Raymond board appoints Berjis Desai independent counsel to advise board on the promoter family spat

Raymond's Independent Directors have enlisted Berjis Desai, a senior independent legal counsel, to advise the board in response to the ongoing marital dispute between Chairman and MD Gautam Singhania and Nawaz Modi. The Independent Directors aim to safeguard the interests of non-promoter shareholders, employees, and stakeholders, stating that marital disputes lie beyond their remit

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