Please find enclosed herewith the In-Principle approval letters received from BSE Limited and National Stock Exchange of India Limited dated May 12, 2026 for issue, allotment and listing ....
RAYMONDREL · price
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Raymond Realty Limited has received in-principle approval from both BSE Limited and National Stock Exchange of India Limited for issuing up to 1,380,588 equity shares of Rs. 10 each. These shares will be allotted to employees upon exercise of stock options under the 'Raymond Realty Employees Stock Option Plan 2025' (RRL ESOP 2025). The approvals are dated May 12, 2026, and are subject to conditions including regulatory compliance, receipt of statutory approvals, and proper notification to exchanges after actual allotment. This is a routine corporate disclosure required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This announcement indicates the company is progressing with its employee stock option plan. The dilutive impact is limited given the share count relative to total outstanding shares. No immediate impact on stock price expected, though ESOP issuances can have minor dilution effects.