Raymond Limited has informed the Exchange regarding 'Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of Raymond Limited ( the Company ) at their meeting held today i.e., March 22, 2025, have approved to invest an amount up to Rs. 65 Crore in the form of Redeemable Preference Shares in one or more tranches in Ten X Realty East Limited ( TXREL ), a step down wholly owned subsidiary of the Company.'.