Mumbai, Aug. 29 -- The statement came amid a wider dispute surrounding Chandra's personal insolvency proceedings and the recent National Company Law Tribunal (NCLT) approval of a settlement involving claims of more than Rs 22,000 crore.

In a media statement issued on 28 August 2026, a Reliance spokesperson said the group "strongly deny" the allegations and insinuations against its media entities, adding that its media brands have never been used to attack anyone and would not be used for such purposes. Reliance also said it holds Chandra in high regard as a businessman and entrepreneur and wished him well.

Chandra's remarks came against the backdrop of media coverage of his personal insolvency case. The Delhi bench of the NCLT recently ...