The Reliance group on Friday issued a statement that the reports of Mukesh Ambani and his family moving to UK are “baseless”.
“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,” the statement said.
The Reliance group said that its Reliance Industrial Investments and Holdings Limited, “which acquired Stoke Park estate recently, would like to clarify that its acquisition of the heritage property is aimed at enhancing this as a premier golfing and sporting resort, while fully complying with the planning guidelines and local regulations.”
“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 globally,” the statement said.