Outgoing Auditor:

Name of the Resigning Firm: M/s. Chaturvedi & Shah LLP, Chartered Accountants (FRN: 101720W/W100355)

Reason for Resignation: Not Specified (The firm was originally appointed to fill a casual vacancy caused by the resignation of a previous auditor)

Effective Date of Resignation: July 14, 2026 (upon conclusion of the 101st Annual General Meeting)

Date of Resignation Letter: Not Specified

Duration in Role: Not Specified (Appointed to fill casual vacancy, ceased at AGM conclusion)

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed:

Name of the New Audit Firm: M/s. Price Waterhouse, Chartered Accountants LLP

Firm Registration Number (FRN): 012754N/N500016

Term of Appointment and Validity: Five consecutive years, commencing from the conclusion of the 101st AGM (July 14, 2026) until the conclusion of the 106th AGM

Interim Appointment or Subject to Shareholder Approval: Appointment was approved by shareholders at the 101st Annual General Meeting held on July 14, 2026

Qualifications or Professional Standing: Price Waterhouse Chartered Accountants LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India. The firm was established in 1991 and converted into a limited liability partnership in 2014. Registered office at Sucheta Bhawan, 11A Vishnu Digambar Marg, New Delhi - 110 002 with seventeen branch offices across India. Primarily engaged in providing auditing and other assurance services. Member firm of Price Waterhouse & Affiliates (Network Registration No. NRN/E/14). Holds a valid peer review certificate and audits various companies listed on Indian stock exchanges.

Financial Implications: Not Specified

Board / Committee Meeting Details:

Date and Name of the Meeting: 101st Annual General Meeting held on Tuesday, July 14, 2026

Resolutions or Approvals: Shareholders approved the appointment of M/s. Price Waterhouse as Statutory Auditors

Regulatory Compliance Statement:

The intimation is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Delay in Disclosure: Not Specified (Filed on same day as AGM - July 14, 2026)

Other Corporate Information:

Company CIN: L17117MH1925PLC001208

Company Address: Jelegram, Polyton Road No.1, Thane (W)-400 606, Maharashtra, India

This intimation is available on the company website at www.raymond.in