Raymond announced that Hariharan Sunder, Non-Executive Director of the Company has relinquished office with immediate effect.
The Company places on record its appreciation for the valuable services rendered by Sunder during his tenure with the Company.
The Board also appointed Surya Kant Gupta (DIN: 00323759) as an Additional Director, subject to the approval of the Ministry of Civil Aviation. Gupta is a Textile Industry veteran and has been with the Company for over a decade. Gupta in his corporate career was also associated with conglomerates viz; Reliance, Grasim and Bombay Dyeing.
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