NSEGeneral Updates7 Aug 2026 · 7 Aug 2026, 06:05 pm

General Updates

Raymond Realty Limited · RAYMONDREL

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Raymond Realty Limited has informed the Exchange about the acquisition of a wholly owned subsidiary company, Ten X Mahalaxmi Limited, to explore and undertake new real estate projects.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Full Announcement

Raymond Realty Limited has informed the Exchange about Acquisition.

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RRL_07082026180536_SE_TXML.pdf

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RAYMOND REALTY LIMITED RRL/SE/26-27/39 August 07, 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: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Ref: Raymond Realty Limited (ISIN: INE1SY401010). Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that as a strategic initiative to explore and undertake new real estate projects, particularly under the redevelopment model and in order to mitigate project-specific risks, the Board of Directors of Raymond Realty Limited ("the Company") at their meeting held today i.e. Friday, August 07, 2026 have approved to incorporate a wholly owned subsidiary of the Company and investment of initial subscription amount of Rs.1,00,000/- as the paid up capital. As required under SEBI Listing Regulations read with Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, the details of proposed wholly owned subsidiary company to be incorporated, are enclosed as Annexure A. The Meeting of the Board of Directors commenced at 04:00 P.M. (IST) and concluded at 05:30 P.M. (IST). This information shall also be made available on the website of the Company i.e. www.raymondrealty.in. 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 RAYMOND REALTY LIMITED Annexure A Sr. Particulars Details a) Name of the target entity, details in brief Ten X Mahalaxmi Limited (‘TXML’) is such as size, turnover etc. proposed to be incorporated as a wholly owned subsidiary company (‘WoS’) with an Authorized Share Capital of Rs.1,00,000/- divided into 10,000 equity shares of Rs.10/- each. Turnover: Nil as it is proposed to be incorporated. b) Whether the acquisition would fall within Not Applicable related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c) Industry to which the entity being Real Estate Industry acquired belongs d) Objects and effects of acquisition It is proposed to incorporate a WoS with (including but not limited to, disclosure of the object to undertake real estate reasons for acquisition of target entity, if business. its business is outside the main line of business of the listed entity) e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; f) Indicative time period for completion of Not Applicable the acquisition; g) Nature of consideration– whether cash Subscription in cash by Raymond Realty consideration or share swap or any other Limited along with its nominees in 10,000 form and details of the same; equity shares of Rs.10/- each on incorporation of the Company. h) Cost of acquisition or the price at which - Same as point (g) above - the shares are acquired; i) Percentage of shareholding / control 100%, Wholly owned subsidiary of acquired and / or number of shares Raymond Realty Limited. acquired; j) Brief background about the entity It is proposed to be incorporated in India acquired in terms of products/line of in the state of Maharashtra. The proposed 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 RAYMOND REALTY LIMITED Sr. Particulars Details business acquired, date of incorporation, entity will be engaged in the real estate history of last 3 years turnover, country in business. which the acquired entity has presence and any other significant information (in brief) 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