Cyrus Mistry, who succeeded Ratan Tata as chairman of the Tata Sons however was later ousted in India’s most high-profile boardroom coup, was killed in a automotive accident in Maharashtra’s Palghar on Sunday, mentioned police. He was 54.
Mr Mistry was travelling from Ahmedabad to Mumbai in a Mercedes automotive, it added.
Footage from the accident website confirmed the mangled stays of the silver Mercedes automotive. The accident occurred when the automotive hit the street divider at Charoti space of Palghar, 135 km from Mumbai.
“The accident came about round 3.15 pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident came about on a bridge over the Surya river. It appears an accident,” mentioned Palghar district superintendent of police, Balasaheb Patil.
Two different individuals travelling with him, together with the automotive driver, have been injured. All of the injured individuals have been shifted to a hospital in Gujarat.
Together with Mr Mistry, Jehangir Pandole, Anahita Pandole and Darius Pandole have been current within the automotive.
Jehangir Pandole, a relative of Darius Pandole, is the opposite one that died within the accident.
Darius Pandole was an impartial director in Tata group companies and had opposed the removing of Mr Mistry as the corporate’s chairman. He additionally left the Tata group with Mr Mistry.
Darius is Anahita’s husband and Jehangir was her father-in-law. Anahita Pandole was driving the automotive.
Maharashtra Deputy Chief Minister Devendra Fadnavis mentioned he has requested the state police to conduct an in depth investigation into the accident.
“Spoke to DGP and instructed for detailed investigations,” tweeted Mr Fadnavis, who can be the state dwelling minister.
That is the newest blow for the Mistry household whose patriarch, Pallonji Mistry – Cyrus’s father – died in June on the age of 93. Their empire constructed luxurious resorts, stadiums, palaces and factories throughout Asia, however was most lately recognized for a company feud with the Tata Group.
Prime Minister Narendra Modi led the nation in mourning the lack of the enterprise tycoon, calling it a “large loss” to the world of commerce and trade.
“The premature demise of Shri Cyrus Mistry is surprising. He was a promising enterprise chief who believed in India’s financial prowess. His passing away is a giant loss to the world of commerce and trade. Condolences to his household and pals. Could his soul relaxation in peace,” PM Modi tweeted.
The premature demise of Shri Cyrus Mistry is surprising. He was a promising enterprise chief who believed in India’s financial prowess. His passing away is a giant loss to the world of commerce and trade. Condolences to his household and pals. Could his soul relaxation in peace.
— Narendra Modi (@narendramodi) September 4, 2022
Union Minister of Commerce Piyush Goyal tweeted his condolences, terming him Indian trade’s “shining star”.
Deeply anguished & shocked by the sudden passing away of Cyrus Mistry.
Indian trade has misplaced considered one of its shining stars whose contributions to India’s financial progress will at all times be remembered.
My heartfelt condolences to his household & pals. pic.twitter.com/74bzEPsr3a
— Piyush Goyal (@PiyushGoyal) September 4, 2022
Union Minister for Ladies Improvement Smriti Irani mentioned Mr Mistry “epitomised kindness”.
A delicate soul, a person with a imaginative and prescient and a mission; Cyrus as I’ll at all times keep in mind him epitomised kindness. The information of his demise comes as a shock. My condolences to his household & family members. Om Shanti 🙏 #cyrusmistry
— Smriti Z Irani (@smritiirani) September 4, 2022
N Chandrasekaran, chairman of Tata Sons who succeeded Mr Mistry, condoled the enterprise chief’s “premature demise”.
“I’m deeply saddened by the sudden and premature demise of Mr. Cyrus Mistry. He had a ardour for all times and it’s actually tragic that he handed away at such a younger age. My deepest condolences and prayers for his household in these troublesome instances,” Mr Chandrasekaran mentioned in an announcement.
RPG Enterprises Chairman Harsh Goenka remembered Mr Mistry as “a buddy, gentleman, a person of substance”.
So unhappy to listen to of the surprising information of the passing away of #CyrusMistry in an accident. He was a buddy, a gentleman, a person of substance. He was instrumental in creating the worldwide development big Shapoorji Pallonji and ably led the Tata group.
— Harsh Goenka (@hvgoenka) September 4, 2022
Industrialist Anand Mahindra mentioned it was “exhausting to digest” the information of Mr Mistry’s demise.
“I acquired to know Cyrus properly throughout his all-too-brief tenure as the top of the Home of Tata. I used to be satisfied he was destined for greatness. If life had different plans for him, so be it, however life itself mustn’t have been snatched away from him. Om Shanti,” mentioned Mr Mahindra.
Veteran chief and Nationalist Congress Social gathering chief Sharad Pawar known as Mr Mistry a “dynamic and good entrepreneur”.
“Deeply saddened to listen to concerning the surprising information of the premature demise of the previous Tata Sons Chairman Cyrus Mistry. He was a dynamic and good entrepreneur. We misplaced one of many brightest star of Company World,” mentioned Mr Pawar.
Supriya Sule, Sharad Pawar’s daughter, mentioned she was devastated.
Devastating Information My Brother Cyrus Mistry handed away. Cannot consider it.
Relaxation in Peace Cyrus. pic.twitter.com/YEz7VDkWCY
— Supriya S
“Gone too quickly”, tweeted Sena’s Priyanka Chaturvedi.
Mr Mistry, who was the sixth chairman of Tata Sons, was ousted from the place in October 2016. He had taken over because the chairman in December 2012 after Ratan Tata introduced his retirement.
Mr Mistry is survived by his spouse Rohiqa and their two sons.