Brand Raymond to remain with new demerged lifestyle firm
Consequently, once the proposed scheme is approved by the National Company Law Tribunal (NCLT), Raymond lifestyle business will not be required to pay any royalty to Raymond Ltd for its use of the brands.
Textile player Raymond on December 2 said ownership of the Raymond brand will remain with the demerged new lifestyle company.
"Raymond consulted with industry and financial experts to arrive at an optimal structure in relation to ownership of brands related
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