Raymond Realty Ltd

EGM outcomes

• EGM held on 8 October 2026; approved increase in authorised share capital and preferential issue.
• NSE clarifications addressed; revised Annexure-1 and Annexure-2 submitted for compliance.

Use of proceeds – objects

• Pokhran Road Thane project: ₹247 crore allocated for construction.
• Lake Shore Mall, Thane project: ₹60 crore allocated; within three years.
• General corporate purposes including transaction costs: ₹102 crore.

Proceeds timing & interim investment

• Proceeds from warrants due within 18 months of allotment.
• Interim use: funds invested in fixed deposits and debt mutual funds.

Shareholding impact

• Post-warrant, promoter and promoter group stake at 55.04%.
• Public shareholding at 44.93%; total post-issue shares 7,36,92,319.

Regulatory/compliance notes

• Regulatory update: clarifications sought by NSE addressed; compliant with SEBI LODR requirements.

Raymond Realty Limited — Trading Window Closed from Thursday, October 01, 2026 till 48 hours after the declaration of Financial Results for the Quarter ending September 30, 2026

Meeting Details

• 30-Sep-26; virtual group investor conference.

Participants

• Company management to participate (roles not specified).

Purpose

• Investor conference; presentation of Investor Presentation.

Event / Organizer

• Organizer: Arihant Capital; Bharat Conference-Rising Stars.

Availability

• Investor Presentation submitted to stock exchanges and available on company website (Aug 19, 2026).

Appointment details

• Salil Bawa appointed Group Head, Investor Relations for Raymond Group, effective immediately.
• Role to lead investor engagement and capital-markets strategy across listed entities.
• Will be on the roll of Raymond Realty Limited.
• CFA with 25+ years' experience; formerly at LNJ Bhilwara Group leading IR.
• Tripled institutional ownership at Welspun Group in 18 months; Best Investor Relations Officer recipient.

Strategic context

• Appointment aligns with Raymond's three-listed-platform strategy to strengthen investor perception.

Meeting Details

• Date: 21-Sep-2026; physical group meeting in Mumbai.
• Conference: Anand Rathi Annual Flagship Conference, G-200 Summit 2026.
• Mode: Physical; in-group meeting.
• Venue: Taj Mumbai, Santacruz.
• Purpose: Investor presentation at the conference.
• Presentation: Investor Presentation available on stock exchanges and company website (Aug 19, 2026).
• Participants: Company representatives attending; specific roles not disclosed.

EGM details

• EGM scheduled for 8 October 2026 at 12:00 Noon IST via VC/OAVM.
• Cut-off date for communications: 11 September 2026.

Resolution 1: Capital increase

• Ordinary resolution to increase authorised share capital from ₹70 crore to ₹75 crore.
• Increase includes 50,00,000 additional equity shares of ₹10 each.
• MOA clause V to be amended accordingly.
• Authorized signatories to execute necessary documents.

Resolution 2: Warrants issue

• Special resolution to issue up to 66,57,373 warrants to JK Investors (Promoter Group).
• Warrants convertible 1-for-1 into equity shares at ₹614 per warrant.
• Aggregate issue size up to ₹408.76 crore.
• Exercise period: 18 months from allotment.
• Proposed allottee: JK Investors (Bombay) Limited; promoter group.
• Upfront 25% and balance 75% payable on exercise.
• Post-issue promoter holding for JKIB: 35.99%; no change in board or control.
• Lock-in for pre-issue promoter holdings and shares.

Shareholding impact

• Pre-issue promoter holding: 29.83%; post-issue: 35.99% for JKIB.
• Board composition and control stated as unchanged.
• Promoter group holding rises from 50.93% to 55.08%.

Use of proceeds and objects

• Total proceeds up to ₹408.76 crore for two projects and general corporate.
• Objects: Pokhran Road Jekegram project ₹247 crore; Lake Shore Mall ₹60 crore; general corporate ₹102 crore.
• Utilization within 18 months; monitoring by CARE Ratings.
• Interim use of proceeds: invest in fixed deposits or debt funds.
• Intended use includes construction and development costs; proceeds may deviate +/-10%.

Meeting Details

• Date: 17-Sep-26
• Time: not disclosed
• Mode: One-to-One & Group Meetings
• Conference: Jeferies- 5th India Forum
• Venue: The Oberoi, Gurgaon

Participants

• Key company participants: representatives from Raymond Realty Limited; roles not disclosed.

Purpose

• Purpose: investor conference participation.

Fund raise details

• Total warrants proposed: 66,57,373; aggregate up to ₹409 crore; cash consideration.
• Warrants convertible into one equity share of ₹10 face value.
• Conversion price: ₹614 per share; tenure up to 18 months from allotment.
• Unexercised warrants lapse at expiry; upfront amount paid forfeited on lapse.
• Allottee: J K Investors (Bombay) Limited, promoter group; one investor.
• Post-issue allottee holdings: 35.99% on fully diluted basis; pre-issue 29.83%.
• Pre-issue holdings: 1,98,61,793 shares; post-issue 2,65,19,166 shares.

Capital changes & approvals

• Authorized share capital increased from ₹70 crore to ₹75 crore; additional 50,00,000 shares.
• Purpose: fundraise via preferential issue of convertible warrants to promoter group.
• Approvals: shareholders' approval and other statutory/regulatory approvals required.
• Consideration: cash; warrants issued at ₹614 per warrant.
• Promoter group: J K Investors (Bombay) Limited; one investor in this issue.