Raymond Limited has informed the Exchange regarding 'Letter to shareholders regarding AGM of the Company'.
RAYMOND · price
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Raymond Limited has sent a letter to shareholders who have not registered their email addresses, informing them about the company's 100th Annual General Meeting (AGM) scheduled for August 4, 2025, at 11:30 AM via video conferencing. The letter provides weblinks and QR codes to access the Annual Report for FY 2024-25 on the company's website. It also reminds physical shareholders to update their KYC details (PAN, address, mobile number, bank account, specimen signature, and nomination) with the Registrar and Transfer Agent (MUFG Intime India). The company noted that its Lifestyle and Realty businesses were demerged into Raymond Lifestyle Limited and Raymond Realty Limited between July 2024 and May 2025, with corresponding shares credited to an Escrow Account for physical shareholders. E-voting for the AGM will run from July 31, 2025 (9:00 AM) to August 3, 2025 (5:00 PM), with a cut-off date of July 28, 2025.
This is a routine AGM-related regulatory communication with no direct impact on stock price. Shareholders holding shares in physical form should update KYC and email details promptly to ensure they receive dividends electronically and can participate in e-voting. Physical shareholders from the demerged Lifestyle and Realty businesses should dematerialise their holdings to claim Raymond Lifestyle and Raymond Realty shares currently held in escrow.