Support and Resistance Levels
Past performance
About Raymond Lifestyle Ltd Raymond Lifestyle Limited, initially incorporated as Ray Universal Trading Private Limited in 2018, has undergone several name and structural changes, becoming a public company in 2020. It was eventually renamed Raymond Lifestyle Limited in 2024. The company specializes in the manufacture and sale of condoms. In 2024, as part of a Composite Scheme of Amalgamation & Arrangement involving Raymond Limited and Ray Global Consumer Trading Limited, Raymond Lifestyle Limited acquired the Lifestyle Business Undertaking from Raymond Limited. This demerger resulted in the issuance of 6,09,23,629 equity shares to Raymond Limited shareholders. Additionally, Ray Global Consumer Trading Limited was amalgamated into Raymond Lifestyle Limited, with a share exchange ratio of 4:5, offering shareholders of Raymond Limited 4 shares of Raymond Lifestyle for every 5 shares held. This strategic restructuring positions Raymond Lifestyle Limited as a significant player in the lifestyle segment under the broader Raymond brand.