Publicist Karishma Prakash has resigned and no longer represents Bollywood actress Deepika Padukone. Since yesterday, there were rumours that Karishma has resigned from KWAN Talent Management Company. On Wednesday, the company issued an official statement to confirm the development.

"Karishma Prakash tendered her resignation on 21st of October with immediate effect and it was accepted. She now has nothing to do with KWAN or with any of the artists that the agency represents, including Deepika Padukone. The ongoing investigations are on Karishma Prakash as an individual. We would request media houses and reporters to incorporate this fact while reporting on this issue," said Vijay Subramaniam, co-founder and CEO of KWAN, in the official statement.