New Delhi: "The Chairman (Mukesh Ambani) and his family have no plans whatsoever to relocate or reside in London or anywhere else in the world," flagship firm Reliance Industries Ltd of India's richest family said.
The corporate giant scotched speculation on Friday over billionaire Mukesh Ambani making any plan to relocate or reside in London or anywhere else in the world.
It termed reports of the Ambani family looking to make the 300-acre country club in Buckinghamshire, Stoke Park, their primary residence, as "unwarranted and baseless speculation".
Post Reliance acquiring the London property for Rs 592 crore, Ambani and his family's visit abroad has been linked to making Stoke Park their second home.
They live in a 400,000 square feet residence, Antilia, in Mumbai.
"RIL group company, RIIHL, 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," the statement said.
The acquisition (of the property) 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, RIL said.