New Delhi, Aug 7 (IANS) Wedding bells may soon ring in the Ruia family with the youngest member of the family, Rewant, the son of Essar founder Ravi Ruia, getting engaged to his girlfriend Karishma Choraria, sources close to the family said.
Considered one of the most eligible bachelors of corporate India, Rewant Ruia’s engagement ceremony was organised at the celebrity favourite destination, the Taj Falaknuma Palace in Hyderabad last week. The ceremony was attended only by close family members and friends.
Rewant’s fiancée Karishma, has been raised in London has a Marwari father and a Norwegian mother. The couple has been in celebratory mood for some time now. Recently, the two with some friends took a private jet to a music festival in Miami.
The youngest Essar scion was in news recently when NuMetal made a bid to take over Essar Steel facing insolvency procedure in the bankruptcy court. NuMetal’s bid for Essar Steel was rejected on the ground that Aurora Enterprises, owned by a trust controlled by Rewant Ruia, had a stake in the company. Under the provisions of Insolvency and Bankruptcy Code (IBC) earlier, promoters and group entities were ineligible to bid for their companies.
The process for control of Essar Steel is still continuing as legal clarity is yet to emerge. Rewant, also sits on the board of Essar Global Holdings Limited and Essar Constructions (India) Limited as director.