Rakesh brings more than 25 years of financial leadership experience across sectors including cement, airports, electricity, solar, steel, energy and oil. His background spans strategic financial planning, capital structuring, governance, integration and performance transformation. His prior roles include CFO positions at Adani Cement, Adani Airports, Adani Electricity and Adani Solar, along with leadership roles at JSW Steel, Reliance Industries and Indian Oil Corporation. He is a Chartered Accountant, Cost Management Accountant and holds an MBA degree.

The move reaffirms the group’s ambitions in strengthening the organisation’s financial strategy and governance framework as it continues its transformation journey. To unlock shareholder value and drive focused growth, Raymond has restructured into three independent, pure-play listed entities, each net debt-free. Raymond Lifestyle Limited was listed on September 5, 2024, followed by Raymond Realty Limited on July 1, 2025, while Raymond Limited now focuses on the Engineering business. From fabrics to real estate and now high-precision engineering, the company has expanded into sunrise sectors such as aerospace, defense, and electric vehicle (EV) components. This transformation reflects more than business ambition—it represents a deep commitment to national progress and purposeful innovation.

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·         Move aimed at unlocking shareholder value by creating a focused, net debt free pure-play real estate entity 

Bengaluru, 30 June 2025: Raymond Realty Ltd. (RRL), the real estate arm of Raymond Group, will list on Indian stock exchanges, following its demerger from Raymond Limited. This is an important milestone for the group as it progresses with the Raymond 2.0 transformation and has demonstrated the continued value unlocking by demerging its lifestyle business last year.

The listing is aimed at unlocking shareholder value by creating a focussed, net debt free pure-play real estate entity. The strategic move will allow greater operational efficiency, sharper market focus, and enhanced investor value creation.

Speaking on Raymond’s 2.0 vision, Gautam Hari Singhania, Group Chairman, Raymond Ltd. said, “As Raymond Group steps into its next century, our focus on creating Raymond 2.0 will help us continue our legacy into a dynamic, purpose-driven and future ready enterprise reflecting our commitment to innovation, execution excellence, and nation-building. Guided by our three distinct business entities—Lifestyle, Real Estate, and Engineering, Raymond Realty is equipped with professional management team and a strong board with rich pedigree of real estate sector. As Raymond Group marks a century of its operations, we are committed to deliver exceptional customer experiences, long-term sustainable growth, and enhanced value for our shareholders.

On the milestone of listing, Harmohan Sahni, MD & CEO, Raymond Realty Ltd., said, “At Raymond Realty, we’re building more than just homes and we’re shaping India’s urban skyline. Our branded offerings, TenX, The Address by GS, and Invictus by GS, are testament to our differentiated customer-first approach across aspirational, premium, and luxury segments. With a net debt-free balance sheet, 100 acres of owned land, and a capital-efficient joint development model, we are well-positioned to sustain 20%+ annual growth and industry-leading ROCE of over 20%. This will help in further solidifying our position in Indian real estate industry.”

With its listing, RRL will be a pure-play real estate entity, backed by a ₹40,000 crore development pipeline through a 100-acre owned land bank, and a growing portfolio of JDAs and led by over 400 member strong professional management team.

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Mr. Gautam Singhania, Chairman & Managing Director, Raymond Group said; “This latest collaboration is a testament to the Raymond Group’s commitment to excellence and will further strengthen MPPL’s global presence, allowing us to make meaningful contribution to the evolution of aerospace manufacturing.”

Also speaking on the partnership, Mr. Gautam Maini, Managing Director, Maini Precision Products said; “We are proud to deepen our relationship with Pratt & Whitney through this long-term agreement. It reaffirms our capabilities and commitment to delivering precision components that meet the highest quality global standards.”

The post Pratt & Whitney and Maini Precision Products (a Raymond Group co.) Announce Long-Term Agreement at Paris Air Show 2025 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, June 11, 2025: Raymond Group, one of India’s leading diversified conglomerates, hosted an exclusive media briefing at JK House, Mumbai, to celebrate a historic milestone—Kush Maini’s sensational victory at the Monaco Grand Prix, in Formula 2. The event was hosted by Mr. Gautam Singhania, Chairman and Managing Director of Raymond and a seasoned motorsport enthusiast with podium finishes in the Ferrari Challenge Series (EU). Mr. Singhania felicitated Kush in the presence of his father, Mr. Gautam Maini, a senior executive at Raymond Group.

As a long-time mentor and early supporter, Mr. Gautam Hari Singhania has been instrumental in shaping Kush Maini’s racing journey. With deep experience in motorsports—including his tenure as India’s FIA representative and a successful racing career himself—Mr. Singhania’s guidance has been vital to Kush’s early success. Speaking on the occasion, Mr. Gautam Hari Singhania said, “At Raymond, and personally for me it was a moment of immense pride to hear our national anthem play and see the tricolour rise at Monaco. His historic win, the first-ever Formula 2 victory for Indian representation, marks a defining global milestone for Indian motorsport, and we are proud to celebrate it. Kush Maini embodies the spirit of young India, grounded in excellence, discipline, and resilience. As Raymond enters its centenary year, his success reflects our continued commitment to inspiring and empowering the next generation of Indian achievers on the global stage.”

Kush Maini’s Formula 2 victory at Monaco marks a landmark moment in Indian motorsport history. As the first Indian to win at this iconic circuit, Kush made waves during the 2024 season with a pole position and five podium finishes. Now serving as a Reserve Driver for the Alpine F1 team, he continues to strengthen India’s presence on the global racing stage. Commenting on the occasion, Kush Maini said, “It is indeed an honour to be backed by Mr. Singhania and Raymond Group—an institution that embodies legacy, leadership, and excellence. Mr. Singhania’s deep understanding of motorsports and his indomitable spirit is inspiring for one and all. To be associated with a national brand that is celebrating its 100^th year and believes in nurturing talent and global narratives is truly special.”

This celebration not only recognizes an extraordinary sporting achievement but also underscores Raymond’s unwavering commitment to supporting Indian excellence across arenas as it looks ahead to its next century of impact and innovation.

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