Cyrus Mistry was the younger son of Pallonji Mistry, head of the Shapoorji Pallonji Group, a diversified conglomerate that had begun with a construction company started by Pallonji Mistry’s grandfather in the 19th century. The Mistrys were members of Mumbai’s Parsi community, followers of the Zoroastrian religion who had grown prosperous as merchants and industrialists since the earliest colonial times. Cyrus attended the prestigious Cathedral and John Connon School in Mumbai before completing his higher education in England, where he acquired a civil engineering degree from Imperial College, London, and a master’s degree in management from the London Business School. In 1991 he entered the family business, becoming director of its flagship construction company, Shapoorji Pallonji & Co. Ltd. His brother, Shapoor, directed the group’s real-estate business, and their father continued as chairman of the board of directors. Pallonji Mistry also sat on the board of the Tata Group, another Mumbai-based conglomerate controlled by another prominent Parsi family, the Tatas.
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Let’s know more about Cyrus Mistry
|Real Name||Cyrus Pallonji Mistry|
|Birth Place||Mumbai, Maharashtra, India|
|Hometown||Mumbai, Maharashtra, India|
Let’s know more about physical stats & more about Cyrus Mistry
|Weight (approx.)||75 kg|
|Height||in centimeters- 173 cm
in meters- 1.73 m
in Feet Inches-6’0′
|Zodiac sign/Sun sign||Aries|
|Born||04 July 1968|
|Died||04 September 2022|
Early Life of Cyrus Mistry
Cyrus Mistry was born to a Parsi family in Mumbai. He happened to be the younger son of Indian billionaire and construction businessman Pallonji Mistry who was a Zoroastrian. His mother‘s name was Patsy Perrin Dubash, who also was a Zoroastrian. Since his mother was of Irish nationality and his father also converted into an Irishman, Mistry attained citizenship of Ireland. He has two sisters and an elder brother. One of his sisters is married to Noel Tata. This week, his family is connected to the Tata family. Noel is the half-brother of the Indian business tycoon Ratan Tata.
Apart from his connections with such a recognized enterprise in the Indian continent, his own family has also been in the talks due to their construction business. Belonging to a family which has always been flourishing with such a rich business and has had valuable stakes in the Tata Sons company since the beginning, Cyrus was born and brought up in a substantial and plutocratic environment.
Cyrus Mistry was hailed in much of the Indian news media as the first non-Indian and only the second non-Tata to lead the Tata Group, but in fact, he was thoroughly immersed in Mumbai society and was closely connected by marriage to the Tatas. He held an Irish passport on account of his mother, an Irish citizen of Indian extraction whose brother was an Indian shipping magnate and whose sister was married to a cousin of Pallonji Mistry. One of Cyrus Mistry’s sisters married Noel Tata, Ratan Tata’s half-brother, and a prominent executive in the Tata Group. In 1992 Cyrus Mistry married a daughter of Iqbal Chagla, one of India’s most prominent lawyers, and their sons began their education as their father had, in Mumbai.
Cyrus Mistry resigned from Shapoorji Pallonji & Co. upon being made deputy chairman of the Tata Group. Soon after, his father passed control of the entire Shapoorji Pallonji Group to Shapoor Mistry. Cyrus Mistry’s appointment came after a period of great expansion for the Tata Group, which comprised more than 100 companies, including Britain’s Jaguar Land Rover car manufacturer and the Corus Group, a major European steel producer. His responsibilities included streamlining the group’s structure, consolidating related businesses, and opening up management to skilled individuals who might not be connected to the Tata or Mistry families. In 2012 he officially succeeded Ratan Tata as chairman of the Tata Group. Mistry’s tenure as chairman lasted until October 2016, when he was abruptly dismissed. Media reports indicated that disagreements with members of the Tata family over business strategy were the main reason for his ouster. Mistry challenged his removal, accusing the board of mismanagement and of oppressing minority shareholders. In 2018 India’s National Company Law Tribunal rejected his petition, but that decision was overturned by the National Company Law Appellate Tribunal in 2019. Two years later India’s Supreme Court upheld Mistry’s dismissal.
Professional Career of Cyrus Mistry
Initially, Cyrus Mistry’s career began at his Family owned construction company named Shapoorji Pallonji and Co Ltd. He was posted as a director in the enterprise. After that, he joined Tata Sons and Tata group as chairman. An economist named him to be the most important industrialist in both India and Britain in 2013. When he joined Tata Sons, he had a good run. However, in 2016 the board voted to remove him from the chairmanship. Tata Sons posted charges on Mistry pertaining to mismanagement.
He later challenged the decision of the national company law tribunal NCLT verdict in 2018. In 2019, NCLT reinstated him as the chairperson of Tata Sons. As a result, in 2020, the company appealed to the Supreme Court and Mistry announced that he shall not join Tata Sons anymore.
Personal Life and Death of Cyrus
Mistry has been outlived by his wife Rohiqa Chagla, who happens to be the daughter of lawyer Iqbal Chagla. It was her father who fought for Mistry in the legal battle against Tata Sons. Both Cyrus Mistry and Rohiqa Chagla are proud parents to 2 sons Firoz and Zahan.
Mistry was accompanied by three members of the Pandole family when they were visiting the Zoarastrian Iranshah Atash Behram at Udvada. As they were returning to Mumbai, the car of Cyrus Mistry which was a Mercedes crashed right into the dividers. The accident occurred in Palghar on a bridge built over the Surya river. He was pronounced dead on the same day which was 4 September 2022. It has been concluded that he died during the road accident.
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