NSEPress Release2d ago · 12 Oct 2026, 12:04 pm
Press Release
Raymond Limited · RAYMOND
✦ AI Summary▲ PositiveExpansion
Raymond Limited is accelerating its capacity expansion in Andhra Pradesh to support strong business momentum and growing customer requirements. The company is setting up an additional brownfield facility in proximity to its existing Mega manufacturing facility in Andhra Pradesh, which is expected to support incremental customer requirements and volumes during the current financial year.
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Raymond Limited has informed the Exchange regarding a press release dated October 12, 2026, titled "Raymond Limited Accelerates Andhra Pradesh Expansion to Support Growth Momentum".
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RL/SE/26-27/65
October 12, 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
October 12, 2026 titled "Raymond Limited Accelerates Andhra Pradesh Expansion to Support
Growth Momentum.”
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
Press Release
Raymond Limited Accelerates Andhra Pradesh Expansion to
Support Growth Momentum
Mumbai, October 12, 2026: Raymond Limited through its subsidiary companies is
accelerating its capacity expansion in Andhra Pradesh to support strong business
momentum and growing customer requirements. As part of this strategy, the Company’s
subsidiary is setting up an additional brownfield facility in proximity to its existing Mega
manufacturing facility in Andhra Pradesh. The facility is being developed as an interim
capacity augmentation initiative and is expected to support incremental customer
requirements and volumes during the current financial year.
The decision to accelerate brownfield capacity addition reflects the Company’s focus on
responding swiftly to customer demand while maintaining capital and execution discipline.
In parallel, Raymond’s planned greenfield project in Andhra Pradesh is progressing as
scheduled. The greenfield facility is envisaged as a larger, long-term manufacturing
platform that will significantly enhance the Company’s infrastructure and capacity to
support its medium- to long-term growth plans.
Sanjeev Sharma , Joint Managing Director & CEO, JKMPTL- Raymond Group said
“The accelerated expansion in Andhra Pradesh reflects the strong momentum we are
seeing in the business. While our greenfield project remains the foundation for our longer-
term growth, the additional brownfield capacity will allow us to respond faster to current
customer requirements. This approach enables us to capture near-term opportunities
while continuing to build a scalable platform for sustained growth.”
The combination of near-term brownfield expansion and the planned greenfield facility
provides Raymond with a two-stage capacity expansion strategy:
a. Near-term capacity augmentation to address current customer requirements and
incremental volumes; and
b. Long-term scalable infrastructure to support future growth and expanding customer
opportunities.
This expansion reinforces Raymond Limited’s strategy of building a scalable, capital-
efficient manufacturing platform, while progressively strengthening its capabilities to
address opportunities across domestic and global markets.
About Raymond Limited
Press Release
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 &
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 https://www.raymondltd.com/
For further information, please contact:
Shalini Singh,
Head Corporate Communications Raymond Group
Tel: 022 6152 7624 | Email: Shalini.singh@raymond.in |