NSEAppointment4d ago · 31 Jul 2026, 12:34 pm

Appointment

Raymond Limited · RAYMOND

✦ AI SummaryMgmt Change

Raymond Limited has informed the Exchange regarding the appointment of Mr. Deepal Shah as President - Strategy & Special Projects, effective from July 31, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Raymond Limited has informed the Exchange regarding Appointment of Mr. Deepal Shah as President - Strategy & Special Projects of the company w.e.f. July 31, 2026.

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RAYMOND_31072026122922_RLSEintimationsigned.pdf

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RL/SE/26-27/42 July 31, 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 (“SEBI Listing Regulations”) - Appointment of Senior Management Personnel. Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Mr. Deepal Shah has been appointed as President - Strategy & Special Projects and classified as Senior Management Personnel (SMP) of the Company, effective from July 31, 2026. 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 above information is also available on the website of the Company, i.e., https://www.raymond.in. We request you to take the above information on record. Thanking you. Yours faithfully, For Raymond Limited Rakesh Darji Company Secretary Encl: A/a. Page 1 of 2 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 Particulars Mr. Deepal Shah Reason for change Appointment of Mr. Deepal Shah as President - Strategy & Special Projects, Senior Management Personnel of the Company. Date of Appointment/ July 31, 2026 cessation & Term of Appointment Brief Profile Mr. Deepal Shah is a Chartered Accountant and also completed advanced management programs at the Indian School of Business, Jamnalal Bajaj Institute of Management Studies, and Kellogg School of Management. Mr. Deepal brings over two decades of leadership experience in business and finance, having successfully navigated both CEO and CFO roles globally and in India. His extensive background in leading global IT transformation projects, managing large-scale acquisitions, and overseeing mergers and alliances makes him exceptionally well-suited to drive our group-wide strategic initiatives. He has been a proven leader and implemented key solutions in the fields of Finance, Global Networks, IT, strategic planning and business development. In past. he has served in All Cargo, DHL and ITC Group. Disclosure of Not Applicable relationships between Directors Page 2 of 2