Mumbai: Industrialist and former Tata Sons Chairman Ratan Tata addressed recent rumours regarding his health condition in a statement on Monday.

The 86-year-old businessman reassured the public, stating, "I am aware of recent rumours circulating regarding my health and want to assure everyone that these claims are unfounded. I am currently undergoing medical check-ups due to my age and related medical conditions. There is no cause for concern. I remain in good spirits and request that the public and media refrain from spreading misinformation."

Rumours had circulated earlier that Tata was admitted to Breach Candy Hospital in Mumbai after experiencing a sudden drop in blood pressure.

Reports suggested that his condition was critical and that he had been rushed to the hospital late last night for immediate medical attention.

Ratan Tata, known for his leadership and philanthropic efforts, served as chairman of Tata Sons from 1990 to 2012 and held the position of interim chairman from October 2016 to February 2017.

He continues to oversee the Tata Trusts, which play a significant role in India's philanthropic landscape. Recognised for his contributions to industry and society, Tata has been honoured with the Padma Bhushan in 2000 and the Padma Vibhushan in 2008, two of India's highest civilian awards.

In addition to his business legacy, he is also a prominent investor in many start-ups, supporting over 30 ventures across various sectors.

(with agency inputs)