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  • Against sale of JK House to Raymond promoters: Gautam Hari Singhania Jun 02, 2017 12:05 PM IST

    Against sale of JK House to Raymond promoters: Gautam Hari Singhania

    Last week, proxy advisory firm Institutional Investor Advisory Services (IiAS) had red-flagged the proposal saying Raymond's promoters and their extended family are trying to buy the premium property in Mumbai from the company at throwaway rates which will result in loss of over Rs 650 crore to the company and its shareholders.

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