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Raymond Realty MD, chairman and AGM

NSE: RAYMONDRELBSE: 544420RealtySmall Cap

Raymond Realty Limited · Face value ₹10 · Listed Jul 2025
Last close ₹597.10up ₹25.70 (4.50%)BSE ₹597.90

Share price at the NSE close on 27 Oct 2026. Previous close ₹571.40.

27 Oct: open ₹577.00, high ₹615.65, low ₹569.20

52-week range of traded prices to 27 Oct 2026
₹349.00Low, 16 Mar 2026₹741.95High, 25 Sep 2026
Market cap
₹3,975 Cr946th largest listed
P/E
13.50
P/B
2.45
Dividend yield
0.34%
ROE
19.9%
ROCE
16.4%
Debt to equity
0.75
Volume, NSE
9,32,95026.4% delivered

Raymond Realty's chairperson is Gautam Hari Singhania and its managing director Harmohan Sahni, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 14 Jul 2026.

Raymond Realty board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonGautam Hari Singhania
  • Managing directorHarmohan Sahni
  • Company Secretary and Compliance OfficerHiren Sonawala

8 directors5 independent1 executive2 non-executive

  • Gautam Hari Singhania · ChairpersonNon-executive · joined May 2025 · 17 months as independent · 3 listed boards · 1 committee seat
  • Harmohan Sahni · Managing directorExecutive · joined May 2025 · 17 months as independent · 2 listed boards · 1 committee seat
  • Gautam TrivediNon-executive · joined May 2025 · 17 months as independent · 3 listed boards · 1 as independent · 3 committee seats, 1 as chair
  • Ashish KapdiaIndependent · joined May 2025 · 17 months as independent · 3 listed boards · 2 as independent · 4 committee seats
  • Dipali ShethIndependent · joined May 2025 · 17 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
  • Kummamuri Narsimha MurthyIndependent · joined May 2025 · 17 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 5 as chair
  • Bharat KhannaIndependent · joined May 2025 · 17 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Virendrasingh BishtIndependent · joined Oct 2025 · 12 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Jatin Khanna, left 21 May 2025: Others
  • Sandeep Maheshwari, left 21 May 2025: Others
  • Krishnan Ashwath Narayan, left 21 May 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 11 Sep 20266 of 8 present3 independent · 34 days in between
    • 7 Aug 20268 of 8 present5 independent · 93 days in between
    • 5 May 20268 of 8 present5 independent
  • Audit Committee

    Chair Kummamuri Narsimha Murthy

    Ashish Kapdia, Bharat Khanna

    • 6 Aug 20263 of 3 present3 independent · 93 days in between
    • 4 May 20262 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Dipali Sheth

    Kummamuri Narsimha Murthy, Ashish Kapdia

    • 25 Jun 20263 of 3 present3 independent · 50 days in between
    • 5 May 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Bharat Khanna

    Dipali Sheth, Gautam Trivedi

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Kummamuri Narsimha Murthy

    Bharat Khanna, Gautam Trivedi

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Dipali Sheth

    Kummamuri Narsimha Murthy, Ashish Kapdia

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditors

Named in the results for the quarter to Mar 2026.

  • M/s. Walker Chandiok & Co. LLPPeer-review certificate valid to May 2028
  • M/s. Chaturvedi and Shah, LLPPeer-review certificate valid to Jun 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Raymond Realty AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Raymond Realty dividend history

Extraordinary general meeting, 8 Oct 2026

2,18,922 shareholders on the register on 1 Oct 2026; present: 8 promoters and 44 others; votes counted by M/s. UMA LODHA & CO. Practising Company Secretaries / Uma Lodha.The company's voting result

  1. To approve Increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 52.70% · promoters 100.00% · institutions 19.45% · other public 0.24%

  2. To approve Preferential Issue of Securities on a Private Placement basis
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.49%

    Turnout: all 52.70% · promoters 100.00% · institutions 19.45% · other public 0.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 14 Jul 2026, 9 resolutions

2,27,871 shareholders on the register on 7 Jul 2026; present: 8 promoters and 60 others; votes counted by M/s. UMA LODHA & CO. Practising Company Secretaries / Uma Lodha.The company's voting result

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.29%

    Turnout: all 53.98% · promoters 100.00% · institutions 34.43% · other public 0.25%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.29%

    Turnout: all 53.98% · promoters 100.00% · institutions 34.43% · other public 0.25%

  3. To consider declaration of Dividend on equity shares of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.17%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  4. To appoint Shri Gautam Hari Singhania (DIN: 00020088) as a Director, who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 20.69% · other public 3.62%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  5. To Ratify Remuneration payable to the Cost Auditors for the Financial Year 2026-27.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.36%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  6. To appoint Secretarial Auditor of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.08%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  7. To approve Payment of Commission to Non-Executive Directors based on Net Profits of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.62%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  8. To approve Increase in the Borrowing Limits of the Company under section 180(1)(c) of the Companies Act, 2013.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.80%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

  9. To approve the Limits for Creation of Securities on the Properties of the Company under section 180(1)(a) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.40%

    Turnout: all 54.03% · promoters 100.00% · institutions 35.06% · other public 0.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 21 Feb 2026, 5 resolutions

2,33,748 shareholders on the register on 16 Jan 2026; votes counted by Smt. Uma Lodha / Uma Lodha & Co. Company Secretaries.The company's voting result

  1. APPROVAL OF ‘RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025’.
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 2.59% · other public 2.04%

    Turnout: all 55.23% · promoters 100.00% · institutions 46.30% · other public 1.04%

  2. APPROVAL FOR EXTENSION OF ‘RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025’ TO EMPLOYEES OF GROUP COMPANY(IES) INCLUDING ITS HOLDING / SUBSIDIARY / ASSOCIATE COMPANY(IES).
    Special
    93.30% for6.70% against

    Against: promoters 0.00% · institutions 61.81% · other public 2.84%

    Turnout: all 55.23% · promoters 100.00% · institutions 46.30% · other public 1.04%

  3. IMPLEMENTATION OF RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025 THROUGH THE TRUST.
    Special
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 31.26% · other public 2.11%

    Turnout: all 55.23% · promoters 100.00% · institutions 46.30% · other public 1.04%

  4. AUTHORIZATION TO THE TRUST FOR SECONDARY ACQUISITION.
    Special
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 31.26% · other public 1.50%

    Turnout: all 55.23% · promoters 100.00% · institutions 46.30% · other public 1.04%

  5. APPROVAL FOR PROVISION OF MONEY BY THE COMPANY TO THE TRUST.
    Special
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 31.26% · other public 1.92%

    Turnout: all 55.23% · promoters 100.00% · institutions 46.30% · other public 1.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 12 Dec 2025, 2 resolutions

2,39,872 shareholders on the register on 7 Nov 2025; votes counted by Smt. Uma Lodha / Uma Lodha & Co. Company Secretaries.The company's voting result

  1. APPOINTMENT OF SHRI VIRENDRASINGH BISHT (DIN: 11350463) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    96.74% for3.26% against

    Against: promoters 0.00% · institutions 21.34% · other public 18.84%

    Turnout: all 57.70% · promoters 100.00% · institutions 57.09% · other public 0.32%

  2. TO RATIFY REMUNERATION PAYABLE TO COST AUDITORS FOR THE FINANCIAL YEAR 2025-26
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.16%

    Turnout: all 57.70% · promoters 100.00% · institutions 57.09% · other public 0.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 21 Feb 2026, 1 fund house

  • APPROVAL OF ‘RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025’.
    1 for0 against
  • APPROVAL FOR EXTENSION OF ‘RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025’ TO EMPLOYEES OF GROUP COMPANY(IES) INCLUDING ITS HOLDING / SUBSIDIARY / ASSOCIATE COMPANY(IES).
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundGovernance Concern: Scheme proposed to be extended to Holding/Associates/Group Companies without compelling reason and without affirmation on cost reimbursement provision.
    0 for1 against
  • IMPLEMENTATION OF RAYMOND REALTY EMPLOYEES STOCK OPTION PLAN 2025 THROUGH THE TRUST.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundNon-Compliant with Companies (Share Capital & Debentures) Rules, 2014 and Non-disclosure of Trustee details as per the requisite legal provision.
    0 for1 against
  • AUTHORIZATION TO THE TRUST FOR SECONDARY ACQUISITION.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundNon-Compliant with Companies (Share Capital & Debentures) Rules, 2014 and Non-disclosure of Trustee details as per the requisite legal provision.
    0 for1 against
  • APPROVAL FOR PROVISION OF MONEY BY THE COMPANY TO THE TRUST.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundNon-Compliant with Companies (Share Capital & Debentures) Rules, 2014 and Non-disclosure of Trustee details as per the requisite legal provision.
    0 for1 against

Mutual fund votes, meeting of 12 Dec 2025, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • APPOINTMENT OF SHRI VIRENDRASINGH BISHT (DIN: 11350463) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundGovernance concern: Non-Compliant with SEBI (LODR), 2015 & Companies Act, 2013: Terms and Conditions of appointment of proposed ID not disclosed on the website of the Company.
    0 for1 against
1 proposal not matched to one resolution
  • Ratification of remuneration of Rs. 1,32,000/- (plus applicable taxes and reimbursement of out of pocket expenses incurred in connection with the audit) to be paid to M/s R. Nanabhoy and Co., Cost Accountants, (Firm Registration Number: 7464) to conduct the audit of the cost records under the Companies (Cost Records and Audit) Rules, 2014 [including any statutory modification(s) or re-enactment(s) thereof for the time being in force] for the Financial Year 2025-26.MoreLess
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake boughtTen X Mahalaxmi LimitedSince 12 Aug 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Tax disputeGoods and Services Tax AuthoritySince 2 Jan 2024
    Appeal against the order of Appellate Authority is filed at the GSTAT on 29.06.2026

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
00Jun 2533Sep 2500Dec 2564Mar 2657Jun 2644Sep 26

Open at the quarter's end

0Jun 250Sep 250Dec 252Mar 260Jun 260Sep 26
At most 2 complaints open, quarter to Mar 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it.