New Delhi: MDH owner Mahashay Dharampal Gulati is no more, reports claimed on Sunday while adding that he took his last breath at a hospital in the national capital on Saturday. However, the sources close to his family have refuted the claims and asserted that he is fit and fine. (UPDATE – MDH Owner Mahashay Dharampal Gulati is Alive, Death Claims a Rumour, Say Sources) Also Read - Fashion Designer Sharbari Datta Found Dead in The Washroom of Her Kolkata Residence

Mahashay Dharampal Gulati, the son of company’s founder – Mahashay Chunni Lal Gulati, moved to Delhi after the partition of India. Also Read - Vadivel Balaji's Death: Actor Was Under Severe Depression Due to COVID-19 Lockdown - Friend Reveals All

MDH Masala factory, also known as Mahashian Di Hatti, was set up in the national capital in 1959 after Dharampal Gulati bought a plot in Kirti Nagar. Initially, he started a spice shop in a shack. Later, he opened the same at Ajmal Khan Road in Karol Bagh area. Also Read - Sushant Singh Rajput Death Anniversary: Rumoured GF Rhea Chakraborty Shares Heartfelt Note, Says 'You Made Me Believe in Love'

As per reports, he was the highest paid FMCG (Fast Moving Consumer Goods) CEO in India in the year 2017.

Mahashay Dharampal Gulati was born and raised in Sialkot, Pakistan. He dropped out of school when he was in fifth class to assist his father at the shop. During partition, he moved to Delhi along with his family.

MDH today offers a range of 62 products and exports spices to several countries across the world including Switzerland, Japan, the US, and Canada.

(EDITOR’S NOTE: India.com has updated the story after fact-checking)