Sheffield did not cite any reason for the split on the record but announced that she was terminating their business relationship.
"I introduced her to the international market and wish her well and our time together, business wise, was as productive as possible," said Sheffield.
Over the 10 years that Sheffield has handled Aishwarya career in the US, the former Miss World has gone on to secure a lucrative promotional deal with L’Oreal cosmetics; appeared on ’60 Minutes’ and ’The Oprah Winfrey Show’ twice; and made to the cover of Time magazine, as well as being listed among their 100 most influential people in entertainment.
Aishwarya, 37, attended her first Academy Awards ceremony here last month via an invitation through Sheffield’s contacts.
She has also appeared in several Hollywood movies including The Pink Panther 2, The Last Legion opposite Oscar winner Colin Firth, Bride and Prejudice, Mistress of Spices and Provoked.
The actress also collaborated with some of the world’s leading fashion designers including the houses of Armani, Gucci, Roberto Cavalli and Elie Saab. Karan Johar to tie the knot?