Raymond Realty Limited has confirmed that its promoters and promoter group members have not created any direct or indirect encumbrance on their shareholding during the Financial Year 2025-26. The declaration, submitted on April 06, 2026, was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures that the shareholding of the promoters remains free from new charges or liens outside of those previously disclosed.

The filing identifies 11 entities falling under the category of promoters or promoter group. The list includes individual promoters such as Gautam Hari Singhania, Niharika Gautam Singhania, Nawaz Singhania, and Nisa Gautam Singhania. Additionally, several corporate entities within the group, including J K Investors (Bombay) Limited and Raymond Limited, were also covered under this declaration.

Promoter and Promoter Group Details

The following table outlines the promoters and promoter group members referenced in the regulatory filing:

The confirmation was signed by Gautam Hari Singhania on behalf of all promoters and promoter group members. A copy of the declaration has been forwarded to the Audit Committee of Raymond Realty for record-keeping purposes.

Raymond Realty has granted 6,98,567 stock options to eligible employees under the Raymond Realty Employees Stock Option Plan 2025. The Nomination and Remuneration Committee approved the grant on June 05, 2026. The options are available to employees and options holders currently holding options under the Raymond Employees Stock Option Plan 2023. This move aims to incentivize employees by linking their rewards to the company's performance and growth.

The options have an adjusted exercise price of ₹404.80 per option, calculated post-demerger. Each option corresponds to one equity share of the company with a face value of ₹10. The vesting of these options is tied to specific financial metrics, including Cumulative Consolidated Thane Revenue, Cumulative Consolidated Non-Thane Revenue, and Cumulative Consolidated PBT. The vesting period accounts for the time lapsed since the original grant date at Raymond Limited, with a maximum cap of five years.

A total of 2,31,835 stock options have vested immediately. The remaining options will vest based on time and performance criteria as outlined in the grant letter. The Nomination and Remuneration Committee acts as the Compensation Committee for supervising the ESOP Scheme, while a Trust administers it under the committee's guidance. The scheme allows the Trust to acquire shares through fresh issuance or secondary acquisition.

The disclosure confirms that the scheme complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company stated that details regarding options exercised, lapsed, or money realized are not applicable at this stage. The information is available on the company's website and has been submitted to the stock exchanges.

Key Details of ESOP Grant

The vesting conditions are strictly linked to key financial parameters, ensuring alignment with the company's strategic objectives. The maximum vesting period is capped at five years from the original grant date at Raymond Limited.