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Raymond shares in focus as board approves name change proposal, stock has offered 152.22% YTD return

Raymond Limited shares are on investors' radar after the company announced a major corporate rebranding initiative. The company has informed exchanges that its board of directors has approved a proposal to change the company's name from Raymond Limited to Raymond Aerospace, Defence & Engineering Limited. According to the information shared, the decision was approved via a resolution passed through circulation on October 24, 2026. Alongside this, the board has approved the consequential alteration of Clause 1 (Name Clause) of the Memorandum of Association (MOA) and the replacement of the company name across relevant clauses of the Articles of Association (AOA).