Archive · 13 Jun 2025
Raymond Ltd to List Real Estate Business in Q2 FY26
Raymond Ltd is separating its real estate business into a new, independent company called Raymond Realty Ltd.
This means the real estate division will become its own entity and be listed on the stock market.
The split is complete, and the new company is expected to be listed in the second quarter of the fiscal year 2026.
Shareholders of Raymond Ltd will get shares in Raymond Realty Ltd.
Raymond Ltd saw significant sales in the last fiscal year.
Raymond Ltd is listing its real estate business separately.
The demerger of the real estate business has been completed.
Listing is expected in the second quarter of fiscal year 2026.
Shareholders will receive shares of Raymond Realty Ltd.
Raymond Ltd sold properties worth Rs2,310 crore in the last fiscal year.
- Who
- Raymond Ltd and Raymond Realty Ltd.
- What
- Raymond Ltd is listing its real estate business.
- When
- Listing is expected in the second quarter of fiscal year 2026. Demerger scheme effective May 1, 2025.
- Where
- Mumbai
- Why
- To allow Raymond Realty to pursue growth as an independent real estate business.
- Demerger Effective Date
- May 1, 2025
- Record Date
- May 14, 2025
- Share Allotment
- One share of Raymond Realty Ltd for each Raymond Ltd share
- Last Fiscal Year Sales
- Rs 2,310 crore
- Preceding Year Sales
- Rs 2,249 crore