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Raymond gets nod to incorporate wholly owned subsidiary

03 Nov 2023 Evaluate

Raymond has received approval to incorporate a wholly owned subsidiary in the state of Maharashtra in order to facilitate the restructuring in the Engineering business. The Board of Directors of the company at its meeting held on November 03, 2023, has approved the same. 

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.


Peers
Company Name CMP
Interglobe Aviation 4899.10
SpiceJet 8.49
Raymond 978.05
TAAL Tech 5412.85
Taneja Aerospace 266.50
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