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Jan 20, 2020, 02.47 PM IST

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Raymond to demerge core lifestyle business

Raymond Thursday announced the demerger of its core lifestyle business which will create two separate companies—the new one housing the core branded textile, branded apparel and garmenting businesses and the existing one to have its new real estate project, land bank, engineering businesses of auto components and FMCG businesses among others.

Raymond surges 20% on plans to demerge core lifestyle business

The move will create two separate companies — a new and existing business.

'Raymond brand' to remain with new demerged lifestyle firm

Textile player Raymond on Monday said ownership of Raymond brand will remain with ...

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