Real Estate
Raymond Realty Expands with New Entity: Chembur Realty Limited
Raymond Lifestyle's board has approved the establishment of a new entity, Chembur Realty Limited, to focus on new real estate projects. This strategic move is part of the company's corporate restructuring initiative.
real estate news
Raymond Realty Makes Market Debut After Demerger: A Strategic Move in the Real Estate Sector
Shares of Raymond Realty, the newly demerged real estate arm of Raymond, made their debut on the stock exchanges today, marking a significant step in the group's restructuring efforts.
Real Estate
Raymond Realty Set for Early July Listing Amid Corporate Restructuring
Raymond Realty, a subsidiary of the Raymond Group, is on track to list in early July. The listing aims to streamline the group's corporate structure and comes as the third publicly traded entity under the conglomerate.
real estate news
Aditya Birla Real Estate Sells Pulp and Paper Business to ITC for ₹3,498 Crore
Aditya Birla Real Estate (ABREL) has announced the sale of its pulp and paper business to ITC for ₹3,498 crore. This strategic move aims to streamline operations and focus on core business areas. The transaction highlights the growing trend of corporate restructuring in the Indian market.
Real Estate
NCLT Orders Jaiprakash Associates to be Sold as a Single Unit, Rejecting Asset Division
The National Company Law Tribunal (NCLT) has ruled that Jaiprakash Associates Limited (JAL) must be sold as a single unit, rejecting the proposal to divide its assets into eight clusters. This decision could have significant implications for the restructu