Key Points
At around 1:35 pm, shares of Raymond were up 3.18 per cent at Rs 1,551.25 apiece, providing much-needed relief to shareholders of the company as the companys longest-ever losing streak on record came to an end...
Shares of Raymond Ltd gained over 3 per cent on Friday, snapping out of a 12-day losing streak amid the ongoing marital dispute between chairman and managing director Gautam Singhania and his wife Nawaz Modi...
The surge in Raymonds share price comes after the companys independent directors (ID) issued a statement on the ongoing marital dispute between Gautam Singhania and Nawaz Modi, who is also a board member...
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‘Will protect shareholders’: Raymond independent directors on MD’s marital dispute
03, Dec, 23The statement from the Raymond's independent comes amid the ongoing divorce settlement dispute between chairman and managing director Gautam Singhania and estranged wife Nawaz Modi, who is also a board member.
Gautam Singhania-Nawaz Modi dispute: Raymond shares fall for 12th straight day
03, Dec, 23In the past 12 trading sessions, Raymond's share price has declined 20 per cent. This marks the longest losing streak of the company on record.
Raymond independent directors must protect company from promoters, if need be: Proxy advisory firm IiAS
28, Nov, 23Gautam 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.
The Raymond Empire: Fancy cars, Rs 8,400 crore top-line & an unhappy marriage
22, Nov, 23Gautam Singhania's estranged wife Nawaz Modi wants 75 per cent of his wealth; there is a multi-storeyed building in south Mumbai, a car collection and shares in Raymond Ltd
Gautam Singhania divorce: Raymond directors react amid investors' concerns
02, Dec, 23As Gautam Singhania and wife Nawaz Modi undergo a public divorce settlement, Raymond Group's independent directors issued a statement.
'Fainted 2-3 times': Gautam Singhania's wife Nawaz Modi claims Raymond boss forced her to climb Tirupati's steps without food, water
27, Nov, 23Nawaz Modi said that she fainted 2-3 times but her husband, Raymond boss Gautam Singhania, did not care about her health at that point of time.
Gautam Singhania-Nawaz Modi feud: Raymond's independent directors appoint senior legal counsel for advise on matrimonial dispute
01, Dec, 23Gautam Singhania announced his separation from Nawaz Modi Singhania on November 13, following which Modi asked for 75 per cent of his $1.4-billion personal wealth for herself and their two daughters.
Raymond boss' estranged wife demands 75% of his fortune as settlement: Report
20, Nov, 23Nawaz Modi Singhania has demanded 75 per cent of Raymond Chairman and Managing Director Gautam Singhania's $1.4 billion net worth as divorce settlement.
BT Exclusive: 'Gautam Singhania would be happy to see me on the road,' says father of Raymond CMD
23, Nov, 23Vijaypat, who transformed Raymond from a small fabric company into a world-renowned brand and then handed over the reins to Gautam in 2015, said he made a 'stupid' mistake of giving everything to his son.