
Corporate Action18 Jun 2026, 06:00 pm
Raymond Shareholders Approve Preferential Issue of Securities
AI Summary
Raymond Ltd shareholders have approved a special resolution for a preferential issue of securities on a private placement basis. The approval was granted at an Extraordinary General Meeting (EGM) held on June 18, 2026, with the resolution passing with the requisite majority. The EGM Notice, detailing the issue, was dated May 25, 2026. The company has submitted the e-voting results and the Scrutinizer's Report, which are available on Raymond's website and NSDL. A total of 283,877 shareholders were on record as of June 11, 2026, with 53 shareholders attending the EGM via video conferencing.
Key Highlights
- Shareholders approved a preferential issue of securities.
- The approval occurred at an EGM on June 18, 2026.
- The special resolution passed with the necessary majority.
- E-voting results and Scrutinizer's Report are publicly available.
Price Impact
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