Raymond okays 66.57 lakh warrants issue to raise ₹331 crore via preferential allotment

The warrants will be issued at ₹497, including a premium of ₹487/warrant, by way of preferential issue on a private placement basis to JK Investors (Bombay) Ltd. Shares of Raymond Ltd ended at ₹559.15, up by ₹7.05, or 1.28%, on the BSE today, May 25.