Raymond updates preferential warrant issue details for Minerva Ventures

Fund Raising View source PDF Explain this filing

RAYMOND · price

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Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹1096.00

prior close

₹1081.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-0.9% vs market

Industrial Products peers, median of 127sector-2.4%-0.8% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.8 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.8

10m

-1.1

15m

-1.4

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-2.3-0.9-2.4-0.8

Next day

-4.2-1.9-2.3-2.2-2.0

-0.7-0.2-0.4-0.3-0.3

-4.6-0.2-4.4-1.0-3.6

+1.1+0.5+0.6+0.3+0.8

+0.4pendingpending-2.2+2.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 127Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Raymond Limited is issuing 33,28,686 share warrants to Minerva Ventures Fund (public category, non-promoter) via preferential issue on private placement basis. Shareholders approved the issue at the EOGM on October 3, 2026. Post-issue holding revised slightly to 4.31% from 4.35% after including 6,35,499 outstanding ESOPs in the diluted calculation. No change in board or control. Stock exchanges had raised queries which the company has addressed.

Likely market impact

Minor equity dilution from warrants to a public category investor, around 4.31% post-issue holding. No control change. Awaiting in-principle approval.