Raymond to demerge core Lifestyle Business into separate entity

08 Nov 2019 Evaluate

Raymond is planning to demerge its core Lifestyle Business into a separate entity that will be listed through mirror shareholding structure. Every shareholder of Raymond will be issued the shares of the new company in the ratio of 1:1.

The move will create a clear demarcation of Lifestyle & other businesses leading to the simplification of the Group structure.

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world.

Raymond Share Price

1808.50 2.45 (0.14%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Raymond 1808.50
Siyaram Silk Mills 435.50
Manomay Tex India 171.00
Ludlow Jute &Special 83.80
KG Denim 25.15
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