Raymond Limited — Updates, 19-03-2025: Press Release

Mrs. Nawaz Singhania has resigned as a Non-Executive Director of Raymond Limited, effective immediately due to personal reasons. The move marks a significant change in the company's governance structure, prompting the Board to express gratitude for her contributions over the years. Chairman Mr. Gautam Singhania emphasized the company's commitment to strong governance in light of this transition.

Raymond Limited continues to position itself as a leader in fabric manufacturing, having successfully ventured into real estate and engineering. The company's real estate division has achieved notable milestones, including delivering projects ahead of regulatory timelines, while the engineering business is expanding through strategic acquisitions, like Maini Precision Products Limited, targeting growth in various high-demand sectors. This transition may present new opportunities for Raymond, suggesting a positive outlook for investors amidst evolving market conditions.