Father's â¹1,000cr stake rightfully mine: Raymond's Singhania
Raymond Chairman Gautam Singhania said his father Vijaypat Singhania had not made a mistake by gifting shares worth â¹1,000 crore to him, stating, "These are rightfully mine." "It is an agreement with him for 30 years...that these shares are coming to me," he said. "[W]ho will he give these shares to?" Gautam asked, adding, Raymond would collapse under someone else.