Gautam Singhania, chairman and managing director (CMD) of Raymond issued a statement to announce separation from his wife, Nawaz Modi Singhania. Ms Modi Singhania is a director in at least 10 of the private and publicly-listed companies of the Singhania family, including its flagship Raymond.
Mr Singhania wrote on X that Diwali is not going to be the same for him this year. "This Diwali is not going to be the same as many in the past. 32 years of being together as a couple, growing as parents and always being a source of strength to each other... we traversed with commitment, resolve, faith as along came the two most beautiful additions of our lives."
— Gautam Singhania (@SinghaniaGautam) November 13, 2023
“It is my belief that Nawaz and I will pursue different paths from here on... I am parting ways with her while we will continue to do what is the best for our two precious diamonds Niharika and Nisa," Mr Singhania said in the post.
He added that there has been a lot of rumour mongering and gossip around his family "fanned by not so well wishers".
Earlier media reports said that last week Ms Modi Singhania was allegedly stopped from attending Gautam Singhania’s Diwali party in Thane.
She reportedly recorded the video of the incident which has gone viral. In the video, Ms Modi Singhania can be heard saying that she was standing outside JK Gram. She alleged that she was invited for the party but now she was not allowed to enter the premises, as per media reports.
According to media reports, in September, Ms Modi Singhania alleged that Mr Singhania physically assaulted her on his 58th birthday and she was admitted in the intensive care unit (ICU) of Sir HN Reliance Hospital with broken bones in her lower back. Since then the couple have been estranged.
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