Raymond Lifestyle Limited has informed the Exchange about General Updates
RAYMONDLSL · price
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Raymond Lifestyle Limited has informed stock exchanges that Income Tax Department officials visited some of its offices and manufacturing units in India on September 25, 2025. The action is a survey conducted under Section 133A of the Income Tax Act, 1961, which is typically used by tax authorities to verify records and check compliance at business premises. The proceedings are currently underway, and the company has stated it is extending full cooperation to the officials. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the intimation has also been posted on the company's website.
A Section 133A survey is generally less severe than a full search and seizure operation (Section 132), so it may not indicate serious wrongdoing. However, the news could create short-term uncertainty and pressure on the stock price until the outcome of the survey is known. Investors should watch for any further updates on potential tax demand or penalty.