Vijaypat Singhania sacked as Raymond Chairman Emeritus

Vijaypat Singhania

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26 Aug, 2025 12:21

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Raymond group's Vijaypat Singhania was removed from his position as Chairman Emeritus after he wrote to the Company Secretary and the board complaining that he was not kept informed of the company’s meetings, Mumbai Mirror reported.

This made the tiff between him and his son Gautam Singhania, who is also the Chairman and Managing Director of the group, worse.

Raymond’s Company Secretary, Thomas Fernandes, wrote to Vijaypat on September 7 asking him to step down from his post of Chairman Emeritus.

In response, Vijaypat said he would defy the board unless or until the proof of the Board's decision of sacking was shown to him.

In his letter, Fernandes said the company had taken this decision after taking into account ‘unparliamentary and derogatory language’ used in Vijaypat’s letters to the board. The letter also stated clearly that the disagreement among the Singhania family has nothing to do with this decision.

The aspersions cast by Vijaypat on the board and the MD led to the withdrawal of the title of Chairman Emeritus given to him after he stepped down as the director of the company in 2006.

In one of his letters, Vijaypat had blamed his son’s ‘manoeuvres’ for his removal from the company. He also alleged that Gautam did not return some of his precious articles like his Padma Bhushan medal.

Gautam denied the allegations and blamed his father for not remembering where he kept his things.

“You were kind to honour me with the elevated title of Chairman Emeritus, which is usually given for a lifetime by reputed companies,” Vijaypat’s letter read. He added that he knew most directors personally and they must be aware of his services to the company over the last two decades.

Gautam said he had nothing to do with his father’s sacking. “It was the board’s decision and there must be a reason for what happened. I am pained to see my father behaving this way. If he has a problem, I am ready to discuss and sort it," he added.