Raymond Lifestyle Limited has informed the Exchange about Resignation of Director/KMP/SMP
RAYMONDLSL · price
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Shantilal Pokharna, a Non-Executive Non-Independent Director of Raymond Lifestyle Limited, has tendered his resignation from the Board due to superannuation (retirement). His resignation letter was dated 22 April 2026 and became effective from 6 May 2026. The resignation has been accepted and necessary regulatory filings will be made with the Registrar of Companies. On the same date, the company announced the appointment of Satyaki Ghosh (already the CEO) as a Whole-time Director. Mr. Pokharna thanked the company and fellow directors for their support during his tenure.
This is a routine retirement-based resignation and does not indicate any governance concerns or disputes. The company's board management remains stable with the CEO also being appointed as a Whole-time Director on the same date.