Raymond Realty has delivered impressive financial results for Q3, reporting a consolidated net profit of ₹668 million compared to ₹30 million in the same quarter of the previous year. This represents a remarkable year-on-year improvement in the company's bottom line performance.

Financial Performance Overview

The real estate company's Q3 results showcase a significant turnaround in profitability. The consolidated net profit figure demonstrates the company's enhanced operational efficiency and improved market positioning during the quarter.

Strong Operational Results

The substantial increase in consolidated net profit from ₹30 million to ₹668 million reflects Raymond Realty's robust operational performance. This improvement indicates the company's ability to generate higher returns and manage its operations more effectively.

The year-on-year comparison reveals the company's strengthened financial position, with the Q3 results showing significant progress in profitability metrics. This performance demonstrates Raymond Realty's capacity to deliver enhanced value through its real estate operations and strategic initiatives.

Raymond Realty Limited has announced a comprehensive postal ballot seeking shareholder approval for its Employee Stock Option Plan 2025, with electronic voting scheduled from January 23 to February 21, 2026. The company issued the notice on January 08, 2026, outlining five special resolutions for shareholder consideration.

ESOP Plan Overview

The proposed Raymond Realty Employees Stock Option Plan 2025 encompasses significant employee benefit provisions designed to attract and retain talent while aligning employee interests with company growth objectives.

E-Voting Schedule and Process

Shareholders can participate in the decision-making process through remote e-voting facilitated by National Securities Depository Limited. The company has established clear timelines for the voting process.

The postal ballot notice is being distributed electronically to shareholders whose email addresses are registered with the company or depositories as of the cut-off date.

Special Resolutions for Approval

The postal ballot includes five interconnected special resolutions addressing various aspects of the ESOP implementation:

• Resolution 1: Approval of Raymond Realty Employees Stock Option Plan 2025
• Resolution 2: Extension of ESOP benefits to group company employees including holding, subsidiary, and associate companies
• Resolution 3: Implementation of the plan through trust mechanism
• Resolution 4: Authorization for secondary market acquisition of up to 3,00,000 equity shares (0.45% of paid-up capital)
• Resolution 5: Approval for company loan provision to trust not exceeding 5% of aggregate paid-up share capital and free reserves

Share Acquisition Structure

The ESOP plan incorporates a dual approach for share acquisition to ensure adequate inventory for option exercises.

Eligibility and Benefits

The ESOP plan targets employees exclusively working in India or internationally, including directors (excluding promoters, promoter group members, independent directors, and those holding more than 10% equity). The plan also accommodates existing option holders from the Raymond Limited ESOP 2023 following the recent demerger.

Eligibility criteria encompass performance metrics, merit assessment, grade levels, conduct evaluation, and service tenure, with determinations made by the Nomination and Remuneration Committee. Individual employees can receive options up to 1% of issued capital annually without separate shareholder approval.

Corporate Governance and Compliance

Smt. Uma Lodha, Company Secretary in Practice, has been appointed as scrutinizer to ensure fair and transparent voting processes. The company will maintain compliance with SEBI ESOP Regulations, Companies Act 2013, and applicable accounting standards using fair value methodology for option valuation.

Results will be communicated to stock exchanges and published on company and NSDL websites following scrutinizer report submission. The plan includes provisions for corporate action adjustments and share subdivision or consolidation scenarios to protect option holder interests.

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