Raymond Limited

rs,

E/23-24/18 April 27, 2023 To The Department of Corporate Services - CRD BSE Limited P.J. Towers, Dalal Street Mumbai - 400 001 Scrip Code: 500330 Dear Sir/Madam Sub: Raymond Limited – Investo

₹ 2,825

Consumer Care Ltd (GCPL) • RCCL to be a pure play listed Lifestyle business • Consideration of ₹ 2,825 cr at 5.4 times annual sales FY22: ₹ 524 cr • Proceeds to be utilized to repay debt • Raymond Grou

₹ 524

ure play listed Lifestyle business • Consideration of ₹ 2,825 cr at 5.4 times annual sales FY22: ₹ 524 cr • Proceeds to be utilized to repay debt • Raymond Group to be net debt free Raymond Consolidat

₹ 2,022

to be utilized to repay debt • Raymond Group to be net debt free Raymond Consolidated Gross debt: ₹ 2,022 Cr & Net debt: ₹ 932 Cr (Dec-22) listed entities with significant liquidity surplus available for

₹ 932

debt • Raymond Group to be net debt free Raymond Consolidated Gross debt: ₹ 2,022 Cr & Net debt: ₹ 932 Cr (Dec-22) listed entities with significant liquidity surplus available for growth • Raymond Lt

₹ 1,400 Crore

saction into the Lifestyle business • With this transaction, Promoter shall have invested around ₹ 1,400 Crores through asset monetization reflecting commitment towards Raymond Group *RCCL is an Associate o

47.66%

tment towards Raymond Group *RCCL is an Associate of Raymond Ltd with shareholding - Raymond Ltd: 47.66%, Promoter Group: 49.68% and Public shareholders: 2.66% 3 Corporate Initiative DE- MERGER INITIA

49.68%

oup *RCCL is an Associate of Raymond Ltd with shareholding - Raymond Ltd: 47.66%, Promoter Group: 49.68% and Public shareholders: 2.66% 3 Corporate Initiative DE- MERGER INITIATIVE Lifestyle Busines

2.66%

aymond Ltd with shareholding - Raymond Ltd: 47.66%, Promoter Group: 49.68% and Public shareholders: 2.66% 3 Corporate Initiative DE- MERGER INITIATIVE Lifestyle Business DELEVERAGING INITIATIVE Sell

50%

ess 4 Snapshot of Demerged Businesses Raymond Limited Real estate Engineering Denim Business (50% JV) Branded Textile Branded Apparel Garmenting High Value Cotton Shirting Raymond Consumer

₹2,825

masutra and Premium to GCPL ▪ Consideration at 5.4 times to sales FMCG Revenue FY22: ₹ 524 Cr ₹2,825 Cr Proceeds To be utilized to REPAY DEBT of Raymond RAYMOND GROUP to be NET DEBT FREE* ** ^ RC