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Raymond Demerger, Real Estate Business & More: Chairman Gautam Singhania Talks To NDTV Profit

Raymond Lifestyle Ltd., following its demerger with parent company Raymond Ltd., is all set to list next week, according to Managing Director Gautam Hari Singhania. The company had also announced a vertical split to demerge its real-estate business and expects to have three distinct listed companies next year. Singhania discussed the demerger, saying that each company would have its own structure, strategy and team. He highlighted that the demerger is beneficial for shareholder value and offers investors the chance to focus on companies of their interest. While Raymond is traditionally known for its fabrics, it has diversified into home furnishings, ethnic wear and sleepwear. Singhania expects these new categories to grow rapidly, contributing to "exponential growth" for the newly demerged company. #raymond #stockmarket #property -------------------------------------------------------------------------------------------------------------------------------------------------- For more videos subscribe to our channel:    / @ndtvprofitindia   Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-r... Follow NDTV Profit here Twitter:   / ndtvprofitindia   ,   / ndtvprofit   LinkedIn:   / ndtvprofit   Instagram:   / ndtvprofit   Facebook:   / ndtvprofit