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Raymond History | Raymond Information - The Economic Times - During September, the Company issued US $63 million comprising of 39,57,286 GDRs equal to 79,14,572 No. of equity shares at a price of US $ 15.92 per GDR. 1994 - The name of the Company was changed from Raymond Woollen Mills Ltd. to Raymond Limited. 1995 - A new brand of cement `Dura-Guard' a high degree of durability was .
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The Raymond Group was incorporated in 1925; and within a span of a few years, transformed from being an Indian textile major to being a global conglomerate.
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When Lala Kailashpat Singhania took over Raymond in 1944, the mill was used to manufacture coarse woollen blankets and modest quantities of low-priced woolen fabrics. Soon Raymond embarked upon a gradual phase of adapting new technology innovations which led .
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