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More trouble for Gautam Singhania? Sebi looks into Raymond's property deals

Firm's real estate agreements for JK House Ltd and an Alibaug property under Sebi scrutiny

Gautam Hari Singhania, Chairman and Managing Director, Raymond Group
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Gautam Hari Singhania, Chairman and Managing Director, Raymond Group

BS Web Team New Delhi
Raymond Ltd's real estate agreements for JK House Ltd and an Alibaug property, which is used as a guest house, have come in for questioning from markets regulator Securities and Exchange Board of India (Sebi), which has written to the textile maker on the matter, Livemint reported on Thursday while citing three people with knowledge of the developments.  

Further, according to the sources cited by the report, Sebi has also questioned Raymond on whether it made any related-party transactions that were not reported to shareholders subsequent to the market regulator's Listing Obligation and Disclosure Requirements (LODR) norms coming into