Reliance Industries Limited has issued an extraordinary statement amidst reports claiming that India’s richest businessman Mukesh Ambani was set to leave India with wife Nita Ambani and family to relocate themselves in England.
A report by Mid-day had claimed that the Ambanis had decided to plan for a second permanent home outside India was due to their experience of spending their time in Mumbai during the prolonged period of pandemic recently.
The RIL said in a statement, “A recent report in a newspaper has led to unwarranted and baseless speculation in social media regarding the Ambani family’s plans to partly reside in Stoke Park, London.
“Reliance Industries Limited will like to clarify that the Chairman and his family have no
plans whatsoever to relocate or reside in London or anywhere else in the world.”
The Mukesh Ambani-owned company said that the decision to acquire the Stoke Park estate by Reliance Industrial Investments and Holdings Limited acquired was aimed at ‘enhancing’ the heritage property ‘as a premier golfing and sporting resort, while fully complying with the planning guidelines and local regulations.’
It said, “This acquisition will add to the fast-growing consumer business of the group.
Simultaneously, it will also expand the footprint of India’s famed hospitality industry
The Mid-day report had also claimed that the Ambanis had decided to celebrate this year’s Diwali at their new English house, spread over 300 acres. “The family is celebrating their first Diwali at their new residence, after which they will return to Mumbai. They are likely to go back to the UK mansion next April,” the report claimed quoting a source.
The RIL did not confirm or deny this claim.
The RIL is believed to have purchased the heritage property in Buckinghamshire for Rs. 592 crores. The property, situated on the outskirts of London, reportedly has 49 bedrooms. The report had claimed that the Ambanis would divide their time between India and England in the future. This had prompted many to launch meme fest on social media.