Fight for JK House: Gloves are off as Singhanias brace for AGM bout

Anant and Veena's letter to Raymond board alleges strategy to render them 'homeless'

N Sundaresha Subramanian  |  New Delhi 

The Singhania family’s fight over JK House in Mumbai is set for a showdown on Monday.  Some of the lessees, including Anant Singhania — cousin of Raymond Chairman and Managing Director (CMD) Gautam Hari Singhania — have written to the company, reiterating their right to acquire floors in the property.  In a letter dated June 1, addressed to Raymond and its directors, Anant and mother Veena Devi Singhania termed the timing and contents of the shareholder resolution moved for the coming annual general meeting (AGM) part of a “mala fide ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?
LOGIN

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital

Fight for JK House: Gloves are off as Singhanias brace for AGM bout

Anant and Veena's letter to Raymond board alleges strategy to render them 'homeless'

Anant and Veena's letter to Raymond board alleges strategy to render them 'homeless' The Singhania family’s fight over JK House in Mumbai is set for a showdown on Monday.  Some of the lessees, including Anant Singhania — cousin of Raymond Chairman and Managing Director (CMD) Gautam Hari Singhania — have written to the company, reiterating their right to acquire floors in the property.  In a letter dated June 1, addressed to Raymond and its directors, Anant and mother Veena Devi Singhania termed the timing and contents of the shareholder resolution moved for the coming annual general meeting (AGM) part of a “mala fide ... image
Business Standard
177 22