'Vote against Singhania's re-election to Raymond board'

Proxy advisory firm Iias recommends voting against Gautam Singhania's reappointment to Raymond board due to allegations of domestic violence and misuse of company funds. Shareholders to decide at annual meeting on June 27. Iias criticizes Singhania's proposed remuneration structure for exceeding regulatory limits and being higher than peers, which could reach Rs 35 crore.