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Raymond Singhania divorce: Raymond gets independent legal counsel to advise co amid Singhania marital dispute

Raymond s Independent Directors have retained Berjis Desai, a senior independent legal counsel, to advise the company amidst the ongoing marital dispute between Chairman and MD Gautam Singhania and Nawaz Modi. The Independent Directors aim to ensure the dispute does not impact the Chairman s ability to manage the company. Proxy advisory firm IiAS previously urged independent directors to appoint an interim CEO and investigate allegations of assault and misuse of company funds. ....

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Raymond independent directors must protect company from promoters, if need be: Proxy advisory firm IiAS

Gautam Singhania-Nawaz Modi separation: “We believe that any settlement between the two promoters cannot mean that such behaviour, unless the investigation shows otherwise, be condoned,” proxy advisory firm IiAS stated. ....

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Business As Usual, Fully Committed To Smooth Functioning Of Raymond: CMD Gautam Singhania

Earlier this month, Singhania said he has separated from his wife Nawaz, in an announcement that came amid speculation over the future of the 32-year relationship. ....

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It's business as usual at Raymond, Gautam Singhania tells staff

Fully committed towards the smooth functioning of the company and its business, Singhania wrote to the board and employees of Raymond ....

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Gautam Singhania writes to board, assures Raymond's smooth functioning amid public spat with estranged wife

In an internal email accessed by CNBC-TV18, the business tycoon of the textile company wrote that he remains resolute as the Chairman and Managing Director and is fully committed towards the smooth functioning of the company and its business. ....

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