Convertible into 66,57,373 equity shares of ₹10 each
Issue price: ₹614 per warrant
Allottees: Promoters
Approval Process
BSE Limited granted in-principle approval via letter ref: LOD/PREF/PB/FIP/997/2026-27 dated October 23, 2026
National Stock Exchange of India Limited granted in-principle approval via letter ref: NSE/LIST/57488 dated October 23, 2026
Approval follows previous intimations filed with exchanges:
RRL/SE/26-27/54 dated September 11, 2026 (Board Meeting outcome)
RRL/SE/26-27/57 dated September 15, 2026 (EGM Notice dispatch)
RRL/SE/26-27/64 dated October 8, 2026 (EGM proceedings)
RRL/SE/26-27/65 dated October 8, 2026 (Authorized capital increase approval)
RRL/SE/26-27/69 dated October 13, 2026 (Response to NSE clarifications)
Compliance Requirements
Company must ensure issue and allotment complies with Companies Act 2013, SCRA 1956, SEBI Act 1992, Depositories Act 1996, SEBI ICDR Regulations 2018, and SEBI LODR Regulations 2015
Must strengthen internal controls to monitor trades by proposed allottees
Must obtain undertaking from allottees confirming they will not:
Conduct intra-day trading in company scrip
Sell any shares in company scrip until allotment date
Responsibility solely on issuer company to verify compliance with Regulation 167(6) of SEBI ICDR regulations, 2018
Non-compliances may impact listing of shares
Listing Requirements
Listing application must be filed without delay after allotment with applicable fees under Regulation 14 of LODR Regulations
Application must be made within 20 days from date of allotment as per SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023
Non-compliance with timeline will attract fines as specified in SEBI circular
Additional Information
Information available on company website: www.raymondrealty.in
Company formerly known as Raymond Lifestyle Limited
Correspondence signed by Hiren Sonawala, Company Secretary
