Raymond Ltd re-appoints Gautam Singhania as MD for a five-year term, starting July 1, 2024, pending shareholder approval.
Raymond Ltd re-appoints Gautam Singhania as Managing Director for a five-year term starting July 1, 2024, subject to shareholder approval. Singhania's reappointment follows the recent removal of Nawaz Modi Singhania from the boards of three privately held companies, amid his ongoing divorce dispute with the company's chairman. Raymond's Q4 earnings, announced alongside the reappointment, saw shares fall over 3%.
May 03, 2024
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