
Corporate Governance27 Oct 2026, 06:00 pm
Raymond Ltd: Monitoring Agency Report for Q2 FY27
AI Summary
Raymond Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from a preferential issue of Convertible Share Warrants. The report, issued by CARE Ratings Limited, confirms no deviation from the stated objects of the issue. The preferential issue, which raised up to ₹330.88 crore, involved the allotment of warrants on July 09, 2026. The report was reviewed by the company's Audit Committee and Board of Directors on October 27, 2026, and is also available on Raymond's website.
Key Highlights
- Monitoring Agency Report submitted for Q2 FY27.
- No deviation from utilization of preferential issue proceeds.
- Issue size was up to ₹330.88 crore via convertible warrants.
- Report reviewed by Audit Committee and Board.
- Information available on Raymond's investor website.
Price Impact
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