πŸ”₯ "Singhania-Modi Showdown: Daily Losses in Crores, Double Crisis for Gautam!" πŸ”₯

– Gautam Singhania's divorce announcement led to a 4.99% drop in Raymond stocks.

– Shares hit β‚Ή1,566.90, marking a 10-session, 17.65% continuous decline.

– Proxy advisory firm IiAS suggests independent directors safeguard the company from promoter disputes.

– Vijaypat Singhania, Gautam's father, supports daughter-in-law Nawaz Modi.

– IiAS recommends a thorough investigation into allegations amid concerns for Raymond investors.

– Advisory firm proposes distancing Singhania and Modi from the board and interim CEO appointment.

– Concerns rise among Raymond investors as stock prices plummet due to the ongoing dispute.

– IiAS emphasizes the seriousness of the accusations despite the silence from board members.

– Singhania-Modi divorce fallout affects Raymond's market value, raising investor apprehension.

– The aftermath of the divorce announcement continues with Nawaz seeking a significant share of Singhania's assets.