Shah Metacorp Board Meeting Scheduled on May 20, 2026 to Del...
Source: scanx.trade
Raymond Realty Limited has incorporated a wholly owned subsidiary company, Ten X Realty South Limited (TXRSL), on May 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Certificate of Incorporation was received from the Ministry of Corporate Affairs / Registrar of Companies, Central Registration Centre on May 16, 2026. This development was communicated to the stock exchanges via a regulatory filing dated May 16, 2026.
Strategic Rationale for Incorporation
The incorporation of TXRSL is described as a strategic initiative to explore and undertake new real estate projects, particularly under the redevelopment model. The move is also aimed at mitigating project-specific risks associated with real estate development. TXRSL has been incorporated with the object to undertake real estate business and will be engaged in the real estate industry.
Key Details of Ten X Realty South Limited
The following table summarises the key details of the newly incorporated subsidiary as disclosed in the regulatory filing:
Parameter: Details 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. The information has been disclosed in accordance with SEBI Listing Regulations read with Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
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 . The regulatory filing was signed by Hiren Sonawala, Company Secretary of Raymond Realty Limited (formerly known as Raymond Lifestyle Limited).
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. The disclosure, dated May 15, 2026, was submitted by Company Secretary Hiren Sonawala on behalf of the company, formerly known as Raymond Lifestyle Limited.
Investor Conference Details
Raymond Realty's representatives are scheduled to participate in the investor conference hosted by Centrum Broking Limited. The key details of the event are outlined below:
Parameter: 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
Presentation and Disclosure
The presentation to be made at the conference is the Investor Presentation on Q4 FY26 & FY26 Results. The company has noted that this presentation has already been submitted to the stock exchanges and is also available on the official website of the company. Investors and stakeholders can access the presentation through these channels ahead of the conference.
The company has also noted that the schedule may undergo change due to exigencies on the part of investors or the company.
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Source: scanx.trade
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