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What was the controversy surrounding the owner of Raymond Group?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

The major public controversy surrounding the Raymond Group involved an intense, highly publicized generational feud between former chairman Vijaypat Singhania and his son, Gautam Singhania. The dispute erupted after Vijaypat transferred his valuable company shares to Gautam, following which he alleged that he was stripped of his wealth, forced out of his official roles, and denied rightful occupancy in the prestigious family-owned J.K. House property in Mumbai. The public fallout, legal petitions, and emotional published memoirs exposed deep fractures within the billionaire industrialist family.

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