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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'

Compiled by BS Research Bureau; Source: Capitaline
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Compiled by BS Research Bureau; Source: Capitaline

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 strategy”. The son and wife of the late Ajaypat Singhania,

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