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Raymond Ltd. Announces Demerger of Real Estate Business, Shares Reach Record High
FOR IMMEDIATE RELEASE Delhi, India – July 5, 2024 – Raymond Ltd. (hereafter “Raymond”), a leading Indian conglomerate, today announced its board of directors has approved the demerger of its real estate business, Raymond Realty. This strategic move follows a period of significant growth for Raymond Realty, positioning it for independent success in the dynamic…