Raymond Demerger: What You Need to Know About Today’s Record Date
Raymond Ltd. shares are in the spotlight today as the demerger of its real estate business officially takes effect. This means shareholders are about to receive one share of a newly listed company, Raymond Realty, for every share they own in Raymond Ltd.
What is Demerger?
In simple terms, demerger involves splitting a company into two or more separate entities. Raymond Ltd. has decided to separate its real estate holdings into a new, independent company – Raymond Realty.
Record Date and Listing
Today, May 14th, is the crucial record date. Shareholders who owned Raymond Ltd. shares on this day will be eligible to receive shares in Raymond Realty. The listing date for Raymond Realty on the NSE and BSE stock exchanges will be announced soon.
Share Ratio and Stock Adjustments
Raymond Ltd. has set a share ratio of 1:1 for the demerger. This means that for every 1 share of Raymond Ltd. held on the record date, shareholders will get 1 share of Raymond Realty. This adjustment was reflected in Raymond Ltd.’s stock price today, which opened at Rs 525 after the demerger and climbed 5% to hit the day’s upper circuit at Rs 551.20.
Timeline of the Demerger
Remember, the demerger process started back in July 2024 when Raymond Ltd. first announced its plan. The National Company Law Tribunal (NCLT) gave its approval in March 2025, and the demerger officially came into effect on May 1st, 2025.
Disclaimer
(Disclaimer: The information provided in this article is for general knowledge and informational purposes only, and does not constitute investment advice. Readers are advised to consult with their financial advisors before making any investment decisions.)
