Gautam Singhania, the billionaire Chairman of Raymond Group, revealed on Monday the end of his 32-year marriage to Nawaz Modi Singhania. The announcement followed a video where Nawaz claimed she was barred from attending Gautam's Diwali party at JK Gram in Thane on November 12.
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00:00 Gautam Singhania, the billionaire chairman of Raymond Group, announced on Monday that
00:07 he and his wife, Nawaz Modi Singhania, had parted ways.
00:11 This decision came shortly after a video surfaced in which Nawaz alleged that she was prevented
00:16 from attending her husband's Diwali party on Sunday, November 12 at JK Gram in Thane,
00:22 a property owned by Gautam Singhania.
00:25 In a post on X, Gautam Singhania confirmed the separation, expressing that this Diwali
00:29 would be different from those in the past.
00:31 He reflected on their 32-year journey as a couple, parents and mutual friends.
00:36 While he did not disclose the details of the separation and custody arrangements of their
00:39 two children, Niharika and Nisa, Singhania mentioned the unfortunate development of the
00:44 recent past.
00:45 He acknowledged the existence of unsubstantiated rumours and gossip surrounding their lives
00:50 fuelled by not-so-well wishes.
00:52 And so, Gautam Singhania requested privacy and respect for their personal decisions.
00:57 He emphasised the commitment of both parents to do what is best for their children, despite
01:01 the challenges he sought understanding and support from well-wishers during this difficult
01:06 time.
01:07 Singhania urged others to refrain from engaging in rumour-mongering and gossip, aiming for
01:11 a respectful space to settle all aspects of the relationship.
01:15 The chairman and managing director of Raymond Gautam Singhania, with a reported net worth
01:19 of over Rs 11,000 crore, made the separation announcement on the micro-blogging site PlatformX.
01:25 The revelation coincided with a video showing Nawaz allegedly being denied entry to Singhania's
01:31 pre-Diwali party.
01:32 Prior to the separation announcement, Singhania had shared the news about his group's real
01:37 estate expanding its presence in Mumbai, securing three new projects with a combined revenue
01:41 potential exceeding Rs 5,000 crore.
01:45 (dramatic music)
01:48 (upbeat music)
01:50 (gentle music)