Raymond Ltd Updates EGM Notice on Preferential Issue Details

Raymond Ltd has issued a clarification regarding its Extra Ordinary General Meeting (EGM) notice concerning a preferential issue of securities. The company is updating specific details related to the floor price determination and the pre- and post-issue shareholding patterns on a fully diluted basis. These updates are in response to queries from stock exchanges as part of the approval process for the preferential issue of share warrants. The EGM held on June 18, 2026, had already approved the issue with the requisite majority. The revised shareholding pattern reflects the potential impact of the new warrants and outstanding Employee Stock Options.