Shareholders approve Gautam Singhania as Raymond Lifestyle chairman

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Gautam Hari Singhania has been appointed executive chairman of Raymond Lifestyle Limited, with 86.

These firms urged shareholders to reject the resolution, citing governance issues and potential reputational risks that have cast a shadow over the decision.

IiAS, another influential advisory firm, also criticised Singhania’s proposed pay structure for its lack of transparency.

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Article Details

Category: BusinessFinance

Markets: IndiaMali

Topics: Governance concerns IiAS Executive chairman Gautam Singhania Shareholder approval Corporate governance Remuneration package Raymond board controversies Raymond Lifestyle Limited Reputational risks SES

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 13:08:55 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24134462

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