Raymond has informed that certain sections of the media have reported that the Income Tax Authorities have raided the premises of Raymond on August 28, 2019. The Company stated that no such raid/search has been conducted and such rumors are baseless, untrue and do not merit any disclosure by the Company. Raymond shall continue to make appropriate disclosures to the Stock Exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 of any events/information that have a bearing on the operation/performance of the Company.
The above information is a part of company’s filings submitted to BSE.