Raymond Realty Reaffirms Governance, Business Momentum

Raymond Realty Limited has reaffirmed its commitment to strong corporate governance and business momentum. The company highlighted its ongoing expansion in the Mumbai Metropolitan Region (MMR) and its asset-light Joint Development Agreement (JDA) strategy, which now includes eight projects with a revenue potential of approximately ₹32,700 crore. Raymond Realty also announced that M/s. Walker Chandiok & Co. LLP will continue as its Statutory Auditor, ensuring uninterrupted audit continuity. The company recently concluded its joint auditing arrangement with M/s. Chaturvedi & Shah LLP due to a commercial disagreement regarding audit fees. For Related Party Transactions, Raymond Realty relies on independent third-party review and certification by M/s. E&Y LLP. The company also secured a ₹210 crore investment from the ICICI Prudential Real Estate Development Fund.