04-Nov-2026 20:38:03

RAYMOND REALTY : ALLOTS 66.57 LAKH CONVERTIBLE WARRANTS TO J K INVESTORS AT ₹614/WARRANT

• Board approved allotment of 66,57,373 share warrants to J K Investors (Bombay) Limited on private placement basis • Each warrant convertible into 1 fully paid equity share at ₹614 each, including premium of ₹604 per warrant • Upfront subscription of ₹153.50 per warrant received, being 25% of total issue price; balance 75% payable within 18 months • JKIB holding to rise to 35.99% on fully diluted basis post conversion from 29.83% pre-preferential issue • Allotment has no impact on total paid-up share capital until actual conversion of warrants

Raymond Realty Limited

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