Raymond Lifestyle Limited Announces Cessation of Amit Agarwal from Senior Management Role
Raymond Lifestyle Limited has announced that Mr. Amit Agarwal has relinquished his position as President, Chairman's Office and Senior Management Personnel of the company. The change is effective from the close of business hours on June 30, 2026.The cessation relates to Mr. Agarwal's role in the company's senior management structure. According to the details provided by the company, the reason for this transition was personal reasons.
A breakdown of the personnel change and associated details is as follows:
| Particulars | Details |
|---|---|
| Reason for change | Relinquishment of services from the position of President - Chairman's Office, designated as Senior Management Personnel, due to personal reasons. |
| Date of Appointment/ cessation & Term of Appointment | Effective from close of business hours on June 30, 2026. |
| Brief Profile | Not Applicable |
| Disclosure of relationships between Directors | Not Applicable |
The transition follows the formal relinquishment letter submitted by Mr. Agarwal to the Chairman of Raymond Lifestyle Limited.
RAYMONDLSL Stock Price Movement
Raymond Lifestyle Limited shares slipped by 1.74% on Thursday, closing at ₹794.95 after shedding ₹14.00 during the session. The equity saw trading activity involving 60,472 shares.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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