RAYMONDNSERaymond Limited· Textile ProductsLowNeutral
Announced Mon, 4 Aug · 18:59 IST

Raymond Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 04, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

RAYMOND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raymond Limited held its 100th AGM on August 4, 2025 via video conferencing (11:30 AM to 12:33 PM), with 92 shareholders attending remotely out of 3,08,248 on record date. All three ordinary resolutions were passed with requisite majority: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025 was approved with 99.99% votes in favour (only 2,241 votes against); (2) re-appointment of Mr. Gautam Hari Singhania (promoter, DIN: 00020088) as Director, who retires by rotation, was approved with 98.18% in favour (7,28,500 votes against, promoter marked as interested); and (3) appointment of M/s. DM & Associates, Company Secretaries LLP as Secretarial Auditor was approved with 96.67% in favour (13,36,247 votes against). Total voting participation was approximately 60% of outstanding shares, with institutional shareholders polling around 61%.

Likely market impact

This is a routine procedural disclosure confirming smooth shareholder approval of all AGM items. All resolutions passed with overwhelming majority, suggesting no meaningful governance friction. Promoter Gautam Singhania's re-appointment retains leadership continuity, and the auditor appointment saw marginally higher dissent (~3.3%) but remains well within comfortable passage. No material impact on share price is expected.