Update21 Sep 2026

Raymond Realty Appoints Salil Bawa as Group Head, Investor Relations; Leadership Enhancement for Capital Markets Strategy

Group Leadership

Raymond has appointed Salil Bawa as Group Head, Investor Relations for Raymond Group to lead investor engagement and capital-markets strategy across its listed entities. He will be on the roll of Raymond Realty. The appointment, effective September 21, 2026, marks a strategic investment in capital markets communication as the group operates across three separate publicly listed platforms.

Background and Experience

A Chartered Financial Analyst with over 25 years of experience, Bawa joins Raymond from the LNJ Bhilwara Group, where he led group corporate development and investor relations. Serving as the principal interface between management, global institutional investors and the analyst community through demergers, IPOs, QIPs and strategic capital raises, he has built and led investor relations functions across several of India's leading listed groups such as Welspun Group.

At the Welspun Group, he tripled institutional ownership within approximately 18 months through focused investor targeting and global roadshows spanning the US, Europe and Asia. He is a recipient of the Best Investor Relations Officer recognition, awarded on the basis of a global fund-manager poll.

Strategic Context

Raymond today operates as three focused, listed value-creation platforms, and telling that story with clarity and conviction to global investors is central to unlocking the value we are building, said Rakesh Tiwary, Group CFO, in comments on the appointment. Raymond operates through three listed entities — Raymond Limited, Raymond Lifestyle Limited and Raymond Realty Limited — along with subsidiaries and joint ventures.

Bawa's mandate centers on strengthening investor communications across this multi-platform structure, engaging with global institutional investors, sovereign wealth funds, and the analyst community to articulate the group's growth strategy and capital-allocation framework.

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