The Financial Times reported that Wadia, who was on a skiing holiday was arrested in early March at New Chitose Airport in the northern Japanese island of Hokkaido after customs officials found 25g of "what appeared to be cannabis resin in his trouser pocket".
"The judgement is clear. It is a suspended sentence. Hence, it will not impact Ness Wadia in the discharge of any of his responsibilities and he will continue to play the role that he has done hitherto, both within the Group and outside," the spokesperson added.
According to the report, the Sapporo District Court handed Wadia a two-year prison sentence, which was suspended for five years.
He spent a period in detention before his indictment on March 20 and an undisclosed period of detention before a court hearing, it added.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)