NSEGeneral Updates22 Oct 2026 · 22 Oct 2026, 04:46 pm

General Updates

Raymond Limited · RAYMOND

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Raymond Limited has informed the Exchange about General Updates regarding a Preferential Issue of Securities on Private Placement basis. The Company had made an application to the Stock Exchanges seeking in principle approval for the said Issue. A notice calling an EOGM of the Company was issued on September 11, 2026, and the EOGM was held on October 3, 2026, wherein the said Issue was approved with requisite majority.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Raymond Limited has informed the Exchange about General Updates

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RAYMOND_22102026164138_RLSEintimationsigned.pdf

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RL/SE/26-27/69 October 22, 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 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref: Notice of Extra Ordinary General Meeting (“EOGM”) dated September 8, 2026 The Company vide its intimations dated September 8, 2026 and September 11, 2026 had informed the Exchanges regarding a Preferential Issue of Securities on Private Placement basis (“Issue”). As per the requirements of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company had made an application to the Stock Exchanges seeking in principle approval for the said Issue. A notice calling an EOGM of the Company was issued on September 11, 2026 containing all the information as required to be disclosed statutorily and general other information for the shareholders of the Company to take an informed decision. Simultaneously with issue of EOGM Notice, the Company had applied to both the stock exchange for grant of in-principle approval for the said preferential issue of share warrants. The EOGM of the Shareholders of the Company was held on October 3, 2026, wherein the said Issue was approved with requisite majority. As a process for grant of in-principle approval, both exchanges have raised certain queries which were replied by the Company. Now, the Company has received further queries from the Exchanges wherein they have suggested to update certain information which was part of the Explanatory Statement to the EOGM Notice. Accordingly, following information is being disseminated to the shareholders and investors through this general communication. 1. Under point 22 of the EOGM notice, the Company had mentioned the following: Sr. Name of the Proposed Category/ Class Number of Pre – Post – No. Allottee Warrants preferential preferential to be issue holding issue holding allotted (in percentage) (in percentage) 1. Minerva Ventures Fund Non-Promoter 33,28,686 0% 4.35% Group Entity/ Public Category *the post-preferential shareholding is on a fully diluted basis assuming full conversion of proposed as well as existing outstanding warrants as on date. Page 1 of 2 Please refer to the “Shareholding pattern of the Company before and after the Preferential Issue” above for additional details. There will be no change in the composition of the Board nor any change in the control of the Company consequent to the proposed Preferential Issue. The same shall now stand modified to read as under: Sr. Name of the Proposed Category/ Class Number of Pre – Post – No. Allottee Warrants preferential preferential to be issue holding issue holding allotted (in percentage) (in percentage)* 1 Minerva Ventures Fund Non-Promoter 33,28,686 0% 4.31% Group Entity/ Public Category * The post preferential percentage of shareholding has been calculated on fully diluted basis assuming full conversion of Share Warrants already issued and proposed to be issued under this Issue and exercise of 6,35,499 Employee Stock Options outstanding as on the date of Notice i.e., September 8, 2026. Please refer to the “Shareholding pattern of the Company before and after the Preferential Issue” above for additional details. There will be no change in the composition of the Board nor any change in the control of the Company consequent to the proposed Preferential Issue. Please take note of the above information. Thanking you. Yours faithfully, For Raymond Limited Rakesh Darji Company Secretary Page 2 of 2