Cyrus Mistry, a former chairman of the Tata Group, passed away on Sunday in a car accident. The five most crucial details of his life are listed here. Browse through this collection to find out.

Cyrus Mistry, a former chairman

Cyrus Mistry, a former chairman of the Tata Group, passed away on Sunday in a car accident. He was the first non-Tata family member to serve as chairman of the Tata Group. Continue reading to learn about the five crucial phases of his professional development.

Education of Cyrus Mistry

Before pursuing further education in England, Cyrus Mistry attended the prestigious Cathedral and John Connon Schools in Mumbai. He obtained degrees from the London Business School and Imperial College, London, in management and civil engineering, respectively, there. He is Pallonji Mistry’s son. Shapoorji Pallonji Group was led by Pallonji Mistry.

Head of the Tata Group

2012 saw the appointment of Cyrus Mistry as the sixth chairman of the Tata group. He was chosen by a five-person team to serve as the company’s sixth chairman. After Ratan Tata announced his retirement, he was appointed.

connection with Ratan Tata

Cyrus Mistry’s brother-in-law is Noel Tata. Ratan Tata’s half-brother is Noel Tata. According to News Agency Reuters, Mistry’s father, a reclusive billionaire reported to be worth $7.6 billion, assisted his younger son in becoming the CEO of a business founded by Ratan Tata’s great-grandfather.

stocks of the Tata Group

Mistry remained the sole largest shareholder in the Tata group notwithstanding the protracted dispute with them. He purchased an 18.4% ownership in the business. Cyrus Investments Pvt Ltd and Sterling Investments Corporation Pvt Ltd are the two businesses through which Mistry made his investments.

Tata vs. Mistry

In 2012, Cyrus Mistry was chosen to serve as the Tata Group’s sixth chairman. But he lost his position as chairman in 2016. Mistry then filed an appeal with the NCLAT challenging the removal as unlawful. Mistry’s reinstatement as chairman was mandated by NCLAT. Tata Group appealed the NCLAT ruling to the Supreme Court. The injunction was suspended in 2021 after a protracted legal dispute. Finally, following the Supreme Court’s ruling, the legal conflict between Mistry and Tata group came to end.