After serving the role of Chairman and Managing Director at The Raymond Group for more than two decades now and being associated with the company for the past close to forty years, the company has re-appointed Gautam Hari Singhania as Managing Director for a five-year term, beginning July 1, 2024.
During his tenure with Raymond, Singhania has been responsible for the decision of strategically restructuring The Raymond Group and initiating the divestment of its non-core Steel, Cement and Synthetics businesses.
In its regulatory filing announcing the same, the company mentioned, “Post divestment, the Group has consolidated its position with a focused, market-oriented approach. The group has made enormous progress under the stewardship of Singhania and his vision is to take the Raymond Brand from being amongst the most respected Indian brands to being amongst the best in the global markets.”
“With a drive for creating new Brands, Singhania has taken an active interest in the launch of new products and is successfully directing the Group towards sustained growth. Under the leadership of Singhania, the Group has made a remarkable foray into the Real Estate business,” it added.
