5 min read Last Updated : Sep 05 2024 | 10:52 AM IST Shares of Raymond Lifestyle Limited (RLL), a textiles and apparel maker demerged from the Gautam Singhania-led Raymond, froze in lower circuit of 5 per cent at Rs 2,869, after listing at Rs 3,020 on the National Stock Exchange (NSE) on Thursday. Shares…
Unlocking value for shareholders of Raymond Ltd, shares of Raymond Lifestyle, which got demerged from the parent company in June this year, got listed on stock exchanges this morning. The stock is listed at Rs 3,020 on NSE and Rs 3,000 on BSE. Raymond Lifestyle’s listing is at a premium of 93% over the base…
Raymond Lifestyle Ltd, the demerged retail and lifestyle division of Raymond Ltd, is poised to make its market debut on today, September 5. It is the first step in the scheme of arrangement announced by Raymond Ltd, in which it plans to eventually have three separate listed businesses. Raymond shares went ex-Lifestyle business in July…
