Raymond board sacks founder Vijaypat Singhania as chairman-emeritus: report
Updated : October 17, 2018 02:04 PM IST
The sacking followed a series of letters Singhania wrote complaining he was not being kept in the loop about board meetings, the report said.
Vijaypat Singhania had moved the Bombay High Court against his son Gautam Singhania seeking possession of a duplex flat in the 37-storey JK House in the upscale Breach Candy.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more