RAYMONDLSLNSERaymond Lifestyle LimitedMediumNeutral
Announced Wed, 6 May · 20:50 IST

Raymond Lifestyle Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

RAYMONDLSL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹830.00
prior close
₹828.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.4-3.8-2.9-2.7-4.6-8.1-5.8-2.9-3.6-10.1-13.9-10.5-9.8
Up moveDown movePending
AI summary

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.

Likely market impact

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.