Welcome Raymond: Gautam Singhania Reappointed as Chairman & MD
NEW DELHI: Raymond announced on Thursday that its shareholders have given their approval for the reappointment of Gautam Singhania as Chairman & MD for a five-year term starting from July 1, 2024, along with his proposed remuneration.
Earlier, proxy advisory firm IIAS had advised shareholders to vote against the reappointment of Singhania on the company’s board.
Raymond, a well-known name in the textile industry, has seen significant growth under the leadership of Gautam Singhania. The decision to reappoint him as Chairman & MD highlights the trust and confidence the shareholders have in his abilities to steer the company towards continued success.
Gautam Singhania’s vision and strategic decisions have played a pivotal role in Raymond’s journey so far, and his reappointment is a testament to his leadership qualities and commitment to the company’s growth.
As Raymond continues to innovate and adapt to changing market dynamics, having a strong and visionary leader like Gautam Singhania at the helm will undoubtedly drive the company towards new heights of success.
We look forward to witnessing Raymond’s continued growth and success under the leadership of Gautam Singhania as Chairman & MD.
