New Delhi: Continuing with the transformation journey as Raymond Reimagined, Raymond Apparel Limited, a wholly owned subsidiary of Raymond Limited has appointed Nirvik Singh as the Non - Executive Chairman and has inducted Anshu Sarin and Gautam Trivedi as new board members. Demonstrating the spirit of good governance and ensuring the business is being run professionally, Gautam Hari Singhania has stepped down from the position of the Chairman and paved way for Nirvik Singh to take charge as the Non - Executive Chairman of Raymond Apparel Limited. However, Gautam Hari Singhania continues to be on the board of Raymond Apparel Limited. Anshu Sarin has joined the Board as a Non-executive Director along with Gautam Trivedi who has joined the Board as an Independent Director.

Operating in the space of branded apparel, Raymond Apparel Limited continues to grow its market share and offer the full wardrobe solution to the discerning consumer with its ready to wear power brands such as Park Avenue, Color Plus, Parx and Raymond Ready to Wear. With a focus on product innovations and go to market strategy, Raymond Apparel Limited will utilize the immense experience and relevant skill sets of the new members on the board.