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Raymond Realty Limited allotted warrants to J K Investors, increasing their stake to 35.99%
04-Nov-2026, 08:55
Raymond Realty Limited announced the allotment of 66,57,373 convertible warrants to J K Investors (Bombay) Limited on a private placement basis, according to a filing with the National Stock Exchange of India Limited and BSE Limited on November 4, 2026. Each warrant is convertible into one fully paid-up equity share at a price of Rs 614, including a premium of Rs 604, with an upfront subscription amount of Rs 153.50 received per warrant, representing 25% of the total issue price. Following the allotment, J K Investors (Bombay) Limited’s shareholding will increase from 29.83% to 35.99% on a fully diluted basis.