Raymond Limited has announced its Board of Directors has approved a proposal to change the company’s name to Raymond Aerospace, Defence & Engineering Limited. This change is subject to shareholder approval via a Special Resolution, and further approvals from the Central Government, stock exchanges, and other regulatory bodies. The proposed name change reflects a strategic shift and potential expansion into new business verticals.
Name Change Approved by Board
The Board of Directors of Raymond Limited has passed a resolution approving a significant change to the company’s name. The proposed new name is Raymond Aerospace, Defence & Engineering Limited. This resolution was passed via circulation on October 24, 2026.
Conditions for Name Change
This proposed name change is contingent upon receiving several key approvals. These include:
- A Special Resolution passed by the Members of the Company.
- Approval from the Central Government (Registrar of Companies / Central Processing Centre).
- Clearance from the Stock Exchanges (BSE Limited and National Stock Exchange of India Limited) as per Regulation 45 of the SEBI Listing Regulations.
- Any other statutory or regulatory approvals mandated by applicable laws.
Alteration of Constitutional Documents
Following the potential name change, the company will also proceed with consequential alterations to its Memorandum of Association (MOA) and Articles of Association (AOA). Specifically, Clause 1 (Name Clause) of the MOA will be altered, and the company name will be substituted in relevant clauses of the AOA. These alterations are subject to the approval of the Company’s Members and other statutory authorities under the Companies Act, 2013.
The company has also stated that this information is available on its website: https://www.raymond.in.
Source: BSE
