Raymond Lifestyle Limited has informed the Exchange about change in Management

Management Changes View source PDF Explain this filing

RAYMONDLSL · price

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹1010.00

prior close

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announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%+0.3% vs market

Other Textile Products peers, median of 178sector-0.7%+0.3% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.3 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 178Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Raymond Lifestyle Limited has informed the exchange that Mr. Prasad Ellatch Chathuar has joined the company as Senior Management Personnel on January 5, 2026, and will be appointed as Chief Financial Officer at the next Board Meeting. He brings 28 years of experience in the consumer industry, most recently serving as CFO of Bajaj Electricals Limited. He has also held senior roles at Voltas Limited (17+ years) and Emami Paper Mills Limited (5 years), with expertise in business transformation, financial strategy, treasury management, and taxation. He is a qualified Cost Accountant and Chartered Accountant, and holds an Executive Certification in Finance from Harvard University.

Likely market impact

This is a senior leadership addition with an experienced external hire from a peer consumer company, which may bring strategic financial expertise to Raymond Lifestyle. Shareholders should watch for the formal CFO appointment confirmation in the next Board Meeting outcome.