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Gautam Singhania, chairman and managing director of fabric and apparel major Raymond, has emphasized that his personal life has no bearing on his businesses, which have shown significant growth and transformation during the pandemic. Singhania, 58, is currently embroiled in a settlement dispute with his estranged wife Nawaz Modi Singhania, 54, following their separation announcement in November.

Raymond reported an 18% rise in fourth-quarter profit on Friday, buoyed by strong demand for its real-estate segment. Its revenue from operations rose 21% in the quarter.

Gautam Singhania, chairman and managing director of fabric and apparel major Raymond, has emphasized that his personal life has no bearing on his businesses, which have shown significant growth and transformation during the pandemic. Singhania, 58, is currently embroiled in a settlement dispute with his estranged wife Nawaz Modi Singhania, 54, following their separation announcement in November.

Nawaz Modi Singhania was removed from the boards of some group companies- JK Investors (Bombay), Raymond Consumer Care, and Smart Advisory and Finserve. 

In a strategic corporate development, Raymond Limited announced the re-appointment of Gautam Hari Singhania...

Raymond re-appointed Gautam Singhania as the managing director of the company for a term of five years. 

Singhania is fighting a settlement dispute with his estranged wife Nawaz Modi Singhania. The couple announced their divorce in November 2023.

On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing.

Despite the controversy, Raymond Ltd. emphasised Gautam Singhanias accomplishments and leadership skills in the regulatory filing that announced his re-appointment.

Though Raymond, the listed entity, has yet to propose her removal, Modi alleges that Singhania is attempting to exert influence over the decision.