Raymond Limited — Updates, 08-04-2025: Scheme of Arrangement

Raymond Limited has announced a board meeting to discuss the Scheme of Arrangement, which has been sanctioned by the National Company Law Tribunal (NCLT). This Scheme facilitates the demerger of Raymond's real estate business into Raymond Realty Limited. The appointed date is set for April 1, 2025. Following this demerger, existing shareholders of Raymond will receive one equity share of Raymond Realty for each share they hold in Raymond, enhancing value creation and operational focus for both entities. The listing of Raymond Realty shares on stock exchanges is expected, potentially attracting new investors and strategic partners. Overall, this restructuring may provide a positive outlook for stakeholders, enabling strategic growth in the real estate sector while allowing shareholders more flexibility in managing their investments.