Raymond Limited Shares Reclassified, Shifted To 'A' Group From 'T' Group

Mumbai: The Bombay Stock Exchange (BSE) has announced a change in the trading classification of Raymond Limited’s equity shares. As per Notice No. 20250514-65 dated May 14, 2025, and in continuation of a prior notice dated May 09, 2025, Raymond’s equity shares (Scrip Code: 500330) will be reclassified from the "T" Group to the "A" Group, effective from May 28, 2025.

The "A" Group comprises shares of companies that meet higher compliance, corporate governance, and liquidity standards. Movement into this category typically reflects improved performance and credibility in the market. The earlier "T" Group classification indicated trade-to-trade settlement, generally associated with lower liquidity and speculative trading.

This development signals a positive shift for Raymond Limited, suggesting improved investor confidence and eligibility for broader trading facilities. The change may enhance visibility among institutional investors and facilitate increased volumes in share trading.

Trading Members and market participants are advised to update their systems and processes to reflect this upcoming change in group classification. The Exchange has urged all members to take due note and prepare for the transition by the specified effective date.