Raymond board approves business consolidation to explore monetisation and deleverage business - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Raymond board approves business consolidation to explore monetisation and deleverage business

The plan will see its fast-fashion business consolidating with the parent company and the auto components and tools and hardware businesses merging into its engineering division. Meanwhile, its nascent real estate division will be subsidiarised into a wholly-owned company.

from Industry-Economic Times
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