Raymond Lifestyle Limited has announced the grant of 11,04,470 stock options to eligible employees under its Employee Stock Option Plan 2025 (RLL ESOP 2025). The Nomination and Remuneration Committee approved this grant during its meeting held on January 09, 2026, which commenced at 3:30 p.m. and concluded at 3:50 p.m.

Stock Option Grant Details

The stock options have been granted to eligible employees who are currently holding options under the Raymond Employees Stock Option Plan 2023. The grant represents a significant employee benefit initiative by the company to retain and incentivize its workforce.

Scheme Structure and Compliance

The RLL ESOP 2025 scheme operates in full compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The scheme is designed to benefit employees of the company and its group companies, including holding, subsidiary, and associate companies.

Key features of the scheme include:

• The Nomination and Remuneration Committee acts as the Compensation Committee for scheme supervision
• The Trust administers the ESOP scheme under committee guidance
• Shares can be acquired through fresh issue subscription or secondary acquisition
• Maximum vesting period is capped at five years from the original Raymond Limited grant date

Vesting and Performance Parameters

The vesting of options follows both time-based and performance-based criteria. Performance parameters include market capitalization, revenue, EBITDA, Return on Capital Employed, and other metrics as determined by the Nomination and Remuneration Committee. This structure ensures that option benefits are aligned with company performance and employee contribution.

Regulatory Disclosure

The company has made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation has also been uploaded on the company's website at www.raymondlifestyle.com for stakeholder access.

This stock option grant represents Raymond Lifestyle Limited's continued commitment to employee engagement and retention through equity participation, allowing eligible employees to benefit from the company's long-term growth and performance.

Raymond Lifestyle Limited has officially appointed Mr. Prasad Chathuar as Chief Financial Officer with effect from January 5, 2026. The company made the regulatory disclosure under Regulation 30 of SEBI's listing obligations and disclosure requirements, confirming the appointment that was previously announced as senior management personnel.

Appointment Confirmation

The appointment has been formalized following the company's earlier announcement about bringing Chathuar aboard as senior management personnel. The formal CFO designation has now been completed as planned, strengthening the company's financial leadership team.

Professional Background and Expertise

Chathuar brings extensive experience spanning close to 28 years in the consumer industry. Most recently, he served as Chief Financial Officer at Bajaj Electricals Limited, where he demonstrated expertise in business transformation and financial strategy. His professional journey includes a significant tenure of over 17 years with Voltas Limited in senior positions, along with five years at Emami Paper Mills Limited.

Throughout his career, Chathuar has handled diverse responsibilities including business transformation, financial and business strategy formulation, treasury and working capital management, taxation, budgeting, MIS, and evaluation of organic and inorganic growth opportunities. His experience in building finance and strategy teams and driving long-term value creation is expected to support the company's financial leadership and strategic objectives.

Educational and Professional Qualifications

The new CFO holds strong professional credentials in finance and accounting. He is a qualified Cost Accountant and Chartered Accountant, providing him with comprehensive expertise in financial management and strategic planning.

Market Response and Corporate Governance

The company disclosed that there are no relationships between Chathuar and the board of directors, maintaining transparency in corporate governance. Raymond Lifestyle Limited shares closed at ₹1,009.60, down ₹29.65 or 2.85% on the BSE on January 5, 2026.

This appointment reflects Raymond Lifestyle Limited's commitment to strengthening its financial leadership with experienced professionals. Chathuar's extensive background in consumer industry operations, combined with his proven track record in business transformation and financial strategy, positions him well to contribute to the company's growth objectives and drive sustainable business growth.