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Raymond Limited — QIP/Rights/Pref., 09-07-2026: Allotment of Securities
09-07-2026 | 06:17 pm
09-07-2026 | 06:17 pm
Raymond's Board allotted 6.66 Cr convertible warrants to promoter JKIB at ₹497/share. ₹82.72 Cr raised upfront. Full conversion brings ₹330.81 Cr total & boosts JKIB holding from 29.83% to 35.91%. Positive for fund infusion and promoter confidence.
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