Raymond Issues Corrigendum for EGM on Preferential Issue

Raymond Ltd has issued a corrigendum to its Extraordinary General Meeting (EGM) notice scheduled for June 18, 2026. This corrigendum clarifies details regarding a proposed preferential issue of warrants, aimed at raising up to ₹330.88 crore. The funds will be utilized for acquisitions (75%) and general corporate purposes (25%). The stock exchanges had requested these clarifications following the company's application for in-principle approval. The corrigendum forms an integral part of the original EGM notice.