Raymond Lifestyle Appoints Prasad Chathuar CFO; Shares Slip 2.85%

CONSUMER-PRODUCTS
Whalesbook Logo
AuthorKavya Nair|Published at:
Raymond Lifestyle Appoints Prasad Chathuar CFO; Shares Slip 2.85%
Overview

Raymond Lifestyle has named Prasad Chathuar as its new Chief Financial Officer, effective January 5, 2026. Chathuar brings nearly three decades of consumer industry experience, including his prior role as CFO at Bajaj Electricals. This appointment is part of senior management changes aimed at bolstering financial leadership. Raymond Lifestyle Ltd shares closed down 2.85% on the effective date of the appointment.

New CFO at Raymond Lifestyle

Raymond Lifestyle has appointed Prasad Chathuar as its Chief Financial Officer. The appointment is effective January 5, 2026, following a regulatory filing under SEBI listing norms. This move is a key component of the company's ongoing senior management realignments.

Experienced Hire Joins Ranks

Chathuar brings a wealth of experience, accumulating close to 28 years in the consumer industry. He previously served as Chief Financial Officer at Bajaj Electricals. His professional acumen spans business transformation, financial and business strategy, treasury management, and evaluating growth opportunities. He also held senior roles at Voltas for over 17 years and Emami Paper Mills for five.

Strategic Financial Leadership

The company, formerly known as Raymond Consumer Care, believes Chathuar's expertise in building finance teams and driving value creation will significantly support its financial leadership and strategic direction. No familial or business relationships were noted between Chathuar and the board of directors.

Market Reaction

Raymond Lifestyle Ltd shares closed January 5, 2026, down 2.85% at ₹1,009.60 on the BSE. The stock's movement occurred on the same day as the CFO's effective appointment.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.