Announced Thu, 8 Oct, 2026 · 19:34 IST
Raymond Realty invests Rs 90,000 in wholly-owned subsidiary TXRNL
RAYMONDREL · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Raymond Realty has invested Rs 90,000 in its wholly-owned subsidiary Ten X Realty North Limited (TXRNL) by subscribing to 9,000 equity shares of Rs 10 each via a right issue. TXRNL operates in real estate and reported NIL turnover for FY26. Since TXRNL is already a 100% subsidiary, ownership remains unchanged. The transaction is at arms length and is a routine capital infusion.
Likely market impact
Minor routine capital infusion into wholly-owned subsidiary; no change in ownership or material impact on shareholders.