Shopper's Stop Limited - Securities and Exchange Board of India

OUR PROMOTERS
We have been promoted by the ’K. Raheja Corp Group (Chandru L Raheja Group)’, one of the leading
business houses in the country in the sector of real estate development and hotels which is led by Mr.
Chandru L Raheja.
Some of the entities constituting the K Raheja Corp Group were initially part of a larger business house
founded by (late) Mr. L. S. Raheja, the father of Mr. Chandru L Raheja which had interests in real estate
development. In the year 1996, pursuant to a family business restructuring, a distinct identity known as
‘K. Raheja Corp’ was created under the leadership of Mr. Chandru L. Raheja.
One of the major real estate development projects launched under this new identity comprising the
development of commercial and residential buildings is known as “Mindspace”, and is located at Malad
(West), Mumbai, Maharashtra. About 1 million sq. feet has already been developed in the last five years.
As a part of Mindspace, a large shopping mall known as “Inorbit” has recently been launched in February
2004 and houses, amongst others, retail stores such as Shoppers’ Stop, Crossword, Lifestyle, Giant and
Planet M.
The K. Raheja Corp Group also has diverse interests in the Indian hotels industry which includes The
Renaissance Mumbai Hotel & Convention Center (Mumbai), Marriott Executive Apartments, (Powai,
Mumbai), JW Marriott Hotel, (Juhu, Mumbai) and The Resort, (Malad, Mumbai). All these are 5 Star
Hotels and are professionally managed. Recently, the K. Raheja Corp Group has launched a project at
Hyderabad called “Mindspace, Cyberabad”.
Our Promoters include the following:
Mr. Chandru L. Raheja, 64, LLB (Voter ID. No. MT/08/036/196090*,
is our Chairman.
He is also the Chairman of K. Raheja Corp. Group, and has been
engaged in the business of real estate development for more than
four decades. Under his leadership the ‘K Raheja Corp Group’ has
built several structures all over the country comprising residential,
commercial buildings, and hotels. His vision and futuristic outlook
lead the group into integrated township development called
Mindspace in Malad at Mumbai.
Apart from being involved with the real estate, hospitality and retail
business Mr. Chandru Raheja also takes keen interest in charitable
organizations .
Mrs. Jyoti C. Raheja, 52, B.Com (Voter ID. No. MT/08/036/196004,
Driving License No. MH02-99/49029*,)is the wife of Mr. Chandru L
Raheja who took keen interest in the initial stages of setting up of all
the K. Raheja Corp Group. She was actively involved in the
administration and personnel function of the real estate business in
the formative stages of the Group. She continues to assist Mr.
Chandru L Raheja in many of the day-to-day activities.
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