Raymond Limited announced the apportionment of the cost of acquisition of equity shares following the demerger of its real estate business into Raymond Realty Limited (RRL).

• The Hon’ble National Company Law Tribunal, Mumbai Bench, approved the Scheme of Arrangement on March 27, 2025.
• RRL will issue one fully paid-up equity share with a face value of ₹10 each for every one fully paid-up equity share of ₹10 each of Raymond Limited to shareholders recorded as of the Record Date, May 14, 2025.
• Shareholders are advised to apportion their cost of acquisition as follows:
  • Raymond Limited: 60.92%
  • Raymond Realty Limited: 39.08%