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Raymond gets nod to invest Rs 50 crore in Ten X Realty

12 Sep 2024 Evaluate

Raymond has received approval to invest an amount up to Rs 50 crore in the form of Redeemable Preference Shares in one or more tranches in Ten X Realty (TXRL), a step down wholly owned subsidiary of the Company. Investment in Redeemable Preference Shares of TXRL is being approved to provide funding for real estate project undertaken by TXRL. The Board of Directors of the company at their meeting held on September 12, 2024, have approved the same. 

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world. 


Raymond Share Price

447.00 2.70 (0.61%)
24-Apr-2026 09:25 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4571.00
SpiceJet 15.19
Raymond 447.00
Global Vectra Helico 194.00
Taneja Aerospace 277.20
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