When Veet roped in young actress Shraddha Kapoor to be a part of its ad campaign, speculations became rife that she has replaced Bollywood diva Katrina Kaif as Veet's new ambassador. Infact, a quote attributed to Nitish Kapoor, Managing Director, RB India saying, “We are proud to sign Shraddha Kapoor as the brand ambassador of Veet” started doing the rounds. 

But it looks like either the MD of the company was misquoted or he plainly got his statements wrong. And ofcourse all this apparently miffed Miss Kaif who sources say didn't take too kindly to reports stating that Shraddha had replaced her as the brand ambassador. 

To placate Katrina and to put things in the right perspective, the brand's spokesperson issued an official statement. Mentioning their association with Katrina as vital, the spokesperson said that she is their brand ambassador and Shraddha is not replacing the former. 

"Our association with Katrina is the most vital one as she leads innovation and equity on the brand. As per the current plan in April we release a big news on celebration 10 years. The media is very well aware that she (Shraddha) is the addition to the roaster for the brand and is in not a replacement," said the spokesperson. 

All's well that ends well, we say.