Raymond Limited — Others, 13-07-2025: Shareholders meeting

Raymond has released its Annual Report for FY2024-25 and announced its 100th Annual General Meeting on August 4, 2025, to be held virtually. The company completed its major restructuring: the Lifestyle business demerged and listed in September 2024, and the Real Estate business successfully demerged and listed in July 2025. Raymond Limited now centers on Engineering, which is further reorganizing into aerospace & defense and auto components segments. Consolidated revenue from continuing operations nearly doubled to ₹1,947 Crore, with a net profit of ₹52 Crore. No dividend is proposed for FY2024-25. Raymond Limited reported a cash surplus of ₹263 Crore, and Raymond Realty reported a ₹399 Crore cash surplus, making both entities net debt-free. Shareholders will vote on key financial statements, director re-appointment, and the appointment of Secretarial Auditors.