Raymond Limited has appointed Tikka Singh and Ajoy Mehta as Additional Directors designated as Non-Executive Independent Directors, effective January 1, 2026. The appointments, based on the Nomination & Remuneration Committee’s recommendations, are subject to shareholder approval and will be for a term of five years. The Board approved the appointments at its meeting held on December 29, 2025.
Independent Director Appointments
Raymond Limited has announced the appointment of two new Independent Directors to its Board, Tikka Singh and Ajoy Mehta. The decision was made during the Board of Directors meeting held on December 29, 2025, following recommendations from the Nomination & Remuneration Committee.
Appointment Details: Tikka Singh
Tikka Singh (DIN: 06521398) has been appointed as an Additional Director designated as a Non-Executive Independent Director. His term is for five years, commencing on January 1, 2026, and is subject to shareholder approval. Mr. Singh has extensive experience in finance and luxury brand development, including a long tenure with Moët Hennessy-Louis Vuitton (LVMH). He is not related to any existing Director or Key Managerial Personnel of the company.
Appointment Details: Ajoy Mehta
Ajoy Mehta (DIN: 00155180) has also been appointed as an Additional Director designated as a Non-Executive Independent Director. His appointment mirrors that of Mr. Singh, with a five-year term starting on January 1, 2026, and contingent upon shareholder approval. Mr. Mehta is a retired Indian Administrative Service (IAS) officer, known for his roles as Chief Secretary of Maharashtra and Municipal Commissioner of Mumbai. He also is not related to any Director or Key Managerial Personnel of the company.
Source: BSE
