Raymond Lifestyle President Amit Agarwal relinquishes post

Raymond Lifestyle Limited announced that Mr. Amit Agarwal has relinquished his position as President – Chairman’s Office and Senior Management Personnel (SMP) effective from the close of business hours on June 30, 2026, due to personal reasons. The company informed the stock exchanges that the cessation of the senior management personnel was pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was made in compliance with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company confirmed that Mr. Agarwal formally relinquished his office along with all associated duties, responsibilities, and authorities with effect from the aforementioned date.

Details of Cessation

The company provided specific details regarding the change in its senior management personnel in the filing submitted to BSE Limited and the National Stock Exchange of India Limited.

Particulars	Details
Name	Mr. Amit Agarwal
Position	President – Chairman’s Office, Senior Management Personnel
Reason for change	Relinquishment of services due to personal reasons
Date of cessation	Effective from close of business hours of June 30, 2026
Brief Profile	Not Applicable
Disclosure of relationships	Not Applicable

Mr. Amit Agarwal submitted his formal relinquishment letter to the Chairman of Raymond Lifestyle Limited on June 25, 2026. In his communication, he thanked the organization for the support and opportunities provided during his tenure and wished the company continued success in its future endeavors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.22%	-4.73%	-4.70%	-23.22%	-43.67%	-74.07%

J.K. Investors (Bombay) Limited has created an encumbrance on 35,32,892 shares of Raymond Lifestyle Limited , increasing the total pledged holding to 14.15% of the company's share capital. The shares were pledged to Bajaj Finance Limited on June 22, 2026, to serve as collateral for loans taken by the company or its group entities. The disclosure was made to the stock exchanges on June 25, 2026, in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Details of the Encumbrance

The filing details the specific transaction involving the promoter group. J.K. Investors (Bombay) Limited, which holds a significant stake in the target company, added to its previously encumbered shares through this new pledge creation. The reason cited for the encumbrance is collateral for loans taken by the company or group companies.

Promoter	Event Type	Date of Creation	No. of Shares Pledged	% of Share Capital	Entity in Favor
J.K. Investors (Bombay) Limited	Creation	22/06/2026	35,32,892	5.80%	Bajaj Finance Limited

Promoter Holding Status

Following the creation of the pledge, the total encumbered holding of J.K. Investors (Bombay) Limited in Raymond Lifestyle Limited stands at 86,21,568 shares, representing 14.15% of the total share capital. The promoter's total holding in the company prior to this event was 2,31,65,400 shares, or 38.02% of the share capital.

The disclosure also lists other promoters and persons acting in concert (PACs), including J.K. Investo Trade (India) Limited, J.K. Helene Curtis Limited, and Raymond Limited. None of these entities reported any creation, invocation, or release of encumbrances during this reporting period. The filing was signed by Gautam Hari Singhania, the authorised signatory for J.K. Investors (Bombay) Limited.