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Raymond Limited incorporated in 1925 is a diversified group with interests in Textile & Apparel sectors as well as presence across diverse segments such as Real Estate, FMCG, Engineering in national and international markets 55+ Countries including the USA, Europe, Japan & Middle East. The Company has a retail network of 1,638 stores, including 1,589 stores in about 600 towns and cities in India and 49 overseas…
Raymond's subsidiaries, JK Maini Precision Tech and JK Maini Global Aerospace, received credit ratings from CARE Ratings. Precision Tech's ₹950 Cr bank facilities are rated CARE A+/Stable & CARE A1+. Global Aerospace's ₹500 Cr facilities are rated CARE A/Stable & CARE A1. This highlights their creditworthiness.
Raymond's subsidiaries JK Files & Engineering and Ring Plus Aqua saw their credit ratings withdrawn by CARE Ratings. This follows the amalgamation of their engineering business and Ring Plus Aqua into JK Maini Precision Technology. Existing Non-Convertible Debentures were repaid, and bank facilities transferred or settled post-merger.
Raymond has announced its 100th Annual General Meeting (AGM) to be held on August 04, 2025, via video conferencing. Shareholders are urged to update their KYC details, including PAN and bank information, especially those with physical shares. This is crucial as dividends will only be paid electronically if KYC is...
Raymond Limited has announced a board meeting to approve the financial results for the quarter and half-year. Meanwhile, its wholly owned subsidiaries – JK Files & Engineering Limited, JK Maini Precision Technology Limited, and JK Maini Global Aerospace Limited – completed a composite restructuring scheme approved by the National Company...
JK Files and Engineering Limited (JKFEL), a subsidiary of Raymond Limited, reported a strong revenue jump to ₹1,834 crore in FY25, driven by the auto components segment and consolidation of Maini Precision Products Limited (MPPL). Despite higher sales, operating margin dipped to 12.65% due to export sluggishness, product mix changes,...