Meeting Details

  • Date of Meeting: June 18, 2026
  • Type of Meeting: Extraordinary General Meeting (EGM)
  • Meeting Time: 02:00 PM to 02:34 PM
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means
  • Record Date: June 11, 2026

Proposed Resolution and Implications

The single resolution proposed was a Special Resolution for "Preferential Issue of Securities on a Private Placement basis." The approval allows the company to proceed with issuing securities through private placement to selected investors.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Available from June 13, 2026 (09:00 AM) to June 17, 2026 (05:00 PM) via NSDL
  • Electronic voting at EGM: Available for members attending through VC/OAVM who didn't participate in remote e-voting

Key Voting Outcomes

Overall Voting Results:

  • Total shareholders on record date: 283,877
  • Total votes cast: 36,762,449 shares (55.22% of outstanding shares)
  • Votes in favor: 35,422,608 shares (96.36%)
  • Votes against: 1,339,841 shares (3.64%)
  • Invalid votes: 0

Category-wise Breakdown:

Promoter and Promoter Group:

  • Shares held: 32,534,100
  • Votes cast: 32,526,050 (99.98% of shares held)
  • Votes in favor: 100% (32,526,050 shares)
  • Votes against: 0%

Public Institutions:

  • Shares held: 7,790,301
  • Votes cast: 4,193,939 (53.84% of shares held)
  • Votes in favor: 68.28% (2,863,708 shares)
  • Votes against: 31.72% (1,330,231 shares)

Public Non-Institutions:

  • Shares held: 26,249,330
  • Votes cast: 42,460 (0.16% of shares held)
  • Votes in favor: 77.37% (32,850 shares)
  • Votes against: 22.63% (9,610 shares)

Attendance:

  • Shareholders present through VC: 53 (7 Promoter Group, 46 Public)
  • No shareholders present in person or through proxy

Scrutinizer's Role and Findings

Scrutinizer Details:

  • Name: Dinesh Kumar Deora of DM & Associates Company Secretaries LLP
  • Appointment Date: May 25, 2026 (Board Meeting)
  • Report Issuance Date: June 18, 2026

Scrutinizer's Conclusions:

  • Confirmed the e-voting process was conducted fairly and transparently
  • Verified compliance with Companies Act, 2013 and SEBI LODR Regulations
  • Certified that Resolution No. 1 passed with requisite majority
  • All voting records maintained under safe custody

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (LODR) Regulations, 2015 (Regulation 30 and 44)
  • Companies Act, 2013 and Rules thereunder
  • MCA General Circulars regarding virtual meetings
  • SEBI circulars on e-voting requirements

Additional Information

  • The voting results and scrutinizer's report are available on the company's website (www.raymond.in) and NSDL's website (www.evoting.nsdl.com)
  • Public announcement of the EGM was made in Business Standard (English) and Ratnagiri Times (Marathi) on May 28, 2026
  • The company's registered office: Plot No. 156/H, No. 2, Village Zadgaon, Ratnagiri, Maharashtra-415612