NSEPress Release2d ago · 23 Sept 2026, 01:12 pm
Press Release
Raymond Limited · RAYMOND
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Raymond Limited has announced its entry into the aircraft structures vertical through its subsidiary JK Maini Global Aerospace Limited, which has emerged as successful in a tender process for the assembly of wing structures and centre fuselage structures for a major indigenous fighter aircraft programme.
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Raymond Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Raymond Expands Its Aerospace Capabilities with Entry into Aircraft Structures".
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RL/SE/26-27/60
September 23, 2026
The Department of Corporate Services - CRD The National Stock Exchange of India Limited
BSE Limited Exchange Plaza, 5th Floor
P.J. Towers, Dalal Street Bandra-Kurla Complex
Mumbai - 400 001 Bandra (East), Mumbai - 400 051
Scrip Code: 500330 Symbol: RAYMOND
Dear Sir/Madam,
Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Press Release
Pursuant to Regulation 30 of SEBI Listing Regulations, please find enclosed Press Release dated
September 23, 2026 titled "Raymond Expands Its Aerospace Capabilities with Entry into Aircraft
Structures.”
The Press Release is also available on the website of the Company i.e. www.raymond.in
Please take the above information on record.
Thanking you.
Yours faithfully,
For RAYMOND LIMITED
RAKESH DARJI
COMPANY SECRETARY
Encl.: A/a
Raymond Expands Its Aerospace Capabilities with Entry into
Aircraft Structures
Mumbai, Delhi [23rd September]: Raymond Limited has achieved a significant milestone in its
Aerospace & Defence journey, with its subsidiary JK Maini Global Aerospace Limited has
emerged as successful in the tender process conducted by a leading Indian aerospace and
Defence OEM for the assembly of wing structures and centre fuselage structures for a major
indigenous fighter aircraft programme.
This development marks Raymond’s proposed entry into the aircraft structures vertical, expanding
its capabilities beyond precision manufacturing into complex, higher-value aircraft assemblies.
Importantly, the programme is envisaged to leverage the customer’s existing infrastructure,
enabling Raymond to develop capability and establish execution credentials while maintaining a
capital-efficient approach.
Rakesh Tiwary, Group CFO, Raymond Group, said: “This opportunity is strategically much
larger than its immediate business potential. It provides Raymond an entry into the high-value
aircraft structures segment while maintaining capital efficiency. More importantly, it gives us an
opportunity to establish critical execution credentials that can position Raymond’s subsidiaries for
participation in larger aerospace programmes in India and globally. Our focus will be on execution
excellence and building this capability into a scalable growth platform.”
Raymond Limited now has two core businesses within the Engineering vertical - Aerospace and
Defence & Tools and Auto Components. Raymond’s engineering business has forayed into the
sunrise sectors of Aerospace and Defence. EV components and caters to international as well as
domestic markets. Raymond’s engineering business commands a leadership position in
manufacturing files and hand tools and has a significant presence in national and international
markets.
About Raymond Limited:
With the inception in 1925, Raymond Group has been a pioneer and leader in fabric manufacturing and
then forayed in other sectors such as engineering and Real Estate. After demerging its Lifestyle Business
and Real Estate verticals into independent entities, Raymond Limited now has two core businesses within
the Engineering vertical - Tools and Auto Components and Aerospace and Defence. Raymond’s
engineering business commands a leadership position in manufacturing files and hand tools and has a
significant presence in national and international markets. With the acquisition of Maini Precision Products
Limited (MPPL) Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and
Defence. EV components and caters to international as well as domestic markets.
About Raymond Group:
Raymond Group is a diversified Indian conglomerate with a presence across Engineering, Aerospace &
Defence, Automotive, Real Estate and Lifestyle, through its three listed entities — Raymond Limited,
Raymond Lifestyle Limited and Raymond Realty Limited. The Group is transforming into a new-age
enterprise, building businesses with strong technology, manufacturing capabilities, execution excellence
and long-term growth potential.
Raymond Limited is focused on Engineering, Aerospace & Defence and Automotive businesses, with
capabilities spanning precision engineering, aerospace components, automotive components and Defence
applications, serving leading global and Indian customers. Raymond Realty Limited is a focused real estate
developer with a strong presence across the Mumbai Metropolitan Region, developing large-scale
residential and commercial projects with an estimated gross development value of approximately ₹52,000
crores. Raymond Lifestyle Limited is one of India's leading integrated players in branded apparel, premium
fabrics and garmenting, with a retail presence across 600+ cities and 1,600+ stores.
Built on a legacy of Trust, Quality and Excellence, Raymond is leveraging its strong heritage, manufacturing
capabilities and consumer franchise to create a diversified group positioned for the next phase of growth
across Engineering, Aerospace & Defence, Automotive, Real Estate and Lifestyle.
To know more, visit us today at www.raymond.in
For further information, please contact:
Shalini Singh
Head Corporate Communications
Raymond Group
Tel: 022 6152 7624
Email: Shalini.singh@raymond.in