Every Spin-Off
Raymond Lifestyle
RAYMONDLSL INCompletedINMakes suiting and shirting fabrics and sells menswear under the Raymond, Park Avenue and ColorPlus brands through more than 1,500 stores in India, and makes garments for export.
Raymond demerged its lifestyle (branded apparel and textiles) business into Raymond Lifestyle, issuing four shares for every five Raymond shares held (record date 11 July 2024), with the new company listing on NSE and BSE.
- Distribution date
- 5 Sep 2024
- Structure
- Spin-off
- Parent
- Raymond Ltd (RAYMOND IN)
- Spin-off ticker
- RAYMONDLSL IN
- Listing
- NSE and BSE
- Market
- India
- Sector
- Consumer discretionary
- Size
- mid
Source documents
- Press releaseNot located
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcebusiness-standard.com
- Sourcebusinesstoday.in
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email