The company appointed four independent directors to the board – K Narsimha Murthy, Dipali Sheth, Ashish Kapadia and Bharat Khanna. Gautam Hari Singhania, Chairman and Managing Director of Raymond Ltd, will serve as Chairman of Raymond Realty, while Harmohan Sahni has been named Managing Director and Chief Executive Officer. Gautam Trivedi, co-founder of Nepean Capital, joins as a non-executive director.