Image Source: Vibes of India
Raymond Ltd has announced the appointment of Rakesh Tiwary as Group Chief Financial Officer, effective December 3, 2025, following the departure of Amit Agarwal, who has transitioned to the Lifestyle Business. The board approved these changes as part of an internal organizational restructuring, with Tiwary also assuming responsibility for materiality determinations and regulatory disclosures.
Show more
Raymond Ltd has confirmed a significant change in its Key Managerial Personnel (KMP) following the Board of Directors' meeting on December 2, 2025. Amit Agarwal has stepped down from his role as Group Chief Financial Officer, effective at the close of business on December 2, as part of an internal organizational shift to the Lifestyle Business. Rakesh Tiwary has been appointed as the new Group CFO and KMP, effective December 3, 2025.
Notable updates and major takeaways from the announcement include:
-
Amit Agarwal relinquishes his position as Group CFO to join Raymond’s Lifestyle Business.
-
Rakesh Tiwary is appointed as Group CFO and KMP, effective December 3, 2025.
-
Tiwary will now be responsible for determining materiality of events and regulatory disclosures to stock exchanges under SEBI Listing Regulations.
-
The changes are in line with Regulation 30 of the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Source: NSE Circular, Raymond Ltd Official Announcement
Stay Ahead – Explore Now!
₹950 Cr Catalyst—Will Khandelwal Finance Spark Ind-Swift’s Next Big Chapter?
Advertisement
Advertisement