Shapoorji Pallonji Group Chairman Pallonji Mistry dies at 93

Pallonji Mistry is the largest individual shareholder in the Tata Group with a 18.4 percent holding in the conglomerate.

New Delhi: Pallonji Mistry, Chairman of the Shapoorji Pallonji Group died last night. The 93 year old veteran industrialist breathed his last at his Mumbai residence.

Mistry, the largest individual shareholder in the Tata Group with a 18.4 percent holding in the conglomerate, died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, PTI has reported.

He is survived by sons Shapoorji and Cyrus P. Mistry -- latter who was in the limelight for the huge corporate tussle with the Tata Group a few years ago, and two daughters, Laila and Aloo -- the latter wedded to Noel Tata, half-brother of Ratan Tata.

Union Minister Smriti Irani has mourned Mistry's death. She tweeted:

Pallonji Mistry , the end of an era. One of life’s greatest joys was to have witnessed his genius , his gentleness at work. My condolences to the family and his loved ones.

— Smriti Z Irani (@smritiirani) June 28, 2022

The Shapoorji Pallonji Group is renowned in the realty and engineering sectors and constructed several landmark buildings like the RBI headquarters, SBI, HSBC, Grindlay Bank, Hongkong & Shanghai Bank and others in south Mumbai, besides other major infrastructure projects.

With Agencies Inputs