Raymond Ltd. appoints Rashmi Mundada as Independent Director

The appointment was approved by the company's Board of Directors on March 29, 2025, through a resolution passed by circulation, following a recommendation from the Nomination & Remuneration Committee. Mrs. Mundada will hold the Director's position from March 28, 2025, until the company's next General Meeting or until her appointment is officially confirmed by the members, whichever is earlier.  

 

The company stated that the appointment of Mrs. Mundada is subject to the approval of the Members of the Company and adheres to the guidelines outlined in Stock Exchange circulars NSE/CML/2018/24 and BSE/LIST/COMP/14/2018-19, both dated June 20, 2018.  

Rashmi Mundada is a Fellow Member of the Institute of Chartered Accountants of India and has been a practicing Chartered Accountant for over 22 years. She also possesses a Diploma in System Audit (DISA) from ICAI. Her professional experience encompasses auditing and assurance, Income-Tax and GST, business transformation, risk management, and project finance. She currently serves on the board of five unlisted public companies.  

 

Raymond Ltd. has confirmed that there are no familial ties between Mrs. Rashmi Mundada and any existing Director or Key Managerial Personnel of the company.