Nawaz Modi Singhania steps down as Director from Raymond Board

Raymond Ltd. has announced the resignation of Nawaz Modi Singhania as a director on the board of the company. “The resignation is effective today (Wednesday),” the company said in a filing.

Nawaz Modi Singhania is the wife of Raymond Ltd. chairman & managing director Gautam Hari Singhania. 

Commenting on the resignation, Mr. Singhania said, “We thank Ms. Nawaz Modi Singhania for her services as a board member over the years. As a company, we are committed to upholding the highest level of governance while continuing to navigate the evolving landscape of the industry.”