Raymond Group has embarked on a comprehensive strategic restructuring through a landmark demerger plan that will create three independent, focused entities. Chairman and Managing Director Gautam Singhania shared detailed insights into this transformation during an exclusive conversation with ET Now, emphasizing the company's commitment to unlocking shareholder value and building future-ready businesses.

Strategic Demerger Structure

The demerger plan restructures Raymond into three distinct business entities, each designed to operate independently and focus on their core competencies:

Leadership Vision and Philosophy

Singhania articulated the company's approach using the philosophy "Jo dikhta hai, vo bikta hai" (what is visible, sells), highlighting the importance of clear business positioning and market visibility. This restructuring reflects Raymond's strategic intent to create more focused business units that can better serve their respective markets and stakeholders.

Shareholder Value Creation

The demerger strategy aims to unlock significant shareholder value by allowing each business segment to operate with greater autonomy and strategic focus. By separating the diverse business portfolios, Raymond expects each entity to pursue growth opportunities more effectively while maintaining operational efficiency.

Future Growth Trajectory

The Engineering division's focus on aerospace and defence represents Raymond's ambition to enter high-growth sectors with substantial future potential. This strategic positioning aligns with the company's vision of building businesses that are prepared for evolving market demands and technological advancement.

The restructuring demonstrates Raymond's commitment to strategic transformation while maintaining its core business strengths across multiple sectors. Each independent entity will have the flexibility to pursue targeted growth strategies and respond more effectively to market opportunities.

Source: https://www.etnownews.com/companies/raymond-demerger-jo-dikhta-hai-vo-bikta-hai-gautam-singhania-on-unlocking-shareholder-value-business-portfolios-exclusive-article-153434758

Raymond Limited has notified stock exchanges regarding the assignment of credit ratings by CARE Ratings Limited for two of its subsidiary companies. The intimation, filed under Regulation 30 of SEBI Listing Regulations on December 31, 2025, covers credit rating letters issued for various banking facilities availed by JK Maini Precision Technology Limited and JK Maini Global Aerospace Limited.

JK Maini Precision Technology Limited Credit Ratings

CARE Ratings Limited has assigned credit ratings for JK Maini Precision Technology Limited's bank facilities totaling ₹950.00 crores. The rating committee assigned the following ratings:

The long-term facilities include term loans from multiple banks with repayment schedules extending until 2031. Bank of Maharashtra leads with ₹300.00 crores, followed by Axis Bank Limited with ₹120.00 crores, IDFC First Bank Limited with ₹65.00 crores, and HDFC Bank Limited with ₹11.80 crores.

JK Maini Global Aerospace Limited Credit Ratings

JK Maini Global Aerospace Limited received credit ratings for bank facilities worth ₹500.00 crores. The assigned ratings are:

The aerospace subsidiary's banking arrangements include facilities from Axis Bank Limited, IDFC First Bank Limited, HDFC Bank Limited, and Kotak Mahindra Bank Limited, with repayment terms extending to July 2031 for certain facilities.

Rating Validity and Terms

The credit ratings assigned to both subsidiaries are valid for one year from December 30, 2025. CARE Ratings Limited has reserved rights for periodic surveillance and review of the ratings, with at least one annual review mandatory. The rating agency has also disclosed that Mr. Rajiv Bansal serves as a Non-Executive Non-Independent Director on both subsidiary companies' boards while being a Non-Executive Independent Director on CARE's Board of Directors.

Banking Partners and Facility Structure

Both subsidiaries have diversified their banking relationships across major financial institutions. The facilities encompass term loans, working capital arrangements, and non-fund based limits. The ratings reflect the creditworthiness assessment of the companies' ability to service their debt obligations across various facility types and tenures.