HomeNewsIndiaVijaypat Singhania, Former Chairman Of Raymond Group, Dies At 87

Vijaypat Singhania, Former Chairman Of Raymond Group, Dies At 87

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Vijaypat Singhania, former Chairman of the Raymond Group and a Padma Bhushan awardee, has died in Mumbai on the age of 87, his household mentioned on Saturday. 

Saying the demise, his son and present Raymond Group Chairman and Managing Director Gautam Singhania wrote on X, “With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr Vijaypat Kailashpat Singhania. A visionary chief, philanthropist, and an inspiring persona, whose legacy will proceed to information and encourage generations.”

Vijaypat Singhania can be cremated in Mumbai’s Chandanwadi at 3 pm on Sunday and is survived by his spouse Ashadevi Singhania and kids Madhupati Singhania, Shephali Ruia and Gautam Singhania.

Born on October 4, 1938, Singhania took over because the Raymond Group chairman in 1980 and performed a key function in remodeling it right into a powerhouse and probably the most trusted names in males’s vogue. He was additionally a trailblazing aviator and held the world file for the very best altitude gained in a scorching air balloon. The textile magnate was awarded the Padma Bhushan in 2006. 

Singhania led Raymond as chairman for twenty years till 2000. He handed over the reins of the corporate to his son, Gautam, and likewise transferred his 37% stake within the firm to him. 

Vijaypat and Gautam had been concerned in authorized disputes for a number of years from 2015 however reconciled in 2024.

(With PTI inputs)



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