New Delhi, March 20 Gautam Hari Singhania, Chairman and Managing Director of the Raymond Group, has sustained minor injuries in a speedboat accident in the Maldives and is currently recovering in Mumbai, his spokesperson said on Friday.
According to a report from the Maldives, a speedboat carrying tourists capsized near V Felidhoo early Friday morning.
Singhania was among the tourists, and two other Indian men, including rally driver Hari Singh, are believed to be missing, and search operations are underway.
Singhania has been rescued.
Confirming the development, a spokesperson for Singhania said, "Gautam Singhania sustained minor injuries following an unfortunate accident. He is recovering under proper care in Mumbai."
The spokesperson further said, "We thank you for the well wishes and pray for the well-being of those affected."
According to a media report, seven people were on board the speedboat. They include two women from the United Kingdom and Russia, and five men from India.
Citing police, the report said five persons were swept into the sea, including a woman from Russia and four men from India.