Raymond Limited — Others, 28-11-2024: Loss of Share Certificates

Raymond Limited has provided notifications regarding the loss of share certificates by several shareholders, as communicated by their Registrar and Share Transfer Agent. In total, various holders reported losses involving multiple certificates, requiring the issuance of 'Letters of Confirmation' once necessary formalities are completed. This situation may introduce operational delays in share transactions, impacting liquidity. Investors should monitor how this may affect sentiments around share stability and governance, with a neutral impact expected until further clarity is provided.