Vikas Oberoi, Chairman & MD of Oberoi Realty, have returned home to Mumbai today (October 6). Sources say that there was no prima facie case against him in the car crash in Italy.

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As part of the investigation into the car accident, sources suggest that the State Department in Italy have appointed a technical expert to ascertain the cause of the accident.

Oberoi Realty, in a statement, said, "Our Chairman and Managing Director Mr Vikas Oberoi and his wife Mrs Gayatri Oberoi had met with accident in Sardinia, Italy on 2nd October 2023. By Gods grace they both are unhurt and have returned back home to Mumbai safely."

CNBC-TV18 first reported on October 5 that sources claimed there were no charges against Vikas Oberoi in the car crash case. The accident took place on October 2, Monday, and the share price of Oberoi Realty had declined post the news this week but recovered on Thursday to end up 1.7% at Rs 1109.70 per share.

Also read: Oberoi Realty sources claim reports of Vikas Oberoi being charged with Road Homicide in Italy incorrect