BSECompany Update7 Aug 2026 · 7 Aug 2026, 06:01 pm
Please find enclosed herewith the intimation of Acquisition.
Raymond Realty Ltd · 544420
✦ AI SummaryM&A
Raymond Realty Ltd has announced the intention to acquire a wholly-owned subsidiary, Ten X Mahalaxmi Limited, to explore and undertake new real estate projects. The acquisition will be made through a cash subscription of Rs.1,00,000/- as the paid-up capital. The subsidiary will be engaged in the real estate business and will be incorporated in India, specifically in the state of Maharashtra.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Raymond Realty Ltd - 544420 - Announcement under Regulation 30 (LODR)-Acquisition
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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