BSECompany Update2 Nov 2026 · 2 Nov 2026, 07:55 pm
Please find enclosed herewith the Press Release.
Raymond Realty Ltd · 544420
✦ AI Summary▲ Positivegovernance
Raymond Realty Limited has reaffirmed its strong governance framework, highlighting sustained business momentum and audit continuity. The company has secured a ₹210 crore investment from the ICICI Prudential Real Estate Development Fund and has an estimated gross development value of ₹520 billion.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Raymond Realty Ltd - 544420 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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RAYMOND REALTY LIMITED
RRL/SE/26-27/84
November 02, 2026
The Department of Corporate Services – CRD, National Stock Exchange of India Limited,
BSE Limited, Exchange Plaza, 5th Floor,
P.J. Towers, Dalal Street, Bandra-Kurla Complex,
Mumbai - 400 001. Bandra (East), Mumbai - 400 051.
Scrip Code: 544420 Symbol: RAYMONDREL
Dear Sir/Madam,
Sub: Raymond Realty Limited: Intimation under Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Press Release.
Ref: Raymond Realty Limited (ISIN: INE1SY401010).
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015 (‘SEBI Listing Regulations’), we enclose herewith the Press Release –
“Raymond Realty Reaffirms Strong Governance Framework, Highlights Sustained
Business Momentum and Audit Continuity”.
This information shall also be made available on the website of the Company i.e.
www.raymondrealty.in in terms of Regulation 30 and 46 of the SEBI Listing Regulations.
Kindly take the same on record and acknowledge.
Thanking You,
Yours faithfully,
For Raymond Realty Limited
(formerly known as Raymond Lifestyle Limited)
Hiren Sonawala
Company Secretary
Encl: a/a
Regd. Offic e: Jekegram, Pokhran Road No.1, Thane (W)- 400 606.
CIN: L41000MH2019PLC332934 | Tel.: +91 22 6837 3700 | Website: raymondrealty.in | Email ID: raymondrealty.corporate@raymond.in
PRESS RELEASE
November 02, 2026
Raymond Realty Reaffirms Strong Governance Framework, Highlights
Sustained Business Momentum and Audit Continuity
Mumbai, November 02, 2026: Raymond Realty Limited today reinforced its commitment to robust
corporate governance, fiscal discipline, and reporting integrity as it continues its rapid expansion
across the Mumbai Metropolitan Region (MMR). Supported by industry-leading advisory partnerships,
the Company remains focused on executing its high-growth real estate strategy while safeguarding
long-term shareholder value.
Uninterrupted Audit Continuity and Fiscal Discipline: Ensuring seamless operational continuity and
the highest standards of financial reporting, M/s. Walker Chandiok & Co. LLP, a leading independent
auditing firm, continues to serve as the Statutory Auditor for Raymond Realty. Walker Chandiok & Co.
LLP will oversee all financial auditing processes, ensuring seamless operational continuity and high
standards of financial oversight for shareholders and stakeholders.
The Company recently concluded its joint auditing arrangement with M/s. Chaturvedi & Shah LLP. This
transition aligns with Raymond Realty’s strict internal cost management policies across all vendor and
professional services engagements, following a commercial disagreement regarding a requested audit
fee revision. The departing auditors confirmed there are no concerns regarding the Company’s
management and successfully fulfilled all reporting obligations through Q3FY27 prior to their departure.
In addition to robust statutory oversight, Raymond Realty maintains rigorous proactive governance
practices. To ensure complete transparency, arm's length pricing, and adherence to the highest
compliance standards, the Company relies on independent third-party review and certification
conducted by M/s. E&Y LLP for all Related Party Transactions.
Beyond its stringent governance frameworks, Raymond Realty’s core business fundamentals continue
to strengthen. The Company is successfully executing its asset-light Joint Development Agreement
(JDA) strategy, which now comprises eight projects with a revenue potential of approximately ₹27,000
crore. The total portfolio is currently valued at an estimated ₹52,000 crore in Gross Development Value
(GDV). Underscoring institutional confidence in this growth trajectory and execution capability, the
Company recently secured a ₹210 crore investment from the ICICI Prudential Real Estate Development
Fund.
“Raymond Realty operates with an unwavering focus on capital efficiency, transparency, and scalable
growth. Our governance frameworks, supported by premier audit and advisory partners, are designed
to protect and maximize shareholder value. As we scale our footprint across the MMR, our disciplined
approach to cost management and our robust asset-light strategy position us to deliver exceptional
residential spaces and long-term institutional returns.” said Harmohan Sahni, Managing Director &
CEO of Raymond Realty.
About Raymond Realty
Raymond Realty Limited is one of India’s fastest-growing real estate developers, headquartered in Mumbai and
part of the iconic Raymond Group. Bringing the Group’s century-long legacy of trust, quality, and excellence into
the real estate sector, Raymond Realty is a focused, pure-play branded real estate developer with a strong
presence across the Mumbai Metropolitan Region (MMR). Since its foray into real estate in 2019, the company has
already carved position amongst the Top 10 Real Estate players in the country and delivered landmark residential
and commercial projects characterized by superior design, timely execution, and customer-centric innovation.
With iconic aspirational, premium, and super premium residential brands (TenX, The Address by GS and Invictus
CORPORATE OFFICE:
Jekegram, Pokhran Road No.1, Thane (W), Thane - 400 606, Maharashtra, India.
PRESS RELEASE
by GS), 100 acre owned land and 8 Joint Development Agreements, the company currently has an estimated gross
development value of approximately ₹520 billion.
Disclaimer:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to
certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and
many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-
looking statements. Raymond Realty Limited will not be in any way responsible for any action taken based on such statements
and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or
circumstances.
To know more, visit us today at www.raymondrealty.in
For further information, please contact:
Shalini Singh
Corporate Communications
Raymond Limited
Tel: 022 6152 7624
Email: Shalini.singh@raymond.in
CORPORATE OFFICE:
Jekegram, Pokhran Road No.1, Thane (W), Thane - 400 606, Maharashtra, India.