Raymond Lifestyle Limited — Updates, 11-02-2025: Press Release

Sunil Kataria has stepped down as Managing Director and Board Member of Raymond Lifestyle, pursuing personal aspirations outside the company. The board has accepted his resignation and will begin the search for a new CEO, while the existing senior management team, led by Executive Chairman Gautam Hari Singhania, will manage operations during this transition. Singhania expressed gratitude for Kataria’s contributions to enhancing the company’s market presence and highlighted the strength of Raymond Lifestyle’s senior leadership team, which is poised to seize future growth opportunities. Kataria reflected on his enriching journey with the company and expressed confidence in its future success.

Raymond Lifestyle continues to be a significant player in the fabric and garment sector, underpinned by a century of legacy and innovation, with a strong retail network spanning over 1,650 stores across India.