Gautam Singhania, chairman and managing director of fabric and apparel major Raymond, has emphasized that his personal life has no bearing on his businesses, which have shown significant growth and transformation during the pandemic. Singhania, 58, is currently embroiled in a settlement dispute with his estranged wife Nawaz Modi Singhania, 54, following their separation announcement in November.
Raymond reported an 18% rise in fourth-quarter profit on Friday, buoyed by strong demand for its real-estate segment. Its revenue from operations rose 21% in the quarter.
Gautam Singhania, chairman and managing director of fabric and apparel major Raymond, has emphasized that his personal life has no bearing on his businesses, which have shown significant growth and transformation during the pandemic. Singhania, 58, is currently embroiled in a settlement dispute with his estranged wife Nawaz Modi Singhania, 54, following their separation announcement in November.
Nawaz Modi Singhania was removed from the boards of some group companies- JK Investors (Bombay), Raymond Consumer Care, and Smart Advisory and Finserve.