Raymond Realty Limited Forms Wholly Owned Subsidiary, Ten X Realty South Limited
On May 15, 2026, Raymond Realty Limited incorporated a wholly owned subsidiary company, Ten X Realty South Limited (TXRSL), in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strategic Rationale Behind the Incorporation
The incorporation of TXRSL is part of a strategic initiative aimed at exploring and undertaking new real estate projects, particularly under the redevelopment model.
- To mitigate project-specific risks associated with real estate development
- To engage in the real estate industry and undertake real estate business
Key Details of Ten X Realty South Limited
- Name: Ten X Realty South Limited (TXRSL)
- Date of Incorporation: May 15, 2026
- Corporate Identity Number: U68200MR2026PLC476670
- Registered With: Registrar of Companies, Mumbai, Maharashtra
- Authorized Share Capital: Rs.1,00,000/- divided into 10,000 equity shares of Rs.10/- each
- Turnover: Nil (proposed to be incorporated)
- Industry: Real Estate
- Shareholding: 100% — Wholly Owned Subsidiary of Raymond Realty Limited
- Nature of Consideration: Investment / Subscription in cash by Raymond Realty Limited along with its nominees in 10,000 equity shares of Rs.10/-
- Mailing Address: At Post J. K. Gram, Pokhran Rd No. 01 Thane W, Jekegram, Thane, Thane- 400606, Maharashtra
Ownership and Regulatory Compliance
Raymond Realty Limited, along with its nominees, has subscribed to 10,000 equity shares of Rs.10/- each in TXRSL in cash, making it a 100% wholly owned subsidiary.
The company confirmed that the incorporation does not fall within related party transactions, and no governmental or regulatory approvals are required for this acquisition.
Operational Status
As of the date of filing, TXRSL is yet to commence its business operations.
The entity has been incorporated in India and is registered under the Companies Act, 2013.
Raymond Realty Limited noted that this information would also be made available on its official website at www.raymondrealty.in.
Raymond Realty Limited to Participate in Investor Conference
Raymond Realty Limited has filed an intimation with the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announcing its participation in an upcoming investor conference.
Investor Conference Details
- Date: May 21, 2026
- Mode of Interaction: One-to-One & / Group Meetings
- Hosted By: Centrum Broking Limited
- Conference Name: Nakshatra III - Shining Stars Amid Global Turbulence
- Venue: Virtual
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