exchanges”) on which the equity shares of the Company having face value of ₹10 (Indian Rupees Ten) each (“Equity Shares”) are listed (hereinafter collectively referred to as “Applicable Regulatory Authorities”) from time to time to the extent applicable, and the enabling provisions of the Memorandum of Association and Articles of Association of the Company, and subject to such approval(s), consent(s) and permission(s) as may be necessary or required, from Applicable Regulatory Authorities (including the Stock Exchanges) and subject to such conditions and modifications as may be imposed or prescribed while granting such approvals, consents and permissions, which the Board of Directors of the Company (hereinafter referred to as the “Board”, which term shall be deemed to mean and include one or more committee(s) constituted by the Board to exercise its powers including the powers conferred by this resolution), is hereby authorised to accept, consent of the members of the Company be and is hereby accorded to offer, issue and allot from time to time in one or more tranches, up to 33,28,686 warrants, each convertible into, or exchangeable for, 1 (one) fully paid-up equity share of the Company of face value of ₹10/- each (“Warrants”) at a price of ₹645 (including premium of ₹635) per warrant payable in cash (“Warrants Issue Price”), aggregating up to ₹214,70,02,470/- (Rupees Two Hundred Fourteen Crore Seventy Lakh Two Thousand Four Hundred and Seventy only), which may be exercised in one or more tranches during the period commencing from the date of allotment of the Warrants until expiry of 18 (Eighteen) months, to Minerva Ventures Fund (Category-I Foreign Portfolio Investor, belonging to the Non-Promoter / Public Category), (hereinafter referred to as “Proposed Allottee”), by way of a preferential issue on a private placement basis in accordance with the terms of the Warrants as set out herein, and in the explanatory statement to this Notice calling EGM, and on such other terms and conditions as set out herein, subject to applicable laws and regulations, including the provisions of Chapter V of the SEBI ICDR Regulations and the Act, as the Board may determine (the “Preferential Issue”). RESOLVED FURTHER THAT in terms of the provisions of Chapter V of the SEBI ICDR Regulations, the “Relevant Date” for the purpose of determination of the floor price for the issue and allotment of Warrants is Thursday, September 3, 2026, being the date 30 (thirty) days prior to the date of this EGM. RESOLVED FURTHER THAT the Preferential Issue of Warrants and allotment of equity shares on the exercise of the Warrants shall be subject to the following terms and conditions, apart from others as detailed in the explanatory statement to this Notice and as prescribed under applicable laws: a) subject to the SEBI ICDR Regulations and other applicable rules and regulations, each Warrant shall entitle the Warrant holder to apply for and be allotted 1 (one) fully paid-up equity share of face value ₹10/- each. b) an amount equivalent to at least 25% (twenty-five percent) of the Warrants Issue Price (i.e., ₹161.25 per Warrant, aggregating to ₹53,67,50,617.50/-) shall be payable upfront at the time of subscription and allotment of each Warrant. The balance 75% (seventy-five percent) (i.e., ₹483.75 per Warrant, aggregating to ₹161,02,51,852.50/-) shall be payable at the time of exercise of the conversion option attached to the Warrants (“Warrant Exercise Amount”) within a maximum period of 18 (eighteen) months from the date of allotment. c) the Warrants shall be allotted in dematerialized form within a period of 15 (fifteen) days from the date of passing of this special resolution by the shareholders of the Company for their issuance, provided that where the allotment of Warrants is pending receipt of regulatory approvals or permission, the allotment shall be completed within a period of 15 (fifteen) days from the date of receipt of last of such approval, or permission; d) the equity shares to be allotted on exercise of the Warrants shall be in dematerialized form and shall be subject to the provisions of the Memorandum of Association and Articles of Association of the Company shall rank pari passu with the existing fully paid-up equity shares of the Company in all respects, including dividend and voting rights; e) the equity shares allotted upon conversion of the Warrants shall be listed on the Sto [Showing first 8,000 characters — download PDF for full document]