Epic Update : Raymond

Raymond, India’s leading manufacturer and retailer of fabrics and garments, has further invested Rs 5 crore in the equity share capital of Raymond Zambaiti (RZL), a jointly controlled entity of Raymond. With this investment, the total equity contribution of Raymond has increased to 52.87% in RZL’s equity share capital, thereby making Raymond Zambaiti a subsidiary of Raymond with effect from September 18, 2013.



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