StockWatch
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Residential, Commercial Projects
AGM/EGM8 Oct 2026, 05:10 pm

Raymond Realty Shareholders Approve Capital Increase & Preferential Issue

AI Summary

Raymond Realty Limited announced that its shareholders have approved the increase in authorized share capital and a preferential issue of securities. These approvals were granted with the requisite majority at the Extraordinary General Meeting (EGM) held on October 08, 2026. The company also disclosed the e-voting results and the Scrutinizer's Report, which are available on its website and the NSDL e-voting portal. The resolutions passed pertain to altering the Memorandum of Association and approving the preferential allotment of securities on a private placement basis.

Key Highlights

  • Shareholders approved an increase in authorized share capital.
  • Preferential issue of securities on private placement basis approved.
  • Approvals passed with requisite majority at EGM on October 08, 2026.
  • E-voting results and Scrutinizer's Report are publicly available.