The country's leading business family, the Raymonds, often remains in the headlines for their family disputes. Raymond Chairman Gautam Singhania is sometimes in the headlines for his dispute with his father and sometimes for his fight with his wife. His fight with his wife Nawaz Modi Singhania became so serious that she threw him out of the house. Now news is coming that he has removed his wife from the board of Raymond Company.
dispute between husband and wife
Raymond Chairman Gautam Singhania has removed his wife Nawaz Modi from its board following the ongoing dispute between the three companies of Raymond Group. In the extraordinary general meeting, the decision to remove Nawaz Modi from the board was taken. In EDM, he was removed from the boards of JK Investors Limited, Raymond Consumer Care and Smart Advisory and Finserv companies. However, there is currently no proposal to oust him from the group's listed company Raymond. At the same time, shareholders of the companies from whose boards Nawaz Modi was removed said that they have lost confidence in Nawaz Modi Singhania as a director.
Reconciliation after divorce!
Nawaz Modi accused her husband Gautam Singhania of assault. He alleged that he was thrown out of the house. After the family drama, Gautam Singhania announced divorce through social media in November. After the divorce, the process of reconciliation is going on between the two. After being ousted from the board, Nawaz Modi said that ever since I started exposing the exploits of Gautam Singhania, I am being treated unfairly.