March 8, 2026

Raymond Enters Aerospace, EV Parts and Defence Biz; Acquires 59.25% Stake in MPPL For Rs 682 Crore

Raymond Enters Aerospace, EV Parts and Defence Biz; Acquires 59.25% Stake in MPPL For Rs 682 Crore

The acquisition of majority stake by Raymond in MPPL is being funded by a mix of debt and internal accruals

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