raymond

NEW DELHI: Shares of Raymond surged 10 per cent on Friday after the textile major said it would spin off its real estate business.The company's shares closed 9.97 per cent higher at Rs 3,233.05 on the National Stock Exchange (NSE).On the BSE, shares of Raymond closed 9.68 per cent higher at...

NEW DELHI: Shares of Raymond rose over 17 per cent on Friday after the textile major said it will demerge its real estate business to unlock value for shareholders and tap the growth potential in the Indian property market.The company's shares rose 17.30 percent to Rs 3,450.95 on BSE.Shares...

New Delhi [India], Raymond shares hit an all-time high on Friday, a day after the Group announced the vertical demerger of its real estate business into its wholly-owned subsidiary, Raymond Realty Ltd (RRL).The board of directors of Raymond Limited announced on Thursday that Raymond Limited...

The objective of the demerger plan is to "exploit the growth potential of the real estate business and attract a new group of investors/strategic partners to participate in the real estate business, with a view to consolidating the entire real estate business of the group under a single entity."...

New Delhi: Textile major Raymond Ltd on Thursday said it will demerge real estate business to unlock value for shareholders and tap growth potential in the Indian real estate market.In a regulatory filing, the company reported that its board of directors approved the plan of arrangement of...

New Delhi, Textiles and fabric maker Raymond Ltd on Thursday said its shareholders approved the reappointment of Gautam Hari Singhania as Chairman and Managing Director for a period of five years with effect from July 1, 2024, along with his proposed remuneration. Is."The company's...

New Delhi, Textiles and fabric maker Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as managing director for five years with effect from July 1, 2024, with his proposed remuneration."The company's shareholders have approved the...

New Delhi: Raymond is expanding its manufacturing capacity by a third, which will make it the world's third-largest suit maker and help capitalize on China's plus one strategy in the global market.The company, which includes women's tailoring and high-value casual and hybrid clothing, will...

New Delhi, Leading textile and fabric manufacturer Raymond plans to add more than 100 stores of its ethnic wear brand 'Ethnics by Raymond', the company said in its latest annual report.Raymond, which introduced the ethnics format as a brand for occasions and celebrations a few years ago, now...

New Delhi: A proxy advisory firm has recommended shareholders of leading textile and fabric maker Raymond vote against the reappointment of Chairman and Managing Director Gautam Singhania to the company's board.It has demanded an independent investigation into allegations of domestic violence...

Impressed by the gleaming old beauty, Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis and Ajit Pawar saw it and then sat on its comfortable seats for the short ride on the MCR.The tour in the car of the bygone era also caught the attention of the country.After receiving...

Mumbai, Raymond Realty has bagged a project to redevelop a housing society in Mumbai with an estimated revenue potential of over Rs 2,000 crore.In a regulatory filing on Monday, Raymond Ltd said its arm Raymond Realty has been "selected for the redevelopment of another residential project –...

New Delhi [India], Raymond's real estate division has announced its selection as the "preferred developer" for the redevelopment of MIG VI CHS Ltd located in Bandra East, the company informed the exchanges in a filing on Saturday.The project, which is spread over 2 acres, presents a...

New Delhi: A 45-year-old man died in a fire that broke out in a four-storey building in northeast Delhi's Durgapuri Extension on Monday, the Delhi Fire Service said.Jitendra alias Chhotu used to work in the showroom of a textile company on the ground floor of the building.Delhi Fire Service...

New Delhi: A fire broke out in a four-storey building in northeast Delhi's Durgapuri Extension area on Monday morning, Delhi Fire Service (DFS) said. A person living in the building is missing.According to DFS, the fire at the showroom of Raymond Company was reported at 6 am and 22 fire...

New Delhi, Raymond Ltd on Friday reported 18 per cent rise in consolidated profit after tax at Rs 229 crore for the fourth quarter ended March 2024.Raymond Ltd said in a statement that the company had posted a consolidated profit after tax of Rs 194 crore in the same quarter of the last...

New Delhi, Raymond Ltd on Friday reported 18 per cent rise in consolidated profit after tax at Rs 229 crore for the fourth quarter ended March 2024.Raymond Ltd said in a statement that the company had posted a consolidated profit after tax of Rs 194 crore in the same quarter of the last...