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- The demerged lifestyle business of Raymond has been separated and will now be listed separately on stock exchanges by the end of August or early September 2024.
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Jul 11, 2024 · Shares of Raymond Ltd. declined as much as 40% in trade Thursday (July 11), as the first leg of the demerger has taken place, with the stock turning ex-date for the demerger of its lifestyle business. The current traded value of Raymond Ltd. excludes the lifestyle business.
What Happened: Raymond had announced July 11 as the record date to decide the shareholders for getting the demerged shares of Raymond Lifestyle business. Investors will receive four shares of...
Jul 10, 2024 · Ray Global Consumer Trading will be amalgamated into Raymond Lifestyle to streamline the group structure. After the record date, Raymond will trade ex-Raymond Lifestyles, with the new entity expected to be listed by August or September this year.
Sep 5, 2024 · Raymond Lifestyle Share Price: Raymond Lifestyle, which demerged from Raymond Ltd in June, began trading on the stock exchanges today. The stock is listed at Rs 3,020 on NSE and Rs 3,000 on BSE, giving it a valuation of approximately Rs 18,300 crore. The listing positions Raymond Lifestyle as a key player in India's wedding and ceremonial market.
Jul 19, 2024 · As per the restructuring plan, Raymond Ltd will demerge its lifestyle business into Raymond Lifestyle. Ray Global Consumer Trading will be amalgamated into Raymond Lifestyle to streamline the...
Jul 11, 2024 · Raymond Ltd is in focus on Thursday morning, as the stock turns ex-date for spin off. The demerged Lifestyle business will be separately listed on stock exchanges around August-September,...
Jul 11, 2024 · As part of this restructuring process, Raymond has announced that it will demerge its lifestyle business into Raymond Lifestyle. Ray Global Consumer Trading will be amalgamated into Raymond Lifestyle to streamline the group structure.
