Raymond Realty Limited board approved incorporating a wholly-owned subsidiary for new real estate projects.
The subsidiary, Ten X Realty South Limited, will have an initial paid-up capital investment of ₹1,00,000.
The initiative aims to explore redevelopment projects and mitigate project-specific risks.
The board meeting was held on May 05, 2026, from 02:04 PM to 03:55 PM IST.