Raymond Limited — Others, 21-12-2024: Copy of Newspaper Publication

Raymond Limited has announced a board meeting on January 25, 2025, for the equity shareholders and unsecured creditors concerning the Scheme of Arrangement between Raymond Limited and Raymond Realty Limited. The meeting will be conducted via video conferencing. The company is facilitating electronic communication of meeting notices to eligible participants and emphasizes the importance of registering email addresses to receive meeting details and e-voting instructions. This step is a crucial part of the demutualization process, indicating ongoing organizational changes that could enhance shareholder value, potentially driving positive sentiment among investors.