Raymond Limited — AGM Information 2024

Jul 3, 2024

SECRETARIAL DEPARTMENT

Jekegram, Pokhran Road No.l, Thane (W). 400 606 Maharashtra, India CIN No : L17117MH1925PLC001208 Tel : (91-22) 4036 7000 I 6152 7000 Fax : (91-22) 2541 2805 www.raymond.in

RL/SE/24-25/74

July 3, 2024

To The Department of Corporate Services - CRD BSE Limited P.J. Towers, Dalal Street Mumbai - 400 001 Scrip Code: 500330

National Stock Exchange of India Limited Exchange Plaza, 5th Floor Bandra-Kurla Complex Bandra (East), Mumbai - 400 051 Symbol: RAYMOND

Dear Sir /Madam,

Sub: Newspaper Publication re23rdin� Record date

Pursuant to Regulation 30 of the Listing Regulations, please find enclosed copies of notice relating to Record date fixed by the Company for the Composite Scheme of Arrangement which were published today in Business Standard (English) and Ratnagiri Times (Marathi) newspapers in accordance with Regulation 47 ofthe Listing Regulations.

Please take the above disclosure on record.

Thanking you.

Yours faithfully,

Rakesh Darji Company Secretary

Encl.: as above

REGISTERED OFFICE

Plot No. 156/H No. 2, Village Zadgaon, Ratnagiri - 415 612, Maharashtra Tel: (02352) 232514 Fax: (023 52) 232 513

VARUN AGARWAL, JOSH FELMAN, THEERDHA SARA REJI & ARVIND SUBRAMANIAN New Delhi, 2 July

I t has now been seven years since the Goods and Services Tax (GST) was introduced. The transitional compensation mechanism has expired; the loans taken during Covid will soon be repaid; and the fate of the compensation cess needs to be decided. So now is a good time to review the GST's revenue performance and assess its future.

Our new research yields some findings that are relevant for the debate over the GST's future. In particular, it shows that the Centre has forgone substantial revenue over the past seven years, a contribution that has been overlooked in the often-heated discussion of GST performance. Until now, this contribution has neither been quantified, nor (perhaps for this reason) has it been generally appreciated.

The under-performance of GST revenues is key to understanding the extent of the Centre's contribution. As a result, the states have tapped the revenue guarantee that the Centre provided at the time of the tax's inception. This was done to convince the states, naturally anxious about giving up some fiscal sovereignty, to agree to the reform. And this, in turn, has meant that less GST revenue has flowed into the Centre's coffers.

Start with the data on GST revenue. It is true that gross collections have been extremely buoyant over the past few years (black line in Figure 1). But as we first pointed out last December in these pages, the more relevant net revenues-GDP ratio (red line) has only now converged to the revenues collected from equivalent taxes in the pre-GST regime. In 2023-24, net government GST revenues (both Centre and state, including the cess) amounted to ~18 trillion or 6.1 per cent of GDP, about the same as the pre-GST 2012-17 average (blue line).

The difference between gross collections and net revenues is explained by refunds, which the government has had to pay, mostly to reimburse exporters for the GST they had paid on their supplies. These refunds (data for which was first published in February 2024) are non-trivial in magnitude, amounting to ~1.8 trillion in 2023-24 or nearly half a percentage point of GDP.

Why have net revenues been

disappointing? Essentially, because many of the initial rates have been cut, especially between 2017-18 and 2019-20. Just to take a few examples, rates were reduced on electric appliances, fans, furniture, mobile phones, cosmetics, detergent, and even honey. For the period FY21 relative to FY18, Professor S Mukherjee of NIPFP estimates that the effective tax rate went down from 13.2 per cent to 10.8 per cent, resulting in a revenue loss of ~1.25 trillion.

Of course, there is a more positive way to describe revenue performance. One could say that the GST has managed to sustain government revenue, even as rates have been reduced, benefitting consumers. Improvements in collection efficiency and favourable composition effects towards imports — probably helped.

In any case, because overall revenue performance belied expectations, states have drawn heavily on the guarantee the Centre provided at the time of the 2017 reform, which assured states that their revenues would grow by 14 per cent annually for a period of five years. To fund the guarantee, a cess was introduced on "de-merit goods," such as tobacco, aerated drinks and motor vehicles. When Covid hit in 2020, economic activity and revenues collapsed, leaving the fund far short of the resources needed to fill the sizable revenue shortfalls in the states. In response, the fund borrowed about ~ 2.75 trillion, an amount which is now being repaid from cess collections.

Hence, cess collections were devoted to funding the 14 per cent compensation guarantee for the first five years, then repaying the loan in the last two years. The result was that virtually nothing was left for the Centre over the entire sevenyear transition.

Figure 2 shows the effect on the distribution of revenues. For the five years when the guarantee was still in effect, overall GST revenues declined (Figure 1) as well as those of the Centre (blue line in Figure 2), but the states enjoyed a small fiscal bonanza (red line). Then, in the most recent two years, when states also ceased to receive anything from the compensation cess, their revenues fell sharply even as overall GST

revenues boomed.

Clearly, then, the states gained from transition, while the Centre lost. But exactly how much were these gains and losses? Answering that question requires a framework, set out in the Table. We compare actual collections relative to two benchmarks: average revenues pre-GST; and the revenues if the pre-GST arrangements and associated buoyancy had remained in place during the GST transition period. Admittedly, making these comparisons involves some assumptions, but the results are reasonably robust (and described in our forthcoming paper).

Our framework suggests the Centre lost significant amounts of revenue because of the transitional arrangements, between 0.6 per cent and 1 per cent of GDP every year (depending on the comparison and assumptions) during the seven-year transition.

Meanwhile, the states gained between 0.2 per cent and 0.6 per cent of GDP annually, although it could have gained more if the states did not have to contribute to the repayment of Covid loans in the last two years. In addition to the compensation guarantee, the states also benefitted from getting access to the more buoyant services tax base. As can be seen in Figure 1, the Centre's revenues pre-GST were much more buoyant than the states. (Recall that under the previous arrangements, state indirect taxes fell mainly on goods, while only the Centre taxed services.)

Over the past few years, most commentators have rightly emphasised the tensions in Centre-state fiscal relations, pointing especially to the Centre's repeated recourse to nonsharable cesses. But against these actions should be set the experience of the GST, where the Centre made a large sacrifice on behalf of — and to the benefit of — the states. This example should not be ignored, for it is a shining example of cooperative federalism.

A more subtle conclusion emerges from this experience. We have long argued that as India becomes more integrated, the risk of common shocks affecting all the states rises. Covid was a perfect illustration. As a response to this market integration, the fiscal federal arrangements require more countercyclical transfers to the states that can borrow less easily than the Centre. Unwittingly, the 14 per cent compensation guarantee under the GST turned out to be a spectacular countercyclical transfer benefitting the states without which the Covid shock might have been devastating for their finances. That unintended consequence needs to become embedded as a feature not an accident of fiscal federalism.

This past is now prologue. Once the Covid-era loans are repaid, the GST will enter a new steady state. What should then happen to the compensation cess – and how will that decision affect the Centre and the states? We discuss these tomorrow.

Varun Agarwal and Theerdha Sara Reji are with CEGIS. Josh Felman is Principal JH Consulting. Arvind Subramanian is Senior Fellow, Peterson Institute for International Economics. Devashish Deshpande contributed to the analysis

GST REVENUES: PART 1

Centre's sacrifice for cooperative federalism

FIGURE 1. GST: GROSS COLLECTIONS VERSUS NET REVENUES, FY13-FY24 (% of GDP)

Source: NIPFP, RBI, and Budgets of Centre and states. Pre-GST revenues relate only to taxes subsumed under the GST. These revenues are overstated to the extent of the buildup of refunds, which were only cleared in the GST era. These refunds accumulated over time and cannot be easily quantified, but should not materially change our findings. FY24 refers to the financial year 2023-24 and so on

FIGURE 2. SHARING OF GST REVENUES, FY13-FY24 (% of GDP)

Source: GST Portal and RBI. Revised Estimates for FY24 have been adjusted to reflect the historical ratio of revenues (excluding the cess) accruing to the Centre and states. Due to rounding-up errors, figures in Figure 2 may not exactly match those in Figure 1

TABLE. GAINS AND LOSSES DURING TRANSITION, CENTRE AND STATES (% of GDP; average for FY18-FY24)

Benchmark	Centre	States
Benchmark 1. Relative to Pre-GST	-0.6%	0.2%
Benchmark 2. Relative to pre-GST buoyancy 1/	about -1.0%	0.6%

1. Because of the surge in the Centre's revenues in the years FY2015 and FY2016, the average buoyancy amounted to about 1.4 for the pre-GST regime, but this could be overstated because uncleared refunds overstate true revenues. Therefore, we assume that this buoyancy would have been in the more realistic range of 1-1.1 during the transition period

Over the past few years, most commentators have rightly emphasised the tensions in Centrestate fiscal relations, pointing especially to the Centre's repeated recourse to non-sharable cesses. But against these actions should be set the experience of the GST, where the Centre made a large sacrifice on behalf of — and to the benefit of — the states

10 TAKE TWO

th NOTICE OF 98 ANNUAL GENERAL MEETING TO THE SHAREHOLDERS OF THE INDIAN HUME PIPE COMPANY LIMITED Website : www.indianhumepipe.com

If your email ID is already registered with the Company/Depository, login details for e-voting are being sent to your registered email address.

a) Register your email-id for obtaining Annual Report and Login details for evoting.

th The Company has fixed Thursday, 25 July, 2024 as the '"cut-off date' for determining entitlement of members to cast their vote.

b)Receiving dividend/s directly in your Bank Account through Electronic Clearing Service (ECS) or any other means.

In case you have not registered your email address with the Company / Depository and/or not updated your Bank Account Mandate for receipt of dividend, please follow below instructions to do so:

The Company is providing remote e-voting facility (remote e-voting) to all its members to cast their votes on all resolutions set out in the Notice of the AGM. Additionally, the Company is providing the facility of voting through e-voting system during the AGM (e-voting). Detailed procedure for remote e-voting/ evoting is provided in the Notice of the AGM. The instructions for joining the AGM are provided in the Notice of the AGM. Members attending the meeting through VC/OAVM shall be counted for the purposeofreckoningthequorumunderSection103oftheCompaniesAct,2013.

The Ministry of Corporate Affairs ('MCA') vide its General Circular No. 14/2020 th th dated 8 April, 2020, General Circular No. 17/2020 dated 13 April, 2020, th General Circular No. 20/2020 dated 5 May, 2020, General Circular No. 22/2020 th th dated 15 June, 2020, General Circular No. 33/2020 dated 28 September, st 2020, General Circular No. 39/2020 dated 31 December, 2020, General th Circular No. 02/2021 dated 13 January, 2021, General Circular No. 19/2021 th th dated 8 December, 2021, General Circular No. 21/2021 dated 14 December, th 2021, General Circular No. 2/2022 dated 5 May, 2022, General Circular th No.11/2022 dated 28 December, 2022 and General Circular No. 09/2023 th dated 25 September, 2023 issued by Ministry of Corporate Affairs (MCA Circulars") and SEBI Circular No.SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated th 12 May 2020, Circular No.SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated th 15 January, 2021, Circular No.SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated th th 13 May, 2022,Circular No.SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated 5 January, 2023 and Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 th dated 7 October,2023 issued by the Securities and Exchange Board of India ('SEBI Circulars') permitted the Company to hold AGM through VC/OAVM without the physical presence of the Members at a common venue. In compliance with these MCA circulars and the relevant provision of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosures th Requirements) Regulations, 2015 and SEBI Circulars, the 98 AGM of the st Members of the Company will be held on Thursday, 1 August, 2024 at 2.30 p.m. (IST) through VC/OAVM facility provided by National Security Depository Limited ('NSDL') to transact the businesses as set out in the

th NOTICE is hereby given that the 98 Annual General Meeting ('AGM') of The Indian Hume Pipe Company Limited ('the Company') will be held on st Thursday, 1 August, 2024 at 2.30 p.m. (IST) through Video Conferencing ('VC') or other Audio Visual Means ('OAVM') to transact the business, set out in the Notice of AGM which is being circulated for convening the AGM.

Notice convening the AGM, which will be circulated in due course of time. In compliance with the Act, the Rules made thereunder and the above circulars, the Notice of the AGM along with the Annual Report for the Financial Year 2023- 24 will be sent only by electronic mode to those Members whose email addresses are registered with the Company/ Depositories. As per MCA th circulars and SEBI circulars, no physical copies of the 98 AGM Notice and Annual Report for the Financial Year 2023-24 will be sent to any

shareholder, except to those shareholders who have requested for the physical copy of the Annual Report 2023-24.

Members may note that the Notice of the AGM and Annual Report for 2023-24 will also be available on the Company's website www.indianhumepipe.com, websites of the Stock Exchanges i.e. BSE Ltd. and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively and the website of NSDL https://www.evoting.nsdl.com. Members can attend and participate in the AGM through the VC/OAVM facility only.

CIN : L51500MH1926PLC001255 Regd. Office: Construction House, 5, Walchand Hirachand Road, Ballard Estate, Mumbai 400 001 Tel:+91-22-22618091,+91-22-40748181, Fax:+91-22-22656863 E-mail:info@indianhumepipe.com, THE INDIAN HUME PIPE COMPANY LIMITED m

st Pursuant to applicable SEBI Circular, w.e.f.1 April, 2024, the Dividend to the shareholders will be paid by the Company through electronic mode only.

Members are requested to update their complete bank account details with their depositories in case the shares are held in demat mode and in case the shares are held in physical mode, by sending duly filled form ISR-1 along with necessary supporting documents to the Registrar and TransferAgent at M/s Link Intime India Pvt.Ltd, C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai 400083 on or before th 20 July,2024.

avail the tax treaty benefits by forwarding the above documents by email to ihpltaxexemption@linkintime.co.in. The aforesaid declaration and th documents need to be submitted by the shareholders on or before 20 July, 2024

By order of the Board The Indian Hume Pipe Company Ltd.

Sd/- S. M. Mandke Vice President - Company Secretary Place : Mumbai nd Date : 2 July, 2024

• ••••

% 7.0 6.8 6.6 6.4 6.2

5.8 5.6 5.4 5.2 5.0

CIN:L65993TN2004PLC052856

"Maithri", No.132, Cathedral Road, Chennai - 600086. Tel.: 044 2811 2472 / 73 E-mail: investorservices@ranegroup.com I Website: www.ranegroup.com

NOTICE TO THE SHAREHOLDERS OF THE COMPANY Sub: Compulsory Transfer of Equity Shares to Investor Education and Protection Fund Authority (IEPF)

NOTICE is hereby given pursuant to the provisions of Section 124 (6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the Rules") that, the Company is required to transfer by way of transmission all shares in respect of which dividend has not been paid or claimed by the shareholder for seven consecutive years or more to the Investor Education and Protection Fund Authority (IEPF).

Complying with requirements set out in the Rules, individual communications being sent to the concerned shareholders whose dividend remain unclaimed and shares are due for transfer and details of such shareholders along with number of shares, are being uploaded on the website www.ranegroup.com. Shareholders are requested to verify the details of un-encashed dividends and shares liable to be transferred to the IEPF Authority.

The unpaid/ unclaimed dividend for the Financial year 2D16-17 (Final) and corresponding shares are due for transfer within thirty days after September 30, 2024.Accordingly, concerned shareholder(s) are requested to make an application to the Company / Company's Registrar and Transfer Agent (RTA) well in advance before the said date, to enable processing of claims.

The Company shall proceed to initiate corporate action for transfer of shares to the IEPF Authority in respect of such shares without any further notice by

following the due process in the rules as under: i)Shares held in demat mode: by transfer of shares directly to de mat account of the I EPF Authority;

ii)Shares held in physical mode: by issuance of new share certificates and thereafter converting it into de mat and transferring to the demat account of the

IEPF Authority. The shareholders may note that the details uploaded by the Company on its website should be regarded and shall be deemed to be an adequate notice in respect of issue of new share certificate(s) by the Company for the purpose of transfer of shares to the IEPF Authority pursuant to the Rules. No Claim shall lie against the Company in respect of unclaimed dividend amount and shares transfenred to IEPF pursuant to the said Rules. Both the unclaimed dividend and corresponding shares transferred to the account of the IEPF Authority including all benefits accruing on such shares, if any, can be claimed back from the IEPFAuthorityafterfollowing the procedure prescribed in the Rules. Shareholders having any queries on the subject matter, may contact the Company's Registrar and Transfer Agent Mis. Integrated Registry Management Services Private Limited (SEBI Registration No. INR000000544), II Floor, Kences Towers, No. 1 Ramakrishna Street, T Nagar, Chennai - 600 017, Tel : 044-28140801 - 03 , E-mail : srirams@integratedindia.in

Chennai July 01 , 2024 For Rane (Madras) Limited S Subha Shree Secretary Registered Office: Plot No. 156/H. No. 2, Village Zadgaon, Ratnagiri - 415612, Maharashtra Tel: 02352-232514; Fax: 02352-232513 Email: oorp.secretarial@raymond.in; Website: www.raymond.in

INFORMATION REGARDING RECORD DATE NOTICE is hereby given that pursuant to Section 91 of the Companies Act, 2013 read with relevant Rules made thereunder and Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, July 11 , 2024 has been fixed as the Record Date for the purpose of deten11ining the eligible shareholders of Raymond Limited and Ray Global Consumer Trading Limited to whom the securities of Raymond Lifestyle Limited (formerly known as Raymond Consumer Care Limited) would be allotted in terms of the Scheme ("Record Date").

In terms of the sanctioned Scheme:

1. Each equity shareholder of Raymond Limited as on the Record Date, will be issued and allotted 4 (four) fully paid-up equity share(s) of INR 2 {Indian Rupees Two) each of Raymond Lifestyle Limited for every 5 (five) fully paid-up equity share(s) of INR 10 (Indian Rupees Ten) each of the Raymond Limited.

2. Each equity shareholder of Ray Global Consumer Trading Limited as on record date (other than itself) will be issued and allotted 2 (Two) equity share of Raymond Lifestyle Limited (fon11erly known as Raymond Consumer Care Limited) of INR 2 (Indian Rupees Two) each fully paid up for every 1 (One) fully paid-up equity share(s) of INR 10 (Indian Rupees ten) each fully paid up of Ray Global Consumer Trading Limited.

3. Fractional entitlement, Wany, shall be consolidated and sl otted to the Trustee (as defiled in the Scheme), who shall hold such shares in trust on behalf of the relevant security holders entitled to such fractional entitlements, for the specific purpose of selling the same in the market and on such sale, distribute to the relevant security holders in proportion to their respective fractional entitlements, the net sale proceeds of such shares (after deduction of applicable taxes and costs incurred and subject to withholding tax, if any). For RAYMOND LIMITED

Date: Tuesday, July 2, 2024

Place: Thane

Sd/-

RAKESH DARJI COMPANY SECRETARY

PIRAMAL PHARMA LIMITED

CIN: L24297MH2020PLC338592 tk p· I Regd. Office: Gr. Fir., Piramal Anania, Agastya Corporate Park, V p~r~~3mited Opp. Fire Brigade, Kamani Junction, LBS Marg, Kuna (West), Mumbai-400070. Tel No.: +91-22-3802 3000/4000; Emall Id: shareholders.ppl@piramal.com: Website: www piramalpharma.com

NOTICE OF THE 4T" ANNUAL GENERAL MEETING AND

E-VOTING INFORMATION NOTICE is hereby given that the 41" Annual General Meeting ('AGM') of the Members of Piramal Pharma Limited ('the Company') will be held on Friday, 26"' July, 2024 at 3:00 p.m. (1ST) through Video Conference ('VC') / Other Audio Visual Means ('OAVM'), to transact the businesses set out in the Notice of the AGM.

In accordance with the General Circular No. 14/2020 issued by the Ministry of Corporate Affairs dated 8"' April, 2020 and subsequent circulars issued in this regard , lhe latest one being General Circular No. 09/2023 dated 25"' September, 2023 (collectively referred to as 'MCA Circulars') and the Securities and Exchange Board of India Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12'" May, 2020 and subsequent circulars issued in this regard, the latest one being SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated 71" October, 2023 (collectively referred to as 'SEBI Circulars'), Notice of the 4"' AGM along with the Annual Report for financial year 2023-24 has been sent only through electronic mode on Tuesday, 2"' July, 2024 to those Members whose e-mail addresses are registered with the Company/Depository Participants ('DPs')/Link lntime India Private Limited, Registrar and Share Transfer Agent of the Company ('Link lntime').

The Notice of the AGM along with the Annual Report are available on the website of the Company under 'Annual Reports' tab at https://www.piramalpharrna.com/financial-reoorts, website of National Securities Depository Limited ('NSDL') at www.evoting.nsdl.com and on the websites of the Stock Exchanges i.e. BSE Limited ('BSE') at www bsejndia com and the National Stock Exchange of India Limited ('NSE') at www.nseindia.com.

lnstructjons tor Remote e-voting and E-votjng at the AGM·

Pursuant to Section 108 of Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings issued by The Institute of Company Secretaries of India, each as amended from time to time:

• 1. The Company is pleased to offer to its Members, facility of remote e-voting and e-voting during the AGM to exercise their right to vote on the resolutions proposed to be passed at the AGM and for this purpose, the Company has engaged the services of NSDL to facilitate voting through electronic means. The manner of remote e-voting for Members who have registered their e-mail addresses and for Members who have not registered their e-mail addresses is provided in the Notice of the AGM. Instructions for attending the AGM through VC/OAVM is also provided in the Notice of the AGM.
• 1. The remote e-votlng will commence on Tuesday, 23"' July, 2024 at 9:00 a.m. (1ST) and will end on Thursday,

25"' July, 2024 at 5:00 p.m. (1ST) and thereafter the remote e-voting module shall be disabled by NSDL. A person, whose name appears in the Register of Members/List of Beneficial Owners maintained by the Depositories as on the cut-off date i.e. Friday, 19'" July, 2024 shall be entitled to avail the facility of remote e-voting as well as e-voting at the AGM. The voting rights of shareholders shall be in proportion to their shares in the paid-up equity share capital of the Company as on the cut-off date. A person who is not a Member as on the said cut-off date should treat this Notice for information purposes only. 3. In case of non-individual Members, who acquire shares of the Company and become Members of the Company after dispatch of the Notice of the AGM and hold shares of the Company as on the cut-off date, may send a request by writing to NSDL at evoting@nsdl.co.in or rnt.helpdesk@linkintime.co.in for obtaining user Id and password for casting their votes and in case of individual Members, steps mentioned in Notice of the AGM may be followed . However, Members already registered with NSDL for remote e-voting, can use their existing user Id

and password for casting their vote. 4. Mr. Bhaskar Upadhyay, Practising Company Secretary (Membership No. FCS 8663/C.P No. 9625) failing him Mr. Bharat Upadhyay, Practising Company Secretary (Membership No. FCS 5436/C.P No. 4457) of NL Bhatia & Associates, Practising Company Secretaries, has been appointed as the Scrutiniser to scrutinise thee-voting process in a fair and transparent manner.

1. Members will be able to cast their votes during the AGM if they have not availed the remote e-voting facility. The procedure for e-voting at the AGM is similar to the procedure for remote e-voting. Members who have voted through remote e-voting will be eligible to participate in the AGM and their presence shall be counted for the purpose of quorum, however, such Members shall not be entitled to cast their vote again at the AGM.

2. Members whose e-mail IDs are already registered with their respective DP or the Company/ Link lntime may follow the instructions fore-voting as provided in the Notice of the AGM. Members whose e-mail IDs are not registered with their DP or the Company/ Link Inti me shall follow the process as mentioned in the Notice of the AGM for procuring User ID and Password and registration of e-mail IDs fore-voting.

3. The result of e-voting shall be declared within the stipulated time under applicable laws. The results declared along with the Scrutinizer's Report shall be placed on the Company's website www.piramalpharma.com and on the website of NSDL www.evoting.nsdl.com and communicated to the Stock

Exchanges viz. NSE and BSE. 8. Pursuant to the Finance Act, 2020, dividend paid or distributed by the Company w.e.f. 1•1 April 2020, shall be taxable in the hands of the Members and the Company shall be required to deduct the Tax at Source (TDS) at the prescribed rates from the dividend. A communication in this respect and the procedure to submit the tax related documents, latest by Friday, 5th July 2024, 6:00 p.m. (1ST), was sent to the Members of the Company and the same can be accessed on the Company's website under 'Dividend Tab' at https://www.piramalpharrna.com/shareholder-

informatjon. In case of any queries with respect to remote e-voting or e-voting at the AGM, you may refer the Frequently Asked Questions (FAQs) for shareholders and the e-voting user manual for shareholders available in the download section of www.evoting.nsdl.com or call on the toll-free no.: 022- 4886 7000 or send a request to Ms. Prajakta Pawle - Executive, NSDL at evoting@nsdl.com or at NSDL, 4'" Floor, 'A' Wing, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Pare!, Mumbai - 400 013.

For Piramal Pharma Limited
Sd/-
Tanya Sanish	Place : Mumbai
Company Secretary	Date : 2"' July, 2024

बुधवार दि. ३ जुलै २०२४

(सीआयएन: L17117MH1925PLC001208) र्नोंदणीकृत कार्यालय: प्लॉट क्रमांक १५६/एच, क्रमांक २, मौजे झाडगाव, रत्नागिरी - ४१५६१२, महाराष्ट्र दुरध्वनी क्रमांक : ०२३५२-२३२५१४, फॅक्स क्रमांक : ०२३५२-२३२५१३ ईमेल : corp.secretarial@raymond.in; संकेतस्थळ : www.raymond.in

रेकॉर्ड तारखेची सूचना

याद्वारे कळविण्यात येते की, कंपनी कायदा २०१३ चे कलम ९१ च्या अनुसार तसेच त्यासह आणि त्या अंतर्गत बनविण्यात आलेले विविध नियम आणि सेबी (लिस्टिंग ऑब्लिगेशन्स अँड डिस्क्लोजर रिक्वायरमेंट्स) अधिनियम २०१५ चा अधिनियम ४२ च्या अनुसार रेमंड लिमिटेड, आणि रे ग्लोबल कन्ड्युमर ट्रेडिंग लिमिटेड यांच्या समभागधारकांची पात्रता निश्चित करण्यासाठी आणि रेमंड लाइफस्टाइल लिमिटेड (यापूर्वीची ओळख रेमंड कन्झ्युमर केअर लिमिटेड) यांच्या प्रतिभूती वितरित करण्यासाठी ११ जुलै २०२४ ही तारीख रेकॉर्ड तारीख म्हणून निश्चित करण्यात आली आहे (''रेकॉर्ड तारीख") मंजूर योजनेच्या अटी:

• 1. रेकॉर्ड तारीख रोजी रेमंड लिमिटेड यांच्या प्रत्येक इक्विटी समभागधारकाला रेमंड लिमिटेडच्या १० (भारतीय रुपयात दहा) रुपये मूल्य असलेल्या ५ (पाच) फुल्ली पेड समभागांसाठी रेमंड लाइफस्टाइल लिमिटेड यांचे रु. २ (भारतीय रुपये दोन) मूल्य असलेले ४ (चार) फुल्ली पेड अप इक्विटी समभाग जारी करण्यात येणार आहेत.
• $\overline{\mathcal{E}}$ रेकॉर्ड तारीख रोजी रे ग्लोबल कन्इयुमर ट्रेडिंग लिमिटेड यांच्या प्रत्येक इकिटी समभागधारकाला रे ग्लोबल कन्झ्युमर ट्रेडिंग लिमिटेड यांच्या १० ( भारतीय रुपयात दहा ) रुपये मूल्य असलेल्या १ (एक) फुल्ली पेड अप समभागांसाठी रेमंड लाइफस्टाइल लिमिटेड यांचे (यापूर्वीची ओळख रेमंड कन्इयुमर केअर लिमिटेड) रु. २ (भारतीय रुपये दोन) मूल्य असलेले २ (दोन) फुल्ली पेड अप इक्विटी समभाग जारी करण्यात येणार आहेत.
• 1. फ्रॅंक्शनल एंटायटलमेंट असल्यास ती एकत्रित करण्यात येईल आणि ट्रस्टीज यांना (केल्याप्रमाणे) वितरित करण्यात येईल जे असे समभाग संबंधित फ्रॅक्शनल एंटायटलमेंटसाठी पात्र असलेल्या प्रतिभूती धारकांच्या बतीने बाजारात विक्रीच्या विशिष्ट उद्देश्याने ट्रस्टमध्ये धारण करतील आणि अशा विक्रीनंतर संबंधित समभागांच्या विक्रीतून संकलित झालेली निव्वळ रकम संबंधित प्रतिभूती धारकांना त्यांच्या फ्रॅंक्शनल एंटायटलमेंटच्या प्रमाणात वितरित करतील. (लागू असलेले कर आणि शुल्क बजा करून तसेच असल्यास कर घारणेस अधीन राहून )

दिनांक : मंगळवार, ०२ जुलै २०२४ स्थळ : ठाणे

रेमंड लिमिटेड यांच्या करिता सही $/$ – राकेश दर्जी कंपनी सेक्रेटरी