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CIN : L17117MH1925PLC001208

Registered Office: Plot No.156/H. No.2, Village Zadgaon, Ratnagiri 415 612, Maharashtra
Tel: 02352-232514, Fax: 02352-232513, Email: corp.secretarial@raymond.in, Website: www.raymond.in

NOTICE
90th ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN THAT THE NINETIETH ANNUAL GENERAL Messrs R. Nanabhoy & Co., Cost Accountants, (Firm
MEETING OF THE MEMBERS OF RAYMOND LIMITED WILL BE HELD Registration Number 7464), appointed by the Board of
ON MONDAY, JUNE 8, 2015 AT 11.00 A.M. AT THE REGISTERED Directors of the Company to conduct the audit of the cost
OFFICE OF THE COMPANY AT PLOT NO.156/H.NO.2, VILLAGE records of the Company’s Textile manufacturing units at
ZADGAON, RATNAGIRI - 415 612, MAHARASHTRA TO TRANSACT Vapi, Chhindwara and Jalgaon, be paid a remuneration,
THE FOLLOWING BUSINESS: for the Financial Year ending March 31, 2016, amounting to
ORDINARY BUSINESS: ` 3,50,000 plus service tax as applicable and re-imbursement
of out of pocket expenses incurred by them in connection
1. To consider and adopt: with the aforesaid audit.”
(a) the Audited Financial Statements of the Company 6. Adoption of new Articles of Association of the Company
for the financial year ended March 31, 2015, the containing regulations in conformity with the Companies
Reports of the Board of Directors and the Auditors Act, 2013:
thereon; and
To consider and if thought fit, to pass with or without
(b) the Audited Consolidated Financial Statements modification(s), the following as a Special Resolution:
of the Company for the financial year ended
March 31, 2015. “RESOLVED THAT pursuant to the provisions of Sections 5, 14
and other applicable provisions, if any, of the Companies
2. To declare dividend on Equity Shares. Act, 2013, read with the Companies (Incorporation)
3. To appoint a Director in place of Shri H. Sunder Rules, 2014 (including any statutory modification(s) or re-
(DIN 00020583), who retires by rotation and is eligible for enactment thereof, for the time being in force), rules and
re-appointment. regulations made thereunder, the enabling provisions
of the memorandum and articles of association of the
4. To consider and if thought fit, to pass with or without
Company and subject to the requisite approvals, consents,
modification(s), the following resolution as an Ordinary
permissions and/or sanctions as may be required, if any, the
Resolution:
draft regulations contained in the Articles of Association
“RESOLVED THAT pursuant to the provisions of Sections submitted to this meeting and duly initialled be and are
139 to 142 and other applicable provisions, if any, of the hereby approved and adopted in substitution, and to the
Companies Act, 2013, read with the Companies (Audit and entire exclusion, of the regulations contained in the existing
Auditors) Rules, 2014 (including any statutory modification(s) Articles of Association of the Company;
or re-enactment thereof, for the time being in force), Messrs
RESOLVED FURTHER THAT the Board of Directors of the
Dalal & Shah, Chartered Accountants, (Firm Registration
Company and/or Shri Thomas Fernandes, Company
Number 102021W), be and are hereby re-appointed as
Secretary be and are hereby severally authorised to do all
Auditors of the Company, to hold office from the conclusion
acts and take all such steps as may be necessary, proper or
of this meeting until the conclusion of the next Annual
expedient to give effect to this resolution.”
General Meeting of the Company on such remuneration as
agreed upon by the Board of Directors and the Auditors, By Order of the Board of Directors
in addition to the reimbursement of service tax and actual
out-of-pocket expenses incurred in connection with the
audit of accounts of the Company for the financial year Registered Office: Thomas Fernandes
ending March 31, 2016; Plot No. 156/H. No. 2, Director – Secretarial &
RESOLVED FURTHER THAT the Board of Directors of the Village Zadgaon, Company Secretary
Company and/or Shri Thomas Fernandes, Company Ratnagiri 415 612, Maharashtra
Secretary be and are hereby severally authorised to do all
April 29, 2015
acts and take all such steps as may be necessary, proper or
expedient to give effect to this resolution.” Mumbai

SPECIAL BUSINESS: Notes:


5. Approval of Cost Auditor’s remuneration: 1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING
IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE
To consider and if thought fit, to pass with or without INSTEAD OF HIMSELF/HERSELF AND THE PROXY NEED NOT BE
modification(s), the following as an Ordinary Resolution: A MEMBER OF THE COMPANY. A person can act as proxy
“RESOLVED THAT pursuant to the provisions of Section 148 on behalf of members not exceeding fifty (50) and holding
and other applicable provisions, if any, of the Companies in the aggregate not more than ten percent of the total
Act, 2013, read with the Companies (Audit and Auditors) share capital of the Company. A member holding more
Rules, 2014 (including any statutory modification(s) or than ten percent of the total share capital of the Company
re-enactment(s) thereof, for the time being in force), carrying voting rights may appoint a single person as proxy
and such person cannot act as a proxy for any other person

Notice 1
or shareholder. Proxies in order to be effective, should be has uploaded the details of unpaid and unclaimed amounts
deposited at the Registered Office of the Company, duly lying with the Company on June 10, 2014 (date of the last
completed and signed, not less than 48 hours before the Annual General Meeting) on the website of the Company
commencement of the Meeting. A Proxy Form is sent (www.raymond.in), as also on the website of the Ministry of
herewith. Proxies submitted on behalf of the companies, Corporate Affairs (www.mca.gov.in).
societies etc., must be supported by an appropriate 10. Electronic copy of the Annual Report for the year
resolution/authority, as applicable. 2014-15 is being sent to all the members whose email IDs
2. The Explanatory Statement pursuant to Section 102 of the are registered with the Company/Depository Participants(s)
Companies Act, 2013, in respect of the Special Business at and have given their positive consent to receive the same
Item Nos. 5 and 6 of the accompanying Notice are annexed through electronic means. Members other than above,
hereto. physical copies of the Annual Report is being sent in the
3. A statement giving the details of the Director seeking re- permitted mode.
appointment under Item No.3 of the accompanying Notice, 11. Electronic copy of the Notice of the 90th Annual General
as required by Clause 49 of the Listing Agreement entered Meeting of the Company inter alia indicating the process
into with the Stock Exchanges is annexed herewith. and manner of e-voting along with Attendance Slip and
4. Corporate Members intending to send their authorised Proxy Form are being sent to all the members whose email IDs
representatives to attend the Meeting pursuant to are registered with the Company/Depository Participants(s)
Section 113 of the Companies Act, 2013 are requested and have given their positive consent to receive the same
to send to the Company a certified copy of the relevant through electronic means. Members other than above,
Board Resolution together with their respective specimen physical copies of the Notice of the 90th Annual General
signatures authorising their representative(s) to attend and Meeting of the Company inter alia indicating the process
vote on their behalf at the Meeting. and manner of e-voting along with Attendance Slip and
Proxy Form are being sent in the permitted mode.
5. Relevant documents referred to in the accompanying
Notice and in the Explanatory Statements are open for 12. Members may also note that the Notice of the
inspection by the Members at the Company’s Registered 90th Annual General Meeting and the Annual Report for
Office on all working days (except Saturdays, Sundays 2015 will also be available on the Company’s website
and Public Holidays) between 11.00 a.m. to 1.00 p.m. upto www.raymond.in for their download. The physical copies
the date of this Annual General Meeting. of the aforesaid documents will also be available at the
Company’s Registered Office in Ratnagiri for inspection
6. The Register of Members and Share Transfer Books of the during normal business hours on working days. Even after
Company will remain closed from May 29, 2015 to June 8, registering for e-communication, members are entitled to
2015 (both days inclusive), for determining the names of receive such communication in physical form, upon making
members eligible for dividend on Equity Shares, if declared a request for the same, free of cost. For any communication,
at the Annual General Meeting. the shareholders may also send request to the Company’s
7. The dividend on Equity Shares, if declared at the Annual investor email id: corp.secretarial@raymond.in.
General Meeting, will be payable on or after June 9, 2015 13. Voting through electronic means:
to those members:
Pursuant to Section 108 of the Companies Act, 2013
(a) whose names appear as Members in the Register read with Rule 20 of the Companies (Management and
of Members of the Company after giving effect to Administration) Rules, 2014, as amended from time to time,
valid share transfers in physical form lodged with the Company is pleased to provide its members the facility
the Company/ Registrar and Transfer Agent on or of ‘remote e-voting’ (e-voting from a place other than
before May 28, 2015; and venue of the AGM) to exercise their right to vote at the
(b) whose names appear as Beneficial Owners in the 90th Annual General Meeting (AGM). The business may be
list of Beneficial Owners on May 28, 2015 furnished transacted through e-voting services rendered by Central
by National Securities Depository Limited (NSDL) and Depository Services (India) Limited (CDSL).
Central Depository Services (India) Limited (CDSL) The facility for voting, either through electronic voting system
for this purpose. or through ballot/polling paper shall also be made available
8. The Securities and Exchange Board of India (SEBI) has at the venue of the 90th AGM. The members attending the
mandated the submission of Permanent Account Number meeting, who have not already cast their vote through
(PAN) by every participant in securities market. Members remote e-voting shall be able to exercise their voting rights
holding shares in electronic form are, therefore, requested at the meeting. The members who have already cast their
to submit their PAN to the Depository Participants with vote through remote e-voting may attend the meeting but
whom they maintain their demat accounts. Members shall not be entitled to cast their vote again at the AGM.
holding shares in physical form should submit their PAN to The Company has appointed Shri Ashish Bhatt, Practicing
the Registrar/Company. Company Secretary as the Scrutinizer for conducting the
9. Pursuant to the provisions of Section 205C of the Companies remote e-voting and the voting process at the AGM in a fair
Act, 1956 (which are still applicable as the relevant sections and transparent manner.
under the Companies Act, 2013 are yet to be notified), The instructions to members for voting electronically are as
the Company has transferred on due dates, the unpaid or under:-
unclaimed dividend amount for the financial year ended
March 31, 2007 to the Investor Education and Protection (I) The voting period begins on Friday, June 5, 2015
Fund (IEPF) established by the Central Government. Pursuant at 10.00 a.m. and ends on Sunday, June 7, 2015
to the provisions of Investor Education and Protection Fund at 5.00 p.m. During this period shareholders’ of the
(Uploading of Information regarding unpaid and unclaimed Company, holding shares either in physical form or
amounts lying with Companies) Rules, 2012, the Company in dematerialized form, as on the cut-off date i.e.

2 Notice
June 1, 2015, may cast their vote electronically. (XIV) Click on the “RESOLUTIONS FILE LINK” if you wish to
The e-voting module shall be disabled by CDSL for view the entire Resolution details.
voting after 5.00 p.m. on June 7, 2015. (XV) After selecting the Resolution you have decided
(II) Members holding shares in physical or in demat form to vote on, click on “SUBMIT”. A confirmation box
as on June 1, 2015 shall only be eligible for e-voting. will be displayed. If you wish to confirm your vote,
(III) The shareholders should log on to the e-voting click on “OK”, else to change your vote, click on
website www.evotingindia.com. “CANCEL” and accordingly modify your vote.
(IV) Click on Shareholders. (XVI) Once you “CONFIRM” your vote on the resolution,
you will not be allowed to modify your vote.
(V) Now Enter your User ID;
(XVII) You can also take out print of the voting done by
a. For CDSL: 16 digits beneficiary ID; you by clicking on “Click here to print” option on the
b. For NSDL: 8 Character DP ID followed by 8 Voting page.
Digits Client ID; (XVIII) If Demat account holder has forgotten the changed
c. Members holding shares in Physical Form password then Enter the User ID and the image
should enter Folio Number registered with the verification code and click on Forgot Password &
Company. enter the details as prompted by the system.
(VI) Next enter the Image Verification as displayed and (XIX) Note for Non–Individual Shareholders and
Click on Login. Custodians
(VII) If you are holding shares in demat form and had • Non-Individual shareholders (i.e. other than
logged on to www.evotingindia.com and voted on Individuals, HUF, NRI etc.) and Custodian are
an earlier voting of any company, then your existing required to log on to www.evotingindia.com
password is to be used. and register themselves as Corporates.
(VIII) If you are a first time user follow the steps given • A scanned copy of the Registration Form
below: bearing the stamp and sign of the entity

For Members holding shares in Demat Form and Physical Form


PAN Enter your 10 digit alpha-numeric PAN issued by Income Tax Department (Applicable for both demat
shareholders as well as physical shareholders).
• Members who have not updated their PAN with the Company/Depository Participant are requested
to use the first two letters of their name and the 8 digits of the sequence number in the PAN field.
DOB Enter the Date of Birth as recorded in your demat account or in the company records for the said
demat account or folio in dd/mm/yyyy format.
Dividend Enter the Dividend Bank Details as recorded in your demat account or in the company records for the
Bank Details said demat account or folio.
• Please enter the DOB or Dividend Bank Details in order to login. If the details are not recorded with
the depository or company please enter the member id/folio number in the Dividend Bank details
field as mentioned in instruction (v).
(IX) After entering these details appropriately, click on
“SUBMIT” tab.
should be emailed to helpdesk.evoting@
(X) Members holding shares in physical form will then cdslindia.com.
directly reach the Company selection screen.
• After receiving the login details a compliance
However, members holding shares in demat
user should be created using the admin login
form will now reach ‘Password Creation’ menu
and password. The Compliance user would
wherein they are required to mandatorily enter
be able to link the account(s) for which they
their login password in the new password field.
Kindly note that this password is to be also used by wish to vote on.
the demat holders for voting for resolutions of any • The list of accounts should be mailed to
other company on which they are eligible to vote, helpdesk.evoting@cdslindia.com and on
provided that company opts for e-voting through approval of the accounts they would be able
CDSL platform. It is strongly recommended not to to cast their vote.
share your password with any other person and take
utmost care to keep your password confidential. • A scanned copy of the Board Resolution
and Power of Attorney (POA) which they
(XI) For Members holding shares in physical form, have issued in favour of the Custodian, if
the details can be used only for e-voting on the
any, should be uploaded in PDF format in the
resolutions contained in this Notice.
system for the scrutinizer to verify the same.
(XII) Click on the EVSN for the relevant <Company
Name> on which you choose to vote. (XX) In case you have any queries or issues regarding
e-voting, you may refer the Frequently Asked
(XIII) On the voting page, you will see “RESOLUTION Questions (“FAQs”) and e-voting manual available
DESCRIPTION” and against the same the option
at www.evotingindia.com, under help section or
“YES/NO” for voting. Select the option YES or NO
write an email to helpdesk.evoting@cdslindia.com.
as desired. The option YES implies that you assent
to the Resolution and option NO implies that you
dissent to the Resolution.

Notice 3
ANNEXURE TO THE NOTICE OF THE NINETIETH ANNUAL GENERAL MEETING
EXPLANATORY STATEMENT IN RESPECT OF THE SPECIAL BUSINESS PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013
Item No. 5 Item No. 6
The Board of Directors of the Company on the recommendation The existing Articles of Association (“Articles”) of the Company
of the Audit Committee, approved the appointment and are based on the Companies Act, 1956 and several regulations
remuneration of Messrs R. Nanabhoy & Co., Cost Accountants, in the existing Articles contain reference to the Sections of the
to conduct the audit of the Cost records of the Company’s Companies Act, 1956. Some regulations in the existing Articles
Textile manufacturing units at Vapi, Chhindwara and Jalgaon for are no longer in conformity with the provisions of the Companies
the financial year ending March 31, 2016. Act, 2013 (“Act”).
With the enactment of the Companies Act, 2013, several
In terms of the provisions of Section 148 of the Companies Act,
regulations of the existing Articles of the Company require
2013 read with Rule 14 of the Companies (Audit and Auditors)
alteration and/or deletion. Given this position, it is considered
Rules, 2014, the remuneration payable to the Cost Auditor is to
expedient to wholly replace the existing Articles by a new set
be ratified by the Members of the Company. Accordingly, the
of Articles.
Members are requested to ratify the remuneration payable to
the Cost Auditor for the financial year ending March 31, 2016, as The draft Articles shall be open for inspection by the Members
set out in the Resolution for the aforesaid services to be rendered at the Registered Office of the Company on all working days
by them. (except Saturdays, Sundays and Public Holidays) between
11.00 a.m to 1.00 p.m upto the date of this Annual General
None of the Directors or Key Managerial Personnel of the Meeting.
Company or their relatives is concerned or interested, financial
None of the Directors or Key Managerial Personnel of the
or otherwise, in the said Resolution.
Company or their relatives is concerned or interested, financial
The Board of Directors recommend the Ordinary Resolution set or otherwise, in the said Resolution.
out at Item No. 5 of the Notice for approval by the Members. The Board of Directors recommend the Special Resolution set out
at Item No.6 of the Notice for approval by the Members.

DETAILS OF DIRECTOR SEEKING RE-APPOINTMENT AS REQUIRED UNDER CLAUSE 49 OF THE LISTING AGREEMENT ENTERED
WITH THE STOCK EXCHANGES:
Name of the Director Shri H. Sunder
Date of Birth July 26, 1959
Date of Appointment on the Board July 29, 2011
Qualifications B.Com, ACA
Expertise Finance, Taxation, Accounts, Strategy, Legal, Secretarial and General Corporate
Management.
Directorship held in other Public 1. Celebrations Apparel Limited
Companies (excluding foreign, private 2. Silver Spark Apparel Limited
and Section 8 companies) 3. Ring Plus Aqua Limited
4. JK Files (India) Limited
5. J.K. Helene Curtis Limited
6. J.K. Investo Trade (India) Limited
7. JK Ansell Limited
Chairmanships/Memberships of Member – Audit Committee:
Committee across Ring Plus Aqua Limited, Silver Spark Apparel Limited
Member – Nomination and Remuneration Committee:
Silver Spark Apparel Limited
Member – Committee of Directors : Ring Plus Aqua Limited
Member – Corporate Social Responsibility Committee:
Ring Plus Aqua Limited, Silver Spark Apparel Limited
Shareholding of Director Nil
Relationship between Directors inter-se Nil
By Order of the Board of Directors

Registered Office: Thomas Fernandes


www.sapprints.com

Plot No. 156/H. No.2, Director – Secretarial &


Village Zadgaon, Company Secretary
Ratnagiri 415 612, Maharashtra
April 29, 2015
Mumbai

4 Notice
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