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Nawaz Singhania resigns as Director of Raymond Limited

Raymond Limited announced today the resignation of  Nawaz Modi Singhania as a Director on the Board of the company. The resignation is effective today.  

The company released this information in a filing with the stock exchanges, her letter indicated it was due to personal reasons. 

In her letter of resignation she wrote, "Due to personal reasons, I hereby tender my resignation as Director of Raymond Limited with immediate effect. I am thankful to the Board of Directors for the memorable association during my tenure and supporting me throughout my term."
 
In a statement, Gautam Singhania, Chairman and Managing Director of Raymond Limited, acknowledged Singhania's contributions, stating, "We thank Ms. Nawaz Modi Singhania for her services as a Board member over the years. As a company, we are committed to upholding the highest level of governance while continuing to navigate the evolving landscape of the industry."
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