Raymond chief Gautam Singhania announced separation from his wife, said this by posting on social media

Billionaire businessman Gautam Singhania on Monday announced his separation from wife Nawaz, saying that both of them have decided to walk on separate paths. Singhania (58) married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. Singhania, chairman and managing director of Raymond Limited, a group that operates in sectors ranging from textiles to real estate, said in a social media post that this time Diwali is not going to be the same as before.

He said, 'I believe that Nawaz and I will take separate paths from here. She married 29-year-old Nawaz in 1999 after an eight-year courtship. They wrote, "32 years of living together as a couple, growing as parents and always being each other's strength... We moved forward with commitment, determination, faith and together we lived our lives The two most beautiful things came."

However, Singhalia did not provide details regarding the separation and custody of his two children. He wrote, 'As I reflect on the unfortunate developments that have taken place in recent times, a lot of baseless rumors are being spread about our lives.

Singhania said that I am separating from her, but we will continue to do what is best for our two precious diamonds Niharika and Nysa. He demanded privacy and respect for personal decisions. Singhania said, please respect this personal decision and please give us a chance to resolve all aspects of the relationship. At this time I want your best wishes for the entire family.

Minutes before announcing the separation, Gautam Singhania had written on X that his group's real estate arm was expanding its presence across Mumbai. “We have acquired 3 new real estate projects in the (Mumbai Metropolitan) region with a combined revenue potential of over ₹5,000 crore (USD 678 million). Our realty business has seen strong growth in the last few projects and we are looking forward to the upcoming The projects associated with Raymond Group are assured to provide the highest level of quality.

Singhania came into limelight a few years ago due to his feud with his father Vijaypat. Vijaypat Singhania founded the Raymond Group, which became a household name in India by producing apparel brands and textiles. His son, Gautam, diversified the group into more sectors in an effort to broaden revenues. Gautam Singhania's father was a famous aviator, flying commercial aircraft for free. Like him, Gautam Singhania was also known for courageous actions. He is also known for racing fast cars in circuits around the world.