Vijaypat Singhania, the previous Managing Director (MD) of the Raymond Group, died at 87 on Saturday, his son Gautam Singhania confirmed.
Gautam took to X and stated, “With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr Vijaypat Kailashpat Singhania.”
He described his father as a “visionary chief, philanthropist, and an inspiring persona, whose legacy will proceed to information and encourage generations”.
Vijaypat Singhania on visiting son’s residence amid household dispute
In March 2024, Vijaypat Singhania issued a clarification following claims that he had reconciled along with his son, Gautam Singhania. Earlier that month, Gautam had sparked hypothesis by posting a photograph on social media “welcoming his father to JK Home.” The developments coincided with a contentious divorce battle with Nawaz Modi, throughout which the senior Singhania publicly expressed robust help for his daughter-in-law.
Vijaypat Singhania defined that he was on his method to the airport on March 20 when his son’s assistant requested a go to to JK Home. Gautam Singhania intervened as he initially refused, insisting that “he’ll take solely 5 minutes of my time over a cup of espresso.” He added that this was the primary time in 10 years he had entered JK Home and that one other go to was unlikely.
“I went most reluctantly, not realising that it was for an ulterior motive of taking my {photograph} with Gautam to ship a improper message to the media. A couple of minutes later, I got here down and left for the airport. Quickly after, I began receiving messages over my photograph with Gautam on the Web, claiming we had made up, which was completely false…I do not know what his actual motive was, nevertheless it was actually not for espresso, nor to resolve our variations,” Enterprise Right this moment quoted him as saying.
Who was Vijaypat Singhania?
Vijaypat Singhania, born in 1938, was an Indian entrepreneur and aviator. Belonging to the influential Singhania household, he gained prominence as a textile trade chief, serving as chairman and managing director of the Raymond Group from 1980 to 2000. Within the subject of aviation, he set a world report for reaching the best altitude in a sizzling air balloon and established a microlight endurance report in 1988 by finishing a 23-day flight from London to Delhi. He additionally wrote a number of books, together with an in depth account of his microlight journey and his autobiography.
The Authorities of India honoured Vijaypat Singhania with two main awards: the Tenzing Norgay Nationwide Journey Award in 2001 for his achievements in aviation, and the Padma Bhushan in 2006 for his total contributions. As well as, the Indian Air Drive appointed him as an Honorary Air Commodore in 1994, and he was named Sheriff of Mumbai in 2006.
In 2015, Singhania transferred his whole 37% stake within the Raymond Group to his youthful son and then-chairman, Gautam Singhania. This transfer sparked a extremely publicised and long-running household dispute over varied points arising from the switch.
