Raymond Limited announced the appointment of two new Additional Directors, designated as Non-Executive Independent Directors, effective January 1, 2026, for a period of five years. The appointments, approved by the Board of Directors following recommendations from the Nomination & Remuneration Committee, are subject to shareholder approval. Mr. Tikka Singh, who brings extensive experience from the finance and luxury goods sectors, including his tenure with LVMH, will serve as an Independent Director. His profile highlights his work in developing Louis Vuitton's business in India and advising other LVMH brands. He is also involved in heritage preservation efforts in Kapurthala. Mr. Ajoy Mehta, a retired Indian Administrative Service (IAS) officer and former Chief Secretary of Maharashtra and Municipal Commissioner of Mumbai, will also join the board as a Non-Executive Independent Director. His background includes significant administrative roles and initiatives in affordable housing and sanitation during his tenure in public service. The Board of Directors meeting commenced at 02:00 p.m. and concluded at 2:32 p.m. on December 29, 2025.