On Tuesday, Raymond said that it had incorporated a step-down subsidiary Ten X Realty Ltd (TXRL), to carry on real estate business to develop land and properties at Thane, Maharashtra.
- WhatsApp Testing ‘Chat with Us’ Feature for Direct Support on Web
- IT Dept Not Using Digi Yatra Data to Target Tax Evaders
- India’s Economic Growth Slows to 5.4%: Impact on Future Policies
- Starlink Launches Direct-to-Cell Services in Ukraine
- Guestara Secures $0.5 Million in Funding
TXRL has been incorporated with the object to undertake real estate business, Raymond said in a regulatory filing.
“A new Company by the name of Ten X Realty Ltd has been incorporated as a step subsidiary of Raymond Ltd with an object to carry on real estate business for development / joint development of land and properties other than existing properties of the Company situated at Thane, Maharashtra,” the company said.
