BSECompany Update12 Aug 2026 · 12 Aug 2026, 10:55 pm
Please find enclosed herewith intimation of incorporation of new wholly owned subsidiary in the name of Ten X Mahalaxmi Limited on August 12, 2026.
Raymond Realty Ltd · 544420
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Raymond Realty Ltd has incorporated a wholly owned subsidiary company, Ten X Mahalaxmi Limited, to explore and undertake new real estate projects, particularly under the redevelopment model and to mitigate project-specific risks.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Raymond Realty Ltd - 544420 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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RAYMOND REALTY LIMITED
RRL/SE/26-27/44
August 12, 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).
Further to our letter no. RRL/SE/26-27/39 dated August 07, 2026 and pursuant to Regulation
30 of the SEBI Listing Regulations, this is to inform you that, Raymond Realty Limited has
incorporated a wholly owned subsidiary company by the name of ‘Ten X Mahalaxmi Limited’
on August 12, 2026, 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
Certificate of Incorporation received from Ministry of Corporate Affairs / Registrar of
Companies, Central Registration Centre on August 12, 2026 is attached herewith for your
reference.
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 Ten X Mahalaxmi
Limited, wholly owned subsidiary company, are enclosed as Annexure A.
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 a
such as size, turnover etc. wholly owned subsidiary company (‘WoS’)
having 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 TXML has been incorporated with the
(including but not limited to, disclosure of object to undertake real estate business.
reasons for acquisition of target entity, if
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 Investment / Subscription in cash by
consideration or share swap or any other Raymond Realty Limited along with its
form and details of the same; nominees in 10,000 equity shares of
Rs.10/-.
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 TXML is incorporated in India on
acquired in terms of products/line of August 12, 2026 and registered with
business acquired, date of incorporation, Registrar of Companies, Mumbai,
history of last 3 years turnover, country in Maharashtra and is yet to commence its
which the acquired entity has presence business operations.
and any other significant information (in
brief) TXML will be engaged in the real estate
business.
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
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
Central Registration Centre
Certificate of Incorporation
[Pursuant to sub-section (2) of section 7 and sub-section (1) of section 8 of the Companies Act, 2013 (18 of 2013) and rule
18 of the Companies (Incorporation) Rules, 2014]
I hereby certify that TEN X MAHALAXMI LIMITED is incorporated on this TWELFTH day of AUGUST TWO THOUSAND
TWENTY SIX under the Companies Act, 2013 (18 of 2013) and that the company is Company limited by shares
The Corporate Identity Number of the company is U68100MR2026PLC479682
The Permanent Account Number (PAN) of the company is AANCT4925B*
The Tax Deduction and Collection Account Number (TAN) of the company is PNET23455F*
Given under my hand at Manesar this TWELFTH day of AUGUST TWO THOUSAND TWENTY SIX
DocumentcertifiedbyDSMINISTRYOFCORPORATE
AFFAIRS,CRCMANESAR2<ROC.CRC@MCA.GOV.IN>.
Digitally signed by
DS MINISTRY OF CORPORATE
AFFAIRS , CRC MANESAR 2
Date: 2026.08.12 21:22:52 IST
Indora Deepmala
Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies
For and on behalf of the Jurisdictional Registrar of Companies
Registrar of Companies
Central Registration Centre
Disclaimer: This certificate only evidences incorporation of the company on the basis of documents and declarations of the
applicant(s). This certificate is neither a license nor permission to conduct business or solicit deposits or funds from public.
Permission of sector regulator is necessary wherever required. Registration status and other details of the company can be
verified on mca.gov.in
Mailing Address as per record available in Registrar of Companies office:
TEN X MAHALAXMI LIMITED
At Post J. K. GRAM, Pokhran Rd No. 01 Thane W, Jekegram, Thane, Thane- 400606, Maharashtra
*as issued by Income tax Department