RAYMOND LTD.

Raymond Limited, through its subsidiaries, is accelerating capacity expansion in Andhra Pradesh by setting up an additional brownfield manufacturing facility. This interim measure aims to support strong business momentum and growing customer requirements, with expected incremental volumes during the current financial year. The company's planned greenfield project in Andhra Pradesh, a larger long-term manufacturing platform, is progressing as scheduled. This two-stage expansion strategy, combining near-term brownfield augmentation and long-term greenfield development, reinforces Raymond's focus on a scalable, capital-efficient manufacturing platform to address domestic and global market opportunities.

Raymond Ltd announced that its shareholders have approved the Preferential Issue of Securities on a Private Placement basis at the Extraordinary General Meeting (EGM) held on October 3, 2026. The resolution was passed with the requisite majority. The company also submitted the e-voting results and the Scrutinizer's Report as per SEBI regulations. These documents will be available on the company's website and the NSDL e-voting portal.

Raymond Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 1, 2026, until 48 hours after the declaration of the financial results for the quarter ending September 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, through its subsidiary JK Maini Global Aerospace Limited, has successfully entered the aircraft structures vertical by winning a tender for assembling wing and center fuselage structures for a major indigenous fighter aircraft program. This move expands Raymond's capabilities beyond precision manufacturing into complex assemblies. The company will leverage existing customer infrastructure for a capital-efficient approach, aiming to build execution credentials for future, larger aerospace programs globally. This strategic expansion diversifies Raymond's Engineering vertical, which already includes Tools & Auto Components and Aerospace & Defence.

Raymond Ltd has announced an Extraordinary General Meeting (EGM) scheduled for October 3, 2026, to approve a preferential issue of up to 33,28,686 warrants. These warrants are convertible into equity shares at a price of ₹645 each, aggregating up to ₹214.70 crore. The issue is proposed to be made to Minerva Ventures Fund, a Category-I Foreign Portfolio Investor, on a private placement basis. The funds raised will be utilized as per the terms outlined in the EGM notice.

Raymond Limited's aerospace subsidiary has secured significant new orders from a leading Indian aerospace and defence major. These orders encompass precision machining, aerospace castings, structural components, and complex assemblies, covering over 300 part numbers and exceeding 37,000 components annually. The estimated annual business potential from these contracts is approximately ₹33 crore. Production is slated to commence progressively through 2026 and 2027. This development strengthens Raymond's aerospace order pipeline and its strategy to build a scaled, high-precision manufacturing platform in India, expanding its participation across the aerospace value chain and broadening its domestic customer base.

Raymond Ltd's Board of Directors has approved raising up to approximately ₹214.71 Crore through a preferential issue of 33,28,686 convertible warrants to Minerva Ventures Fund. Each warrant is priced at ₹645, with a premium of ₹635, and carries the right to subscribe to one equity share of face value ₹10. The warrants can be converted into equity shares within 18 months from allotment. Unconverted warrants will lapse, and the upfront consideration will be forfeited. The issuance is subject to shareholder and regulatory approvals.

Raymond Ltd's Board of Directors has approved a fundraise of up to ₹214.71 Crore through the preferential issue of 33,28,686 convertible warrants to Minerva Ventures Fund. Each warrant is priced at ₹645 and can be converted into one equity share of face value ₹10 within 18 months. The issuance is subject to shareholder and regulatory approvals. The upfront consideration for unconverted warrants will be forfeited upon expiry.

Raymond Ltd's Nomination and Remuneration Committee has approved the grant of 1,87,056 stock options to an eligible employee under the RL ESOP 2023 scheme. The grant is made from a recycled pool of options. The options are priced at ₹740.85 per option, not less than the market price as of September 4, 2026. These options can be exercised five years from their respective vesting dates. The company has also stated that details such as vested, exercised, or lapsed options are not applicable at this time.

Raymond Ltd has announced that its Board of Directors will convene on September 8, 2026, to consider and approve a proposal for raising funds. The fundraising could be through the issuance of equity shares, convertible securities, warrants, or other eligible securities via rights issue, preferential allotment, or other permissible methods, subject to regulatory approvals. Concurrently, the company has closed its trading window for designated persons from September 3 to September 10, 2026, in compliance with insider trading regulations.