Raymond Limited Demerger - Update

Please note that the Board of Directors of the Company has approved the following by way of passing necessary Resolution by Circulation on May 01, 2025. The Scheme has become effective from May 01, 2025 post filing of e-Form INC-28 on close of business hours on April 30, 2025 with the Registrar of Companies, Pune and Mumbai and the Board considered and took on record the Effective date of the said Scheme. Fixation of the Record Date The Board of Directors of the Company has fixed Wednesday, May 14, 2025 as the Record Date for the purpose of determining the eligible shareholders of Demerged Company (RL) to whom the equity shares of the Resulting Company (RRL) would be allotted in terms of the Scheme. Entitlement Existing Raymond Ltd shareholders will receive 1 equity share of Raymond Realty Ltd for every 1 share held in Raymond Ltd. CMP - Rs.1541.75 MCAP – 10264.00 crore Ratio - “1 equity shares of Raymond Realty Limited for every 1 equity share of Raymond Limited.