Raymond share price is in focus today (Wednesday, May 14), as the stock goes ex-date for the demerger of its real estate division, Raymond Realty.
The demerger of Raymond Realty Limited (RRL) was finalised on May 1. Today marks the record date for identifying the eligible shareholders of Raymond who will receive equity shares of Raymond Realty according to the scheme. The real estate division is anticipated to be listed in the September quarter of FY26.
