IiAS, a proxy advisory firm, urges independent Raymond board members to shield the company from promoters by requesting their disengagement.
“Raymond’s CEO Embroiled in Controversy: IiAS Urges Independent Investigation” Gautam Singhania, the chairman and managing director of Raymond, has found himself at the center of a firestorm as allegations of assault and financial misconduct have surfaced against him. The company’s shares have plummeted by 15% following a public spat with his wife, Nawaz Modi Singhania….
