Reliance Industries Limited has issued a strong rebuttal to remarks made by Essel Group chairman Shri Subhash Chandra. The company categorically denies all allegations and insinuations against its media entities, stating they have never been used to attack anyone and will not be in the future. Reliance expressed high regard for Shri Chandra as a businessman and entrepreneur.
Media Statement Issued
Reliance Industries Limited has released a formal media statement addressing remarks made by Shri Subhash Chandra, chairman of the Essel Group. The company noted these remarks with dismay.
Denial of Allegations
In its statement, Reliance Industries Limited unequivocally denies the allegations and insinuations directed at the media entities that are part of the Reliance Group. The company asserted that its media brands have consistently maintained a policy of not attacking any individual or entity and will continue to uphold this principle.
Expression of Respect
The statement further conveyed that Reliance holds Shri Subhash Chandra in high regard, recognizing his contributions as a businessman and entrepreneur. The company extended its well wishes to him.
Source: BSE
