ABFRL posts Rs 164 cr loss on 16% revenue growth to Rs 1,990 cr. Pine Labs swings to Rs 59 cr profit on 17% sales rise. Awfis profit doubles to Rs 23 cr; Travel Food Services revenue up 26%. Raymond raises Rs 331 cr via promoter warrants; Lemon Tree adds Kumbakonam property.

Business Today · Latest · 5/26/2026, 2:00:03 AM

Raymond will issue 66.57 lakh convertible warrants at ₹497 each to promoter entity JK Investors via preferential allotment, raising ₹330.88 crore. The infusion lifts promoter stake to 36.21% on a fully diluted basis, signalling promoter conviction as the group navigates its lifestyle and realty demerger.

CNBC-TV18 · Companies · 5/25/2026, 1:42:11 PM