Raymond Realty Limited has successfully completed its postal ballot process on December 12, 2025, securing shareholder approval for two important corporate resolutions. The company conducted the voting exclusively through electronic means via National Securities Depository Limited (NSDL), demonstrating its commitment to digital governance practices and regulatory compliance.

Postal Ballot Process Overview

The postal ballot process addressed two key corporate matters that required shareholder approval. Both resolutions received overwhelming support from the company's shareholders, reflecting strong confidence in the management's strategic decisions.

Resolution 1: Independent Director Appointment

Shareholders approved the appointment of Shri Virendrasingh Bisht (DIN: 11350463) as an Independent Director through a special resolution. This appointment ensures compliance with stock exchange circulars NSE/CML/2018/24 and BSE/LIST/COMP/14/2018-19 dated June 20, 2018.

Resolution 2: Cost Auditors' Remuneration

The second resolution involved ratifying the remuneration payable to cost auditors for the financial year 2025-26. This ordinary resolution received near-unanimous approval from shareholders.

Regulatory Compliance and Process

The postal ballot notice was distributed electronically on November 12, 2025, to all members whose email addresses were registered with the depositories and the company's registrar, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The voting process was conducted in strict compliance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations.

Smt. Uma Lodha of Uma Lodha & Co., Company Secretaries, served as the scrutinizer for the postal ballot process. The company published advertisements in Business Standard (English) and Sakal (Marathi) newspapers on November 13, 2025, informing about the completion of postal ballot notice dispatch.

Corporate Governance Significance

Both resolutions demonstrate Raymond Realty's commitment to maintaining robust corporate governance standards. The appointment of an independent director strengthens the board's independence, while the ratification of cost auditors' remuneration ensures continued compliance with statutory audit requirements. The high approval rates reflect strong shareholder confidence in the company's governance practices and strategic direction. The voting results and scrutinizer's report have been placed on the company's website at www.raymondrealty.in and NSDL's website for transparency.

Raymond Realty conducted an investor conference meeting on December 11, 2025, at BKC, Mumbai, presenting its portfolio expansion plans and financial performance to analysts and institutional investors. The meeting was held in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Portfolio Overview and Revenue Potential

The company showcased its substantial development portfolio comprising ongoing and upcoming projects with significant revenue potential:

Recent Project Launches

Raymond Realty highlighted several key project launches across its portfolio:

Thane Developments

The company recently launched Address by GS Season 3, featuring four towers offering premium 3, 4, 5, and 6 BHK apartments with one tower recently unveiled. The project includes podium-top landscape amenities and 14,500 sq.ft. of high street retail space.

Additionally, Invictus by GS Tower B was launched, offering exclusive 4.5-bed home spaces with dedicated tower amenities.

BKC Project

In Bandra-Kurla Complex, the company launched Invictus by GS, featuring 63 ultra-luxury 3-4 BHK residences with 30 lifestyle amenities, including a skyline-facing 38-meter pool and high street retail. The project offers a total RERA carpet area of 1.10 lakh sq.ft.

Financial Performance Highlights

The presentation revealed strong financial metrics demonstrating the company's growth trajectory:

Recent Quarter Performance (Post-Demerger)

For Q2 FY26, the company reported revenue from operations of ₹697 crores with an EBITDA of ₹101 crores, representing a 14.30% EBITDA margin. Net profit stood at ₹60 crores with a profit margin of 9.90%.

Strategic Growth Initiatives

Raymond Realty outlined its forward-looking strategy focusing on:

• JDA-Led Expansion: Asset-light business model through Joint Development Agreements
• Geographic Focus: Continued concentration on MMR/Pune markets
• Product Branding: Creating distinctive product brands across developments
• Growth Targets: Projected 20% growth in booking value

Leadership and Governance

The company operates under experienced leadership, with Chairman Gautam Hari Singhania bringing over 35 years of experience in transforming Raymond from a textile-centric company into a diversified fashion and lifestyle powerhouse. The management team includes seasoned professionals across real estate, finance, and operations.

Future Pipeline

The presentation indicated plans for additional launches in H2 FY26, including three new JDA launches and four new launches in Thane. The company's project pipeline spans multiple locations including Bandra, Mahim, Sion, Wadala, and Colaba, with revenue potential ranging from ₹1,400 crores to ₹5,000 crores per project.

Raymond Realty's investor presentation demonstrates the company's commitment to transparent communication with stakeholders while showcasing its robust portfolio and growth strategy in the competitive Mumbai real estate market.