Raymond Reappoints Dinesh Lal as an Independent Director, Mukeeta Jhaveri Retires
The Board of Directors of Raymond Limited has approved the reappointment of Dinesh Lal as an Independent Director for a second term of three years, with effect from August 1, 2024.
Gautam Singhania Reappointed as MD of Raymond
On May 3, Raymond announced to the stock exchanges that Gautam Hari Singhania has been reappointed as Managing Director for five years, with effect from July 1, 2024.
Raymond’s Independent Director Shiv Surinder Kumar Retired
Shiv Surinder Kumar, Independent Director of Raymond Limited, whose current term expired on February 14, 2024, has conveyed his desire to not seek reappointment for the second term considering his other professional engagements, which require enhanced time commitment.
Raymond Appoints Berjis Desai As Independent Legal Counsel To Advise The Board
Raymond has appointed Berjis Desai as senior independent legal counsel to provide advice on matters beyond the scope of the current legal team, according to a stock exchange filing.
IiAS advises independent Directors to investigate accusations against Raymond’s promoters
A proxy advisory firm has recommended that the Independent Directors of Raymond Limited investigate the accusations against Chairman and Managing Director (CMD) Gautam Singhania, raised by his estranged wife Nawaz Modi.