Raymond Realty to list in early July: Chairman
CHENNAI | BENGALURU: India’s Raymond Realty, recently carved out from the namesake conglomerate, is on track to list in early July as the group looks to streamline its corporate structure, a top executive told Reuters on Tuesday. This will be Raymond’s third publicly traded entity after Raymond Lifestyle, which houses the suits and shirts business. “The exact date (for the listing) is not confirmed yet, but it should be early July,” Gautam Singhania, chairman and managing director of the group, said in an interview, without elaborating. Each shareholder will receive one share of Raymond Realty for every share held in…
