Probe Nawaz Modi, Gautam Singhania issue: Open letter to Raymond indpt directors
Raymond’s independent directors should ask the promoters to step down, and actions must be taken to address the ‘long-drawn acrimonious battle’ between chairman and managing director Gautam Singhania and his estranged wife, board member Nawaz Modi, said proxy advisory firm Institutional Investor Advisory Services India Limited (IiAS) in an open letter on Tuesday. Gautam Singhania …