Raymond shares dip 7% after selling FMCG biz to Godrej Consumer Products
The cash deal is expected to be completed by May 10, 2023. The Singhania family-backed Raymond group had been looking to divest its consumer care business for over two years.
The cash deal is expected to be completed by May 10, 2023. The Singhania family-backed Raymond group had been looking to divest its consumer care business for over two years.
Earlier this month, Godrej Consumer announced an investment of ₹100 crore in Early Spring, a new early-stage fund being set up by Spring Marketing Capital.