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In an exclusive, bare-it-all interview with Business Today, Vijaypat Singhania had some harsh words for his son, Gautam Singhania amid his separation from Nawaz Modi Singhania.
Vijaypat Singhania, the founder of Raymond Group and father of the company's MD and chairman Gautam Singhania, has spoken about his son who has been making headlines since he declared separation from his wife -- Nawaz Modi Singhania
Speaking about his son's separation from his estranged wife, Nawaz Modi, Vijaypat said he never hoped to see such situation in his own family. Earlier this month, Modi had claimed that Gautam did not let her enter the house during Diwali celebrations, a video of which had gone viral on social media.
Vijaypat Singhania, the former textile magnate, has backed his daughter-in-law Nawaz Modi in her fight against his husband and Raymond CMD Gautam Singhania. Gautam has separated from Nawaz
Nawaz Modi described the ordeal, stating, "...Gautam (Singhania) beat up, smashed up, kicked, punched his minor daughter Niharika and myself for something which felt like about 15 minutes...unrelentingly."
'Raymond has a very large number of mature, logical shareholders. They can think for themselves. If they see something bad, they react quickly,' says the father of Raymond boss Gautam Singhania
Vijaypat, who transformed Raymond from a small fabric company into a world-renowned brand and then handed over the reigns to Gautam in 2015, said he made a 'stupid' mistake of giving everything to his son.
In an interview with India Today, Nawaz Modi narrated an incident that allegedly happened on September 10 morning, the day after Gautam Singhania'a birthday.