Raymond Lifestyle has announced the appointment of Prasad Chathuar as its Chief Financial Officer with effect from January 5, 2026. According to the company's regulatory disclosure under Regulation 30 of SEBI's listing norms, the appointment has been made as part of senior management changes aimed at bolstering financial leadership and will be formally taken up at the ensuing board meeting.
Chathuar joins Raymond Lifestyle with close to 28 years of experience in the consumer industry. Prior to this appointment, he served as Chief Financial Officer at Bajaj Electricals. His professional background includes extensive involvement in business transformation, financial and business strategy formulation, treasury and working capital management, taxation, budgeting, MIS and evaluation of organic and inorganic growth opportunities.
Earlier in his career, Chathuar held senior positions at Voltas for over 17 years and also worked at Emami Paper Mills for five years, gaining exposure across diverse segments within the consumer and manufacturing space. As reported by Raymond Lifestyle, his experience in building finance and strategy teams and driving long-term value creation would support the company's financial leadership and strategic objectives.
The company, formerly known as Raymond Consumer Care, disclosed that there are no relationships between Chathuar and the board of directors. Raymond Lifestyle Ltd shares closed at ₹1,009.60, down ₹29.65 or 2.85%, on the BSE on January 5, 2026. The stock's movement occurred on the same day as the CFO's effective appointment date.
