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Raymond board meeting outcome
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    Raymond board meeting outcome

    26 July 2024

    • Board approves consolidation of auto components and tools & hardware business.
    • Board gives in principle nod for subsidiarisation of real estate business division through a wholly owned subsidiary
    • Company to consolidate its B2C business by transfer of apparel business into Raymond Ltd.
    • Company withdraws de-merger scheme  of lifestyle business announced in November 2019.