11-Sept-2026 18:00:23
RAYMONDRELIPO
RAYMOND RAISED RS 70 CR FUNDS FROM QIB @ ₹614/SHARE
• Raymond Realty Limited board approved raising of funds through a preferential issue of 66,57,373 convertible warrants at ₹614/- per warrant to JK Investors (Bombay) Limited. • The issue price includes a premium of ₹604/- per warrant, aggregating up to ~₹409 crore. • Warrants carry entitlement to 1 equity share of face value ₹10/- each at ₹614/- per share. • Warrants convertible within 18 months from allotment date; unconverted warrants shall lapse, and consideration paid towards them shall stand forfeited. • Board also approved increase in authorised share capital from ₹70 Cr to ₹75 Cr.
Raymond Realty Ltd
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