Announced Fri, 6 Nov, 2026 · 18:16 IST
NSE and BSE approve preferential convertible warrant issue in principle
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
NSE and BSE granted in-principle approval for Raymond's preferential issue of 33,28,686 convertible warrants to non-promoters. Each warrant can convert into one Rs 10 equity share at an issue price of at least Rs 645. Approval remains subject to statutory clearances, allotment formalities and a listing application.
Likely market impact
The issue advances and could dilute shareholders when converted, subject to allotment, listing and other approvals. No confirmed discount or premium is stated.