Raymond Lifestyle Limited (formerly Raymond Consumer Care Limited) has announced significant changes in its Key Managerial Personnel. The Board of Directors, in a meeting held on January 27, 2026, approved the appointment of Mr. Prasad Ellatch Chathuar as the Chief Financial Officer (CFO) and Key Managerial Personnel of the Company. This appointment is effective from January 27, 2026, and Mr. Chathuar will be replacing Mr. Vishal Raigagla, who has been serving as the Interim CFO since October 29, 2025. Consequently, Mr. Raigagla will cease to hold his interim position on the same effective date. Furthermore, Mr. Prasad Ellatch Chathuar will be authorized for determining the materiality of an event or information and making disclosures to the Stock Exchanges under Regulation 30(5) of the Listing Regulations, also effective from January 27, 2026. Mr. Prasad Ellatch Chathuar brings with him 28 years of extensive experience in the Consumer Industry. His prior role was as Chief Financial Officer at Bajaj Electricals Limited. His expertise includes Business Transformation, Financial Strategies, Treasury Management, Working Capital Management, Finance, MIS & Budgeting, Taxation, Commercial Activities, and team building. He has also held senior positions at Voltas Limited for over 17 years and Emami Paper Mills Limited for 5 years. Mr. Chathuar is a Cost Accountant, Chartered Accountant, and holds an Executive Certification Program in Finance from Harvard University. The Board of Directors' meeting commenced at 09:00 a.m. and concluded at 11:30 a.m. on January 27, 2026.
