Raymond Limited will participate in the Anand Rathi G-200 Summit on September 21, 2026. The company will hold one-to-one and group meetings with investors at the Taj Santacruz in Mumbai.

The event, titled "G-200 Summit 2026: Bharat - The Next Engine of Global Growth," serves as a platform for Raymond to engage with market participants. Representatives from the company will conduct these sessions to discuss business updates.

Presentation Details

Raymond will present its Q1FY27 Investor Presentation during the summit. This deck has already been submitted to the stock exchanges and is available on the company's website. The presentation covers the financial results for the first quarter of the fiscal year ending March 2027.

Regulatory Disclosure

The company issued this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed with both the BSE Limited and the National Stock Exchange of India Limited on September 16, 2026.

Rakesh Darji, Company Secretary, signed the communication. The schedule is subject to change based on exigencies from either the investors or the company.

Raymond Limited has scheduled an Extraordinary General Meeting (EGM) for Saturday, October 3, 2026, to seek shareholder approval for a preferential issue of warrants aggregating up to ₹214.71 crore. The meeting will be conducted via video conferencing or other audio-visual means.

The company intends to issue up to 33,28,686 warrants to Minerva Ventures Fund at a price of ₹645 per warrant. Each warrant is convertible into one fully paid-up equity share of face value ₹10. The proceeds are earmarked primarily for acquisitions in aerospace, automotive, and defence sectors.

Key Terms of the Preferential Issue

The proposed allotment involves a phased capital deployment structure. Minerva Ventures Fund, a Category-I Foreign Portfolio Investor, will pay 25% of the issue price (₹161.25 per warrant) upfront at the time of allotment. The remaining 75% (₹483.75 per warrant) is payable upon exercise of the conversion option within 18 months from the date of allotment.

Utilization of Proceeds

Raymond plans to utilize 75% of the aggregate proceeds for funding acquisitions in India and internationally across targeted growth sectors, including aerospace, automotive, and defence. The balance 25% will be used for general corporate purposes, including transaction costs. The company intends to deploy the funds within three years from receipt.

Pricing and Shareholding Impact

The floor price for the warrants was determined based on the 10-day volume-weighted average price preceding the relevant date of September 3, 2026. Post-issue, Minerva Ventures Fund’s holding will increase to 4.35% on a fully diluted basis. The promoters’ stake is expected to rise slightly from 48.87% to 50.77% due to the dilution from the new issuance.

Voting and Logistics

Shareholders holding shares as on the cutoff date of September 26, 2026, are eligible to vote. Remote e-voting will commence on September 29, 2026, and end on October 2, 2026. Members can participate in the meeting via NSDL’s e-voting system.