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Cyrus Mistry, former chief of the Tata Sons, dies in an accident near Mumbai

Cyrus Mistry, former chief of the Tata Sons, dies in an accident near Mumbai
Cyrus Mistry, former chief of the Tata Sons, dies in an accident near Mumbai


Cyrus Mistry, who succeeded Ratan Tata as chairman of Tata Sons but was later ousted in India’s biggest coup, was killed in a car accident in Balgar, Maharashtra, on Sunday, police said. He was 54 years old.

It added that Mr. Mistry was traveling from Ahmedabad to Mumbai in a Mercedes.

Pictures from the accident site showed the mutilated remains of a silver Mercedes. The accident occurred when the vehicle hit a road barrier in Charooti district of Balgar, 135 kilometers from Mumbai.

Balgar District Police Commissioner Blasaheb Patel said, “The accident occurred around 3.15pm, when Mistry was heading to Mumbai from Ahmedabad. The accident occurred on a bridge over the Syria River. It appears to be an accident.”

Besides Mr. Mistry, Jahangir Bandol, Anahita Bandul and Darius Bandul were present in the car.

Jahangir Bandol, a relative of Darius Bandol, is the other person who died in the accident.

Darius Bandol was an independent director in the Tata Group companies and opposed the removal of Mr. Mistry from the position of company president. He also left the Tata group with Mr. Mistry.

Darius is Anahita’s husband and Jahangir is her father-in-law. Anahita Bandol was driving the car.

Anahita and Darius Bandol are flown to Prachkandy Hospital in Mumbai.

Maharashtra Deputy Chief Minister Devendra Fadnavis said he had asked the state police to conduct a detailed investigation into the incident.

“He spoke to the DGP and instructed detailed investigations,” wrote Mr Fadnavis, who is also the state’s home secretary, on Twitter.

This is the latest blow to the Mistry family whose patriarch, Pallonji Mistry – Cyrus’ father – died in June at the age of 93. Their empire built luxury hotels, stadiums, palaces, and factories across Asia, but has recently been infamous for an institutional dispute with the Tata Group.

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Prime Minister Narendra Modi led the nation in mourning the businessman’s loss, calling it a “huge loss” to the world of commerce and industry.

“The sudden death of Shree Cyrus Mistry is shocking. He was a promising business leader who believed in India’s economic prowess. His death is a great loss to the world of commerce and industry. My condolences to his family and friends. May his soul rest in peace,” Prime Minister Modi tweeted.

Federal Commerce Minister Piyush Goyal tweeted his condolences and described him as the “shining star” of Indian industry.

Union Minister for Women’s Development, Smriti Irani, said Mr Mistry “embodies kindness”.

N Chandrasekaran, Chairman of Tata Sons who succeeded Mr. Mistry, expressed his condolences at the business leader’s “sudden demise”.

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“I am deeply saddened by the sudden and sudden passing of Mr. Cyrus Mistry. He had a passion for life and it is truly unfortunate that he passed away at such a young age. My deepest condolences and prayers to his family at these difficult times,” Mr. Chandrasekaran said in a statement.

RPG President Harsh Goenka remembered Mr Mistry as “a friend, a gentleman, a quintessential man”.

Industrialist Anand Mahindra said it was “difficult to digest” the news of Mr Mistry’s death.

“I got to know Cyrus well during his very short term as head of the House of Tata. I was convinced he was destined for greatness. If life had other plans, so be it, but life itself should not,” said Mr. Mahendra.

Veteran leader and NCP leader Sharad Pawar described Mr Mistry as a “dynamic and brilliant businessman”.

“We are deeply saddened to hear of the sudden departure of former Tata Sons President Cyrus Mistry. He was a dynamic and brilliant businessman. We have lost one of the brightest stars in the corporate world,” said Mr. Bower.

Supriya Sully, daughter of Sharad Power, said she was devastated.

“It’s over early,” Sina’s Priyanka Chaturvedi wrote on Twitter.

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Mr. Mistry, who was the sixth Chairman of Tata Sons, was removed from the position in October 2016. He had assumed the position of Chairman in December 2012 after Ratan Tata announced his retirement.

Mr. Mistry is survived by his wife, Rahiqa, and their two sons.





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