06-Jul-2026 11:35:10

RAYMOND LIMITED : EXPANSION INTO DEFENCE BUSINESS

• Raymond Limited announced the appointment of Bhanu Prakash Srivastava as Chief Executive Officer – Defence. • Srivastava brings nearly four decades of experience from Bharat Electronics Limited (BEL). • He will lead Raymond's defence business, focusing on strategic vision and operational roadmap. • The appointment marks a significant milestone in the company's expansion into the defence and aerospace sector. • Raymond aims to develop advanced capabilities in India and support the nation's defence preparedness. • Srivastava's prior role as Chairman & Managing Director of BEL saw a tripling of market capitalization.

Raymond Limited

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