Raymond Appoints Bhanu Prakash Srivastava as CEO-Defense Business, Designating Him Senior Management Personnel
Raymond Limited has appointed Mr. Bhanu Prakash Srivastava as CEO-Defense Business. He has been classified as a Senior Management Personnel (SMP) of the Company, effective from July 6, 2026.Mr. Srivastava brings extensive experience in defense and technology sectors to the role. His professional background includes over four decades with Bharat Electronics Limited (BEL), where he held various senior leadership positions and contributed significantly to business growth and profitability across multiple areas. These areas include Radio and Data equipment, Military and Telecom Switching Equipment, C4I Systems for Civil and Military applications, Radars for Army, Air Force and Navy, Sonars, Fire Control Systems & Communication systems for the Navy, and Surface-to-Air Missile projects for Naval Ships.
Prior to his appointment at Raymond Limited, Mr. Srivastava served as Chairman and Managing Director at BEL from 2022 to 2024. His broad expertise spans Manufacturing, Project Management, Quality Management, Materials Management, Design and Development, and Product Support.
The details regarding the appointment are summarized below:
| Particulars | Details |
|---|---|
| Name | Mr. Bhanu Prakash Srivastava |
| New Role | CEO-Defense Business (Senior Management Personnel) |
| Date of Appointment | July 6, 2026 |
| Brief Profile | Holds a Bachelor of Technology in Mechanical Engineering from IIT-BHU and a Master of Business Administration. |
Mr. Srivastava holds a degree in Bachelor of Technology (Mechanical Engineering) from IIT-BHU and has a Master of Business Administration. His background includes extensive leadership roles within the defense industry, serving both at BEL and subsequently joining Raymond Limited.
RAYMOND Stock Price Movement
Shares of Raymond Limited are rallying higher at 11:46 AM, trading up 3.12% as the stock hits ₹626.85 per share. The equity is climbing strongly within its day range, fueled by active trading volume which accounts for 849,680 shares so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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