In compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), Raymond has informed that the Board of Directors of Raymond at their meeting held today, i.e., Tuesday, January 27, 2026 has approved the Scheme of Amalgamation of Everblue Apparel Limited (‘EBAL’ or ‘Transferor Company’), wholly owned subsidiary with Raymond Limited (‘RL’ or ‘Transferee Company’) and their respective shareholders (‘Scheme’) pursuant to the provisions of Sections 230 to 232 and other applicable sections/ provisions, if any, of the Companies Act, 2013 and the Rules framed thereunder, subject to the requisite approvals and sanction of the jurisdictional bench of National Company Law Tribunal (‘NCLT’) and subject to the approval of shareholders and / or creditors of RL, Central Government, or such other competent authority as may be directed by the NCLT. The Meeting of the Board of Directors commenced at 11:30 am and concluded at 12:20 pm. The details as required under SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure A.
The above information is a part of company’s filings submitted to BSE.
