In an exclusive conversation with Business Today's Editor, Sourav Majumdar, Vijaypat Singhania, the former Chairman and Founder of Raymond, discusses his views on how the board and the market react to the ugly split between Gautam Singhania and Nawaz Modi. Also, he delves into the perceptions of board members, bankers, and investors regarding this split, with each having their own point of view. Here's an excerpt from that exclusive conversation.