Board approves proposal to rename from Raymond Limited to Raymond Aerospace, Defence & Engineering Limited
Name change proposed: Raymond Limited → Raymond Aerospace, Defence & Engineering Limited.
By ScoutQuest · · 2 min read
- Proposed new name
- Raymond Aerospace, Defence & Engineering Limited
- Board approval date
- October 24, 2026
- Approvals required
- Members' Special Resolution, Central Government (RoC/CPC), and stock exchange approvals
Name change proposed
The Board of Directors of Raymond Limited has considered and approved a proposal to change the name of the Company from Raymond Limited to Raymond Aerospace, Defence & Engineering Limited. The Board acted through a resolution passed by circulation on October 24, 2026.
What else the Board approved
- The consequential alteration of Clause I (Name Clause) of the Memorandum of Association.
- Substitution of the name in the relevant clauses of the Articles of Association.
A name change is not done yet
The proposal is subject to several approvals before the new name becomes the Company's name:
- Approval of the Members of the Company by way of a Special Resolution.
- Approval of the Central Government (Registrar of Companies / Central Processing Centre).
- Approvals of the Stock Exchanges, BSE Limited and National Stock Exchange of India Limited, pursuant to Regulation 45 of the SEBI Listing Regulations.
- Such other statutory or regulatory approvals as may be required under applicable laws.
The alteration of the Memorandum of Association and Articles of Association is likewise subject to the approval of the Members and other statutory authorities under the Companies Act, 2013 read with the SEBI Listing Regulations.
Why the word to watch is proposed
The Board has approved the proposal. The change itself is described as subject to the approvals listed above, so the Company's name on the exchanges and on its records stays as it is until those steps are completed.
What a retail investor can take away
- This is a disclosure about a corporate action of the Company's name and its governing documents.
- The stated proposed name points to Aerospace, Defence and Engineering, but the intimation carries no financial figures, business details or timeline.
- The next formal step indicated is approval of the Members by Special Resolution.
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