Raymond Realty Limited has announced the approval by its Board of Directors to invest an initial subscription amount of ₹10,000 as paid-up capital into its newly incorporated wholly owned subsidiary, Chembur Realty Limited. This strategic move, approved during the board meeting held on January 27, 2026, aims to establish Chembur Realty Limited to undertake real estate business. The subsidiary has an authorized share capital of ₹1,00,000 divided into 10,000 equity shares of ₹10 each. Chembur Realty Limited was incorporated in India on October 29, 2025, and is registered with the Registrar of Companies, Mumbai, Maharashtra. As a newly incorporated entity, it currently has no turnover and has yet to commence business operations. The investment represents 100% shareholding in the subsidiary.
