Raymond Limited announced the appointment of K. Narasimha Murthy as an Additional Director on the company’s Board, with effect from April 21, 2023. According to the company’s exchange filing, “the Board of Directors of Raymond Limited vide a resolution passed through circulation have approved the appointment of Shri K. Narasimha Murthy (DIN: 00023046) as an…
Tag: Raymond
Raymond appoints S.L. Pokharna as Non-Executive Director
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•Raymond Limited announced the appointment of S.L. Pokharna as Non-Executive Director on the company’s Board, with effect from July 14, 2022. According to the company’s exchange filing, “this is to inform that the Shareholders of the Company at their Annual General Meeting held today, i.e., July 14, 2022 have appointed Mr. S.L. Pokharna (DIN: 01289850)…
Raymond Limited appoints Atul Singh to lead the Group
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•Raymond, a textile, apparel, retail and real estate conglomerate, announced the appointment of Atul Singh to lead the Group, signalling a significant step towards creating a future ready organisation. As Raymond is gearing to mark its centenary year in 2025 the company is on a transformation journey by strengthening its leadership by bringing in diverse…
Raymond appoints Sunil Kataria as CEO – Lifestyle Business
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•Raymond, India’s textile, apparel and retail conglomerate, announced the appointment of Sunil Kataria as the CEO of Lifestyle Business. In his new role, Sunil will be responsible for steering the next phase of growth by driving the digital agenda and strengthening the brand’s presence in domestic and international markets. Speaking on this latest development, Gautam…
Raymond appoints Shantilal Pokharna to its Board
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•Raymond, India’s diversified conglomerate with majority business interests in Textile & Apparel sectors, announced it has appointed Shantilal Pokharna as an Additional Director, with effect from July 23, 2021. According to the company’s exchange filing, “We hereby inform that the Board of Directors of the Company, based on the recommendations of the Nomination and Remuneration…
Raymond appoints Joe Kuruvilla as CEO of lifestyle business, Ganesh Kumar becomes COO
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•Raymond Limited announced the reinforcement of its management team at Raymond Lifestyle with the appointment of Joe Kuruvilla as the Chief Executive Officer. As part of the management changes, the company’s newly appointed Chief Operating Officer Ganesh Kumar will report to Joe and work with Joe to execute the transformation agenda for the business as…
Coronavirus Impact: Raymond lays off employees
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•Textile and apparel manufacturer Raymond has recently laid off about hundreds of employees across departments in a cost-cutting drive amid coronavirus pandemic. According to a Business Insider report based on a viral Reddit blog post, the layoffs began as early as February as the group debt was already too high and a slowing economy was…