Gautam Singhania finally broke his silence, writing an emotional email to Raymond Group’s board and employees.

Gautam Singhania Email: Raymond Company is in the news due to the separation of its owner Gautam Singhania and his wife Nawaz Modi. After Diwali, Gautam Singhania openly announced that he was going to part ways with Nawaz. After that he kept quiet. Meanwhile, Nawaz Modi made several allegations and demanded 75% share in the property. Apart from this, his father Vijaypat Singhania also expressed his bitterness in an interview. The shares of the company (Raymond shares) continued to fall and Raymond had to lose its market cap of around Rs 1700 crore. Now Gautam Singhania has written an emotional email to his board and employees. In it, he assured that he would not let the problems of his personal life affect Raymond.

Said – I am dedicated to the company.

In the email, Gautam Harisinghania, chairman and MD of Raymond, wrote that he is fully dedicated to the company and the business. Media is full of news about my personal life. So I thought it best to remain silent to protect the honor of my family. However, I am only writing to remind you that I fully understand and am dedicated to my responsibility as Chairman and MD. Even in this difficult time, I can assure you that there will be no disruption in the functioning of the company.

Nawaz has also made allegations of assault.

The mail came to light after Nawaz accused her husband Gautam of killing her and her daughter. For the settlement, Nawaz has claimed 75 percent of the company’s assets of about $1.4 billion. The Raymond Group has a strong presence in the textile and clothing sector. Along with this, the group also operates in consumer care, realty and engineering sectors in domestic and foreign markets.

What else was written in that email?

Singhania further wrote in the email that you are all aware that the Raymond Group has grown steadily over the past few months. Our quarterly results were also encouraging. Our business in the engineering sector has doubled. Apart from this, we are also entering the defense, aerospace and electric vehicle sectors. Therefore, I assure all shareholders, employees, customers and stakeholders that together we will take the company forward.

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(tag to translate) Gautam Singhania

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