‘Your silence can be misconstrued’: Proxy firm warns Raymond’s directors

In an open letter to Raymond’s five independent directors, IiAS urged the board members to investigate the accusations as the company’s stock has seen “significant erosion”.

29 November, 20231 min
0
Getting your Trinity Audio player ready...
‘Your silence can be misconstrued’: Proxy firm warns Raymond’s directors

You may also like

Business
Story image

Motilal Oswal Mutual Fund’s inexplicable Ola Electric love

While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.

Business
Story image

Can Adani pull off the 100% green AI promise?

The group’s $100 billion data centre push rests on solving clean energy’s toughest constraint: consistent, real-time renewable supply at scale.

Business
Story image

Tata finds its steel. JSW gets a real fight

A sharper growth push from Tata Steel is reshaping a long-running contest with JSW Steel and shifting the market’s loyalties. But can it keep its expansion-hungry rival at bay?