NSEGeneral Updates3d ago · 6 Nov 2026, 06:16 pm
General Updates
Raymond Limited · RAYMOND
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Raymond Limited has received in-principle approval from the National Stock Exchange of India Limited and BSE Limited for the preferential issue of 33,28,686 convertible warrants on a private placement basis.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Raymond Limited has informed the Exchange about Update on Preferential Issue of Securities on a Private Placement basis
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RAYMOND_06112026181259_RLSEintimationIPsigned.pdf
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SECRETARIAL DEPARTMENT
Jekegram, Pokhran Road No.1, Thane (W)-400 606
Maharashtra, India
CIN No.: L17117MH1925PLC001208
Tel: (91-22) 4036 7000/6152 7000
Fax: (91-22) 2541 2605
www.raymond.in
RL/SE/26-27/85
November 6, 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 – Update on Preferential
Issue of Securities on a Private Placement basis
Ref: Latest intimation dated October 22, 2026 in relation to the captioned subject
Dear Madam / Sir,
This is in continuation of our earlier disclosure regarding the preferential issue of 33,28,686
convertible warrants on a private placement basis (“Issue”).
In this regard, we wish to inform you that the National Stock Exchange of India Limited and BSE
Limited, vide their respective letters dated November 6, 2026, have granted in-principle approval for
the said Issue. Copies of these approval letters are enclosed herewith.
This information is also available on the Company's website at https://www.raymond.in.
Kindly take the above information on record.
Thanking you.
Yours faithfully,
For Raymond Limited
Rakesh Darji
Company Secretary
Encl: A/a.
~EGISTERED OFFICE
Plot NJ. 156/H i'b. 2, Village Za:lgacn,
Ratrajri -415 612, Ma'la13shtra
Ta: (02352) 232514
Fae (02352) 232513
NiftySO
Ref: NSE/LIST/57461 November 06, 2026
The Company Secretary
Raymond Limited
Dear Sir/Madam,
Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
We are in receipt of your application regarding In-principle approval for issue of 33,28,686 Equity
Shares of Rs. 10/- each pursuant to conversion of warrants issued under Preferential basis in terms
of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015. In this regard, the Exchange is pleased to grant in-principle approval for the said issue
subject to the Company fulfilling the following conditions:
1. Filing the listing application at the earliest from the date of allotment.
2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by
the statutory authorities including SEBI, RBI, MCA, etc.
3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or
any statutory authorities as on the date of listing application.
4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of
listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws.
5. Submissions of documents as may be required by NSE and payment of applicable fees.
Further, the company is advised to strengthen internal controls (to monitor trades being
executed by the proposed allottees in the scrip of the company) before allotment of securities
in order to avoid any non-compliances in respect of trades being executed by the allottees in
contravention of provisions of Chapter V of SEBI (ICDR) Regulations. In this regard,
a) The Company is advised to obtain an undertaking from the allottee(s) confirming that
they shall not do intra-day trading in the scrip of the company or any sale in the scrip of
the company till the allotment date of the security as required under SEBI (ICDR)
Regulations.
b) The Company may note that the responsibility/onus is solely on the Issuer company to
verify the above (a) and ensure compliance with applicable provisions including
Regulation 167(6) of SEBI ICDR regulations, 2018.
c) The Company may also note that any non-compliances, if observed by the exchanges
post the undertaking and verification by the Issuer company may impact the listing of
such shares.
Kindly note, this Exchange letter should not be construed as approval under any other Act
/Regulation/rule/bye laws (except as referred above) for which the Company may be required to
National Stock Exchange of India Limited I Exchan;.e Plaza, C-1, 6lod G, Elandra ICurfa Co~plex, Sandra (E), Mumbai -400 051, India
Tel: -¼9122 2659 3100 I Fax No_+ 91 22 2659 8120 I UN: l67120M.H19'92.?lC059769
coomzmll'l>n
Natlonal Stock. Exchange Of Ind1a Umited
Ref: NSE/LIST/57461 November 06, 2026
obtain approval from other department(s) of the Exchange. The Company is requested to
separately take up matter with the concerned departments for approval, if any.
The Exchange reserves its right to withdraw its in-principle approval at a later stage if the
information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in
contravention of any Rules, Bye-laws and Regulations of the Exchange, SEBI (LODR)
Regulations, 2015, Guidelines/ Regulations issued by statutory authorities, etc.
Yours faithfully,
For National Stock Exchange of India Limited
Pooja Pashte
Manager
National Securities Depository Limited
Central Depository Services Limited
P.S. Checklist of all the further issues is available on website of the exchange at the following
URL:https://www.nseindia.com/static/companies-listing/raising-capital-further-issues-main-sme-
checklist
The National Stock Exchange of India (NSE) has announced the launch of NEAPS mobile
application. The app can be downloaded from the App Store/ Play store with the name “NEAPS
a • al Stock Exchange of India Li ited I Ex.cha e Plaza, C-1, Block G, Sandra l(u Cor:iplex, Sandra (E). umbai -400 051, In a
Tel: +9122 2659 8100 I Fax No. 91 22 2659 8120 I Cl • l.67120 H1992.PLC059769
SSE .,
The Power of Vibrance
LOD/PRE F/TT/ Fl P/ 1082/2026-27 November 06, 2026
The Company Secretary,
Raymond Ltd.
Plot No 156/H No 2, Village Zadgaon,
Ratnagiri, Maharashtra -415612
Re: In-principle' approval under Regulation 28(1) of the SEBI (Listing Obligations and
Disclosure Requirements). Regulations. 2015.
Dear Sir/Madam,
We refer to your application seeking our "In-principal approval for the issue of 33,28,686
warrants convertible into 33,28,686 equity shares of Rs.10/- each at price not less than Rs.
645/-each to Non Promoters on preferential basis".
The Exchange hereby grants its 'in-principle' approval for the aforesaid issue. This 'in-principle'
approval should not be construed as our approval for listing of aforesaid security, and you are
required to duly and separately comply with the requirements in respect thereof.
You are advised to ensure that the issue and allotment of securities is strictly in accordance with
the provisions of the Companies Act, 2013, Securities Contracts (Regulation) Act, 1956, the
Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996 including the
Rules, Regulations, Guidelines, etc. made there under, Chapter V of SEBI (Issue of Capital and
Disclosure Requirements) Regulations, 2018 (ICDR Regulations), the SEBI (Listing Obligations
and Disclosure Requirements), Regulations, 2015 (LODR Regulations) and the Listing
Agreement signed with us. In addition, you shall also obtain such statutory and other approvals
as are required for the purpose.
Further, the company is advised to strengthen internal controls (to monitor trades being
executed by the proposed allottees in the scrip of the company) before allotment of securities in
order to avoid any non-compliances in respect of trades being executed by the allottees in
contravention to provisions of Chapter V of SEBI (ICDR) Regulations. In this regard,
a) Company is advised to obtain an undertaking from the allottee(s) confirming that they
shall not do.intra-day trading in the scrip of the company or any sale in the scrip of the
company till the allotment date of the security as required under SEBI (ICDR)
Regulations.
Registered Office: BSE Limited, Floor 25, P J Towers. Dalal Street, Mumbai 400001, India. T: +91
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