Announced Tue, 27 Oct, 2026 · 17:27 IST
No deviation in use of preferential warrant issue proceeds
RAYMOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Raymond raised Rs 82.72 crore as 25% upfront subscription for 66,57,373 convertible warrants on July 9, 2026. Of the Rs 248.16 crore issue plan, Rs 82.72 crore was used by September 30, 2026, with no deviation from the approved purpose. Unused funds were held in mutual funds and fixed deposits pending deployment. The Audit Committee and Board reviewed the statement.
Likely market impact
Neutral for shareholders: the filing confirms that funds were used as planned, while the remaining money is temporarily parked and awaits deployment.