NSEGeneral Updates2 Jul 2026 · 2 Jul 2026, 11:48 am
General Updates
Raymond Limited · RAYMOND
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Raymond Limited has informed the Exchange about General Updates regarding the Preferential Issue of Securities on Private Placement basis. The Company has updated certain information in the Explanatory Statement to the Extra Ordinary General Meeting Notice, including the floor price determination and pre and post shareholding pattern on fully diluted basis.
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Raymond Limited has informed the Exchange about General Updates
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RAYMOND_02072026114637_RLSEintimation_finalsigned.pdf
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RL/SE/26-27/33
July 2, 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 dated May 25, 2026 and Corrigendum to the
Notice dated June 10, 2026
The Company vide its intimations dated May 25, 2026, May 27, 2026 and June 10, 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 Extra Ordinary General Meeting (“EOGM”) of the Company was issued on May 27, 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 Exchanges 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 June 18, 2026, wherein the said Issue was
approved with requisite majority.
In order to grant in-principle approval, both exchanges have raised certain queries which were replied
by the Company, including by way of issue of corrigendum to the EOGM Notice. 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 11(d) of the EGM notice, the Company had mentioned the following:
‘Floor price determined in accordance with the provisions of the articles of association of the Company.
However, the articles of association of the Company does not provide for any method of determination for
valuation of shares which results in floor price higher than determined price pursuant to SEBI ICDR
Regulations.’
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The same shall now stand modified to read as under:
Floor price determined in accordance with the provisions of the articles of association of the Company – The
Articles of the Company require a valuation report which is obtained by the Company and the price
determined in accordance with the valuation report is disclosed under point 11(c) of the EGM Notice.
2. Under point 17 of the EGM notice, the pre and post Shareholding pattern on fully diluted basis stands
updated as under after considering the shares that may be issued in future against Employee Stock
Options:
Sr. No. Pre – Issue Post – Issue*
Category of Shareholder(s) (as on May 22, 2026)
No. of shares % of share No. of shares % of share
held holding held holding
A Promoters & Promoter Group
1 Indian - - - -
a) Individual 8079 0.01 8079 0.01
b) Family Trust - - - -
c) LLP - - - -
d) Bodies Corporate 32526021 48.86 39183394 53.06
Sub-Total (A)(1) 32534100 48.87 39191473 53.07
2 Foreign - - - -
a) Bodies Corporate - - - -
Sub- Total (A)(2) - - - -
Total Promoters & Promoter Group 32534100 48.87 39191473 53.07
Holding (A)
B Non-Promoters Holding 0.00
1 Institutional Investors - - - -
a) Mutual Funds 1241576 1.86 1241576 1.68
b) FPI 5304344 7.96 5304344 7.18
c) Alternate Investment Funds 430576 0.65 430576 0.58
d) Foreign Companies 62 0 62 0.00
e) Insurance Companies 803795 1.21 803795 1.09
Sub-Total (B)(1) 7780353 11.69 7780353 10.54
2 Central Government/ State 150 0 150 0.00
Government
Sub-Total (B)(2) 150 0 150 0.00
3 Non-Institutions 0.00
a) Individuals 21977737 33.01 22596090 30.60
b) NBFCs registered with RBI 12 0 12 0.00
c) Directors and their Relatives 2500 0 2500 0.00
d) Key Managerial Personnel - - - -
e) IEPF 709173 1.07 709173 0.96
f) Trusts 5205 0 5205 0.01
g) Foreign Financial Institution 700 0 700 0.00
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Sr. No. Pre – Issue Post – Issue*
Category of Shareholder(s) (as on May 22, 2026)
No. of shares % of share No. of shares % of share
held holding held holding
h) Hindu Undivided Family 783222 1.18 783222 1.06
i) Nationalised Banks 7943 0.01 7943 0.01
j) Non-Nationalised Banks 361 0 361 0.00
k) Non-Resident Indians 1165210 1.75 1165210 1.58
l) Clearing Member 160386 0.24 160386 0.22
m) Bodies Corporate 1262577 1.90 1262577 1.71
n) Body Corporate: LLP 160641 0.24 160641 0.22
o) Any other, specify - UTI 1161 0 1161 0.00
Sub-Total (B)(3) 26236828 39.41 26855181 36.36
Total Public Shareholding (B) 34017331 51.10 34635684 46.90
Total (A)+(B) 66551431 99.97 73827157 99.97
C Shares held by ESOP Trust 22300 0.03 22300 0.03
Total (A)+(B)+(C) 66573731 100 73849457 100.00
* The post preferential percentage of shareholding has been calculated on fully diluted basis assuming full conversion
of Share Warrants proposed to be issued under this Issue and exercise of 6,18,353 Employee Stock Options outstanding
as on May 25, 2026.
Further, the pre and post shareholding of the proposed allottee shall be as under:
Name Pre-preferential issue Post-preferential issue
of the allottee
Number % Number of %
of shares shares
JK Investors 1,98,61,793 29.83% 2,65,19,166 35.91%
(Bombay) Limited
Please take note of the above information.
Thanking you.
Yours faithfully,
For Raymond Limited
Rakesh Darji
Company Secretary
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