Raymond Group chairman and managing director Gautam Singhania on Monday announced his split with his wife Nawaz Modi Singhania. The couple had been together for 32 years and have two children -- Niharika and Nisa.
"This Diwali is not going to be the same as many in the past," Gautam Singhania wrote on X. He added that although they were parting ways, he and Nawaz Modi Singhania have always been a source of strength to each other.
"It is my belief that Nawaz and I will pursue different paths from here on... while we continue to do what is best for our two precious diamonds Niharika and Nisa," the Raymond boss wrote.
In his note, Gautam Singhania also mentioned certain "not so well-wishers" who were the source of rumours and gossip surrounding the couple's lives. "As I reflect over the unfortunate developments in the recent past, there has been a lot of unsubstantiated rumour mongering, and gossip surrounding our lives fanned by 'not so well-wishers'," he said.
The 58-year-old went on to request his well-wishers for space as the couple settled their separation and sought best wishes for the entire family during this time.
Nawaz Modi Singhania, a fitness coach, is yet to release a statement but a video soon surfaced in which she alleged that she was stopped from attending a Diwali party organised by her husband at their property in Thane.
As more visuals surfaced, the 53-year-old appeared to use a walking stick and was seen sitting at the gate of the building when refused entry. She is, however, yet to comment on the separation announced by her billionaire husband.
The daughter of a well-known lawyer, Nawaz Modi Singhania also studied law but opened a gym in a tony neighbourhood. She was reported to have dated the Raymond boss for eight years before the marriage in 1999.
Read more: Gautam Singhania slams Maserati after buying car for Rs 3.65 crore: 'Got a lemon'
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