Raymond Announces Vertical Demerger of Real Estate Business

Bangalore, 5th July, 2024: Raymond Limited today announced the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty Limited (RRL). Upon completion of this demerger, Raymond Ltd and Raymond Realty Limited (RRL) will operate as separate listed entities within the Raymond Group post all statutory approvals. The new entity will seek automatic listing on stock

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