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Raymond's Chairman Gautam Singhania injured after speedboat capsizes in Maldives, recovering in Mumbai

“Gautam Singhania suffered minor injuries following an unfortunate accident. He is recovering under due care in Mumbai," his spokesperson said.

Updated on: Mar 20, 2026, 23:04:39 IST
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Raymond Group Chairman and Managing Director Gautam Hari Singhania was rescued after a speedboat accident in the Maldives.

Singhania suffered minor injuries in the incident. (X/ @SinghaniaGautam)
Singhania suffered minor injuries in the incident. (X/ @SinghaniaGautam)

Singhania suffered minor injuries in the incident and is currently recovering in Mumbai, PTI news agency cited his spokesperson as saying.

Confirming that Singhania had been safely rescued after the incident, one of his spokespersons said, “Gautam Singhania suffered minor injuries following an unfortunate accident. He is recovering under due care in Mumbai.”

Singhania's spokesperson also thanked everyone for the well wishes regarding his recovery. “We thank you for the wishes and pray for the well-being of the affected friends,” the spokesperson said.

Speedboat capsizes, two Indians missing

A speedboat carrying tourists capsized near V Felidhoo early on Friday morning, PTI reported citing a report from Maldives. Singhania was among the tourists on the boat.

Two other Indian men, including rally driver Hari Singh, went missing after the speedboat capsized on Friday. Search operations to locate them are underway.

The speedboat was carrying at least seven people, including Singhania, PTI reported. They included two women from the United Kingdom and Russia, and five men from India.

According to a report by Edition MV, police said that the speedboat had overturned on Thursday night near Vaavu atoll Felidhoo, following which two Indians went missing.

“The two missing persons are Indian nationals,” police said, while confirming that five people had fallen into the sea. The three people who were rescued had sustained injuries and were receiving treatement at Vaavu Atoll Hospital.

The search operations are being conducted by the Maldives National Defence Force’s Male' Area Command Coast Guard Second Squadron, Edition MV reported. MNDF stated that the incident had occurred about two nautical miles southwest of Keyodhoo.

 
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Arya Mishra

Arya Mishra is a Content Producer at Hindustan Times, based in New Delhi, and a key member of the digital news team focusing on urgent breaking developments across India and the world. With a sharp editorial instinct and strong reporting skills, Arya covers high-impact crime incidents, public safety and justice issues, political developments, education policy and international affairs, consistently delivering clear, accurate and timely journalism. Her recent reporting highlights include detailed coverage of serious criminal cases, politics as well as analyses of national education reforms and international diplomatic moves. On the world news front, she has written about global trade policy changes and security developments, including tariff shifts by the United States and strategic counter-terrorism strategies being rolled out by Ministry of Home Affairs. Arya thrives in fast-paced environments – running live blogs, crafting in-depth explainers and real-time news coverage that keeps readers informed as stories evolve. Before joining Hindustan Times, she was a part of The Indian Express online team. Outside the newsroom, she is an avid reader, with a love for thriller and suspense fiction, and enjoys music as a way to unwind. With more than three years of experience in dynamic newsrooms, Arya brings curiosity, clarity and commitment to every story she covers.

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