Raymond updates preferential issue details after exchange queries

Raymond Limited is updating details of its preferential issue of share warrants on private placement basis after stock exchanges raised queries. Shareholders approved the issue at an EOGM on June 18, 2026. The company clarified floor price is based on a valuation report and revised pre and post shareholding pattern to include outstanding ESOPs. Post-issue promoter holding rises from 48.87% to 53.07%, and allottee JK Investors (Bombay) increases from 29.83% to 35.91%. Total share count moves from about 6.66 crore to 7.38 crore shares on fully diluted basis.