A proxy advisory firm has urged Raymond’s independent directors to investigate assault allegations against MD Gautam Singhania. Raymond's chairman Gautam Singhania is embroiled in an ongoing public feud with his estranged wife Nawaz Modi. Amid startling claims against the business tycoon who hails from one of India’s most prominent business families, a proxy advisory firm has urged Raymond’s independent directors to investigate assault allegations, according to a Reuters report. Modi has reportedly alleged that she and her daughter were physically assaulted by Gautam Singhania in September 2023. Modi, the estranged wife of Raymond MD Gautam Singhania is also a board member.

Source: dna November 28, 2023 12:45 UTC