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  1. www.hindustantimes.com › real-estate › raymond-boardRaymond board approves demerger of real estate business; to ...

    Raymond Ltd said the new entity will seek automatic listing on stock exchanges. Raymond Realty has around 100 acres of land in Thane with around 11.4 mn sq ft RERA approved carpet area of which ...

  2. money.rediff.com › news › marketRaymond Shares Hit 52-Week High, Rally Over 17% - Business ...

    1 day ago · New Delhi, Jul 5 (PTI) Shares of Raymond rallied more than 17 per cent on Friday after the textile major said it will demerge the real estate business to unlock the value for shareholders and harness growth potential in the Indian property market. The scrip of the company surged 17.30 per cent to trade at Rs 3,450.95 apiece on the BSE.

  3. realty.economictimes.indiatimes.com › newsRaymond to demerge real estate business, list it on exchanges

    1 day ago · Advt. Raymond Ltd said the new entity will seek automatic listing on stock exchanges. This strategic move comes as Raymond's real estate business has achieved scale, reporting revenue of Rs 1,593 crore (43 per cent YoY growth) and EBITDA of Rs 370 crore in FY24, positioning it well to chart its own growth path as a separate entity.

  4. economictimes.indiatimes.com › markets › stocksRaymond shares soar 18% to fresh record high on demerger

    1 day ago · Raymond shares surged over 18% to a new 52-week high of Rs 3,480 on BSE following the announcement of the vertical demerger of its real estate business into Raymond Realty, a wholly-owned subsidiary. This strategic move aims to streamline corporate structure, boost shareholder value, and optimize operational efficiencies.

  5. economictimes.indiatimes.com › news › companyNCLT approves Raymond group entities’ strategic demerger ...

    Jun 23, 2024 · The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm.

  6. www.businesstoday.in › markets › company-stockRaymond shares hit record high on nod to demerger for real ...

    1 day ago · Raymond stock rose 18.3% to a record high of Rs 3480.35 against the previous close of Rs 2941.90 on BSE today. Market cap of the firm climbed to Rs 22,593 crore.

  7. economictimes.indiatimes.com › markets › stocksRaymond shares rally 6% as NCLT approves group entities ...

    Jun 24, 2024 · Shares of Raymond surged 6% on Monday to its day’s high of Rs 2,675 on BSE as the National Company Law Tribunal ( NCLT) approved the demerger of the company’s lifestyle business and the amalgamation of its consumer trading arm.

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