Raymond calls Deharde acquisition news speculative, confirms Rs 330.88 cr fundraise
RAYMOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSE sought clarification from Raymond on news of talks to acquire German firm Deharde. The company called the article speculative and said it does not endorse its contents, except the first statement. Raymond confirmed it evaluates strategic opportunities in the ordinary course. It also highlighted a Rs 330.88 crore preferential share warrant issue approved by Board on May 25 and shareholders on June 18, 2026, with up to 75 percent of proceeds earmarked for acquisitions in India and abroad. No undisclosed information or legal proceedings were reported.
Stock may see volatility on speculative M&A news. Fundraise with 75% earmarked for acquisitions signals inorganic growth intent.