RAYMOND LTD.

Raymond Ltd has approved the allotment of 66,57,373 convertible warrants to JK Investors (Bombay) Limited on a private placement basis. Each warrant is convertible into one equity share at ₹497, with an upfront payment of 25% of the issue price received. The allotment increases JK Investors' post-issue shareholding to 35.91% on a fully diluted basis. The paid-up share capital remains unchanged until warrant conversion.

Raymond Ltd has received in-principle approval from both BSE Limited and the National Stock Exchange of India Limited for its preferential issue of 66,57,373 convertible warrants. These warrants are convertible into equity shares at a price not less than ₹497 per share, primarily to promoters. The exchanges have granted this approval subject to strict compliance with various SEBI regulations, including the ICDR and LODR Regulations. Raymond is advised to strengthen internal controls and obtain undertakings from allottees to prevent non-compliance, particularly regarding intra-day trading and pre-allotment sales. Failure to comply may impact the listing of the shares.

Raymond Ltd has announced the appointment of Mr. Bhanu Prakash Srivastava as the CEO of its Defense Business. This appointment is effective from July 06, 2026, and Mr. Srivastava has been classified as Senior Management Personnel (SMP) of the company. He brings over four decades of experience from Bharat Electronics Limited, where he held various senior leadership roles and contributed to significant business growth and profitability in defense-related sectors. His expertise spans manufacturing, project management, quality management, and product development. The company has also confirmed that this information is available on its website.

Raymond Limited announced the appointment of Bhanu Prakash Srivastava as Chief Executive Officer – Defence, effective July 6, 2026. Srivastava, former CMD of Bharat Electronics Limited (BEL), brings nearly four decades of experience in defence technologies and program execution. He will lead Raymond's strategic expansion into India's defence and aerospace sector, focusing on advanced defence technologies, systems integration, and indigenous manufacturing. At BEL, Srivastava was instrumental in tripling market capitalization, securing significant orders, and launching numerous products. Raymond aims to leverage its manufacturing strengths to contribute to India's 'Atmanirbhar Bharat' initiative in defence.

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.

Raymond Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 1, 2026, until 48 hours after the declaration of the financial results for the first quarter ending June 30, 2026. Additionally, the PAN of these individuals will be frozen by the National Securities Depository Limited for trading in the company's securities during this period, as per recent SEBI circulars.

Raymond Limited has informed the stock exchanges that it has dispatched a letter to shareholders who have not registered their email addresses. This letter provides a weblink and QR code to access the Notice of the 101st Annual General Meeting (AGM) and the Annual Report for the financial year 2025-26. The AGM is scheduled for July 14, 2026, at 2:00 p.m. IST, to be held via Video Conferencing/Other Audio Visual Means. The company is complying with SEBI Listing Regulations by sending this information to members without registered email addresses. Shareholders can also access the Annual Report on NSDL and stock exchange websites, and request physical copies via email.

Raymond Ltd has responded to a clarification sought by the exchange regarding a news article. The company stated that while it evaluates strategic opportunities for growth, there is no material event or information requiring disclosure at this stage. Raymond confirmed that the news article's statements, except the first, are speculative and not endorsed by the company. The Board and Shareholders have approved raising up to ₹330.88 crore via Share Warrants for acquisitions and general corporate purposes. The company is unaware of any unannounced information that could explain trading movements and denies any regulatory/legal proceedings related to the subject.

Raymond Ltd has announced its 101st Annual General Meeting (AGM) to be held on Tuesday, July 14, 2026, at 2:00 p.m. IST via Video Conferencing. The AGM will include the adoption of audited standalone and consolidated financial statements for the Financial Year 2025-26, the appointment of a director, and the appointment of M/s. Price Waterhouse, Chartered Accountants, LLP as Statutory Auditors for a five-year term. The Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 is part of the Annual Report. The meeting will also address the payment of commission to Non-Executive Directors based on net profits.

Raymond Ltd has announced its 101st Annual General Meeting (AGM) to be held on Tuesday, July 14, 2026, at 02:00 p.m. IST via Video Conferencing. The company will submit its Annual Report for the Financial Year 2025-26, including the Business Responsibility and Sustainability Report (BRSR), along with the Notice convening the AGM. The financial statements for the year ended March 31, 2026, will be presented. Key agenda items include the appointment of a Director in place of Mr. Harmohan Sahni and the appointment of M/s. Price Waterhouse, Chartered Accountants, LLP as Statutory Auditors for a five-year term. Additionally, the payment of commission to Non-Executive Directors based on net profits will be considered.