People: Raymond Ltd (RYMD.NS)
22 May 2018
Shri. Gautam Hari Singhania is Executive Chairman of the Board, Managing Director of Raymond Ltd. Since then he has steered the destiny of Raymond Limited with a single-minded focus of being the brand in India. He has been responsible for the strategic decision of the restructuring of the Group, initiating the divestment of the Synthetics, Steel and Cement division. Post divestment, the Group has consolidated its position with a better bottom line and more focussed and market oriented approach. Mr. Gautam Singhania joined the J. K. Group of Companies (Western Zone) in the year 1986. He was appointed the Wholetime Director on the Board of Raymond Ltd. in 1990 and was elevated to the position of Managing Director in mid-1999, in charge of all companies and subsidiaries of the Raymond Group in India and abroad. With a drive for creating new brands, Mr. Singhania has taken active interest in the launch of new services and products. He was instrumental in the launch of the brand KamaSutra in 1991. In the year 1996, he launched a new division called Million Air, providing quality charter services. It was under his leadership that the hi-fashion casual wear brand Parx and premium men’s wear brand Manzoni were launched in the year 1999 and 2000 respectively. He also was instrumental in Raymond’s recent acquisition of ColorPlus, a menswear brand. Mr. Gautam Singhania’s keen foresight and innate business acumen has enabled the Raymond Group to achieve soaring heights in the Indian and international markets. His personal vision for the group is to take the Raymond brand from being the most respected Indian brand to be amongst the in the global market.
|Total Annual Compensation, INR||11,598,100|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||2,056,460|
|Fiscal Year Total, INR||13,654,500|