NSEAppointment6 Jul 2026 · 6 Jul 2026, 11:29 am

Appointment

Raymond Limited · RAYMOND

✦ AI SummaryMgmt Change

Raymond Limited has informed the Exchange regarding the appointment of Mr. Bhanu Prakash Srivastava as CEO - Defense Business of the company effective from July 06, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

Raymond Limited has informed the Exchange regarding Appointment of Mr Bhanu Prakash Srivastava as CEO - Defense Business of the company w.e.f. July 06, 2026.

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RAYMOND_06072026112900_RLSEintimationSMPsigned.pdf

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RL/SE/26-27/34 July 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: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Appointment of Senior Management Personnel. Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Mr. Bhanu Prakash Srivastava has been appointed as CEO-Defense Business and classified as Senior Management Personnel (SMP) of the Company, effective from July 06, 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. Bhanu Prakash Srivastava Reason for change Appointment of Mr. Bhanu Prakash Srivastava as CEO-Defense Business, Senior Management Personnel of the Company. Date of Appointment/ July 6, 2026 cessation & Term of Appointment Brief Profile Mr. Bhanu Prakash Srivastava holds a degree in Bachelor of Technology (Mechanical Engineering) from IIT-BHU. Mr. Bhanu Prakash Srivastava holds a degree in Bachelor of Technology (Mechanical Engineering) from IIT-BHU, Varanasi,1986 Batch and Master of Business Administration. He has over four decades of experience with Bharat Electronics Limited where he held various senior leadership positions and made major contributions towards sustained business growth and profitability in the areas of Radio & Data equipment, Military and Telecom Switching Equipment, C4I Systems for Civil & Military applications, Radars for Army, Air Force and Navy, Sonars, Fire Control Systems & Communication systems for Navy and Surface- to-Air Missile project for Naval Ships. He has also served as Chairman & Managing Director at BEL between 2022 to 2024. He has rich experience in diverse functions such as Manufacturing, Project Management, Quality Management, Materials Management, Design & Development and Product Support. Disclosure of Not Applicable relationships between Directors Page 2 of 2