Raymond Limited — M&A Activity 2024

Mar 6, 2024

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RL/SE /23-24/264

March 6, 2024

To

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

The National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor Bandra-Kurla Complex Bandra (East), Mumbai - 400051 Symbol: RAYMOND

Dear Sir/Madam,

Sub.: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

In continuation to our intimation vide letter no. RL/SE/23-24/169 dated November 3, 2023 and pursuant to Regulation 30 of the Listing Regulations, this is to inform that JK Files & Engineering Limited, wholly owned subsidiary of the Company has received a letter dated March 6, 2024, from Competition Commission of India (“CCI”) informing that CCI has considered the proposed combination and approved the same under Section 31(1) of Competition Act, 2002. The order of the Commission in this regard will follow.

A copy of the aforesaid letter received by the Company today at 6:18 p.m. is enclosed.

This is for your information and dissemination.

Thanking you.

Yours faithfully, For Raymond Limited

RAKESH Digitally signed by RAKESH MULJIBHAI MULJIBHAI DARJI Date: 2024.03.06 DARJI 21:42:46 +05'30'

Rakesh Darji Company Secretary

Encl.: as above

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Combination Registration No.: C-2023/12/1089

Fair Competition For Greater Good (!!� Ph.: +91-11-24664100, Fax: +91-11-20815022 6[1] 11[March��i�-cci.gov.in] COMPETITION COMMISSION OF INDIA �1xd1ll �fafY�f 3i1�1�1 'ijew'oMn1-f10023, INDIA By rif�1o�0 s�e'e�i��%�agar (East), tifi'�m•

Ms. Gauri Chhabra,

Shardul Amarchand Mangaldas, 24[th ] Floor- Express Towers, Nariman Point, Mumbai - 400021 Email: gauri.chhabra(amsshardul.com

Subject: Communication under sub-regulation (5) of Regulation 28 of the Competition Commission of India (Procedure in regard to transaction of business relating to combinations) Regulations, 2011

� � � �. 2002 (�) � om 6 � 3QURT (2) � � Gautam Maini, Sandeep Kumar Maini, Chetan Kumar Maini, Raymond Limited, JK Files & Engineering Limited, Ring Plus Aqua Limited, Maini Precision Products Limited Kmaini Motorspo11 India Limited and JK.FEL Tools and Technologies Limited � � � � � � (mfu=r ci-.nlcfi{UI "fr. �-2023/12/1089) f?;.- f 12.12.2023 � 3-ITT" � fcRir � 61

Reference is invited to the notice (bearing Registration No.C-2023/12/1089) dated 12.12.2023 jointly given by Gautam Maini, Sandeep Kumar Maini, Chetan Kumar Maini, Raymond Limited, JK Files & Engineering Limited, Ring Plus Aqua Limited, Maini Precision Products Limited Kmaini Motorsport India Limited and JKFEL Tools and Technologies Limited, under sub-section (2) of Section 6 of the Competition Act, 2002 (Act).

1. ��Jr, 3fN<fil � - c;qm �- " fcf:i<TT � 6 Pct,- 3nmaT � .w:ra:lT 06.03.2024 cfiT 3- < f81ci � Jr l,lfcilf<-lci .fi< Jlai � fcroR fcf:i<TT 3-tR � � � om 31 � 3QURT ([1)][� � }t.-iJ-tlf?;c1 � � 61] �

2. In this regard, you are hereby informed that the Commission, in its meeting held on 06.03.2024. considered the combination and approved the same under Section 31 (I) of the Act.

3. � � Jr 3nmaT cfiT 3-lR�T 3wm � art'r Fcl,m 0lT @ 61

3.· The order of the Commission in this regard will follow.

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