Raymond Realty EGM approves capital hike and preferential issue
RAYMONDREL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.0 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
At the EGM on October 8, 2026, shareholders approved two resolutions: (1) increase in authorised share capital with consequent alteration to the Capital Clause of the MoA, passed as an Ordinary Resolution with 99.99 percent votes in favour (3.50 crore votes for, 469 against); and (2) Preferential Issue of Securities on a private placement basis, passed as a Special Resolution with 99.99 percent in favour (3.50 crore votes for, 948 against). Promoter group was interested in the preferential issue. About 2.19 lakh shareholders were on record date.
Paves the way for a potential fund raise via preferential allotment; could lead to equity dilution for existing public shareholders.