Raymond Lifestyle Appoints Satyaki Ghosh as New CEO
Filing Summary
Raymond Lifestyle Ltd has announced the appointment of Satyaki Ghosh as the new Chief Executive Officer, effective January 19, 2026. Ghosh brings over 25 years of experience in FMCG, textiles, retail, and consumer businesses. He previously held leadership roles at Aditya Birla Group and L’Oréal India. This appointment is part of Raymond Lifestyle’s strategic transformation efforts. The company also plans to appoint E.C. Prasad as Chief Financial Officer in the upcoming board meeting. Raymond Lifestyle is a leading manufacturer of worsted suiting and high-value shirting fabrics in India.
Raymond Lifestyle Ltd has announced the appointment of Satyaki Ghosh as the new Chief Executive Officer, effective January 19, 2026. This decision is part of the company’s ongoing transformation efforts. Ghosh joins from the Aditya Birla Group, where he served as CEO of Cellulosic Fashion Yarn at Grasim Industries. His experience spans over 25 years in FMCG, textiles, retail, and consumer businesses.
The filing does not disclose specific financial terms related to Ghosh’s appointment. The announcement focuses on the strategic alignment of leadership to support the company’s transformation and growth objectives. The appointment is part of a broader strategy to enhance organizational capabilities.
Ghosh’s role will involve overseeing Raymond Lifestyle’s operations, which include manufacturing worsted suiting and high-value shirting fabrics. The company offers a diverse product portfolio across fabric, apparel, and garmenting. Ghosh’s expertise in B2B and B2C environments is expected to align with the company’s operational focus.
Raymond Lifestyle is a significant player in the Indian textiles market, known for its integrated manufacturing capabilities. The company operates over 1,650 exclusive stores across 600 cities and towns in India. It also provides garmenting services to international menswear labels, reinforcing its position in the B2B segment.
The appointment of Satyaki Ghosh as CEO is effective immediately. Additionally, Raymond Lifestyle plans to appoint E.C. Prasad as Chief Financial Officer in the upcoming board meeting. These leadership changes are part of the company’s strategic initiatives to strengthen its market position.
Raymond Lifestyle Ltd is India’s largest integrated manufacturer of worsted suiting and high-value shirting fabrics. The company is known for its quality, innovation, and market leadership. Its portfolio includes iconic brands such as ‘Park Avenue’, ‘ColorPlus’, and ‘Raymond Ready to Wear’. With a strong retail network and a century-long legacy, Raymond Lifestyle continues to deliver world-class products to its consumers.