New Delhi, September 4, 2022 – The news of the death of former chairman of Tata Sons Cyrus Mistry in a road accident has come to light.
It is being told that this accident happened near Palghar. After the accident, he was taken to the hospital. Where the doctors declared him dead.
Mistry has been the chairman of the Tata Group for four years.
Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday said he has asked the state police to conduct a detailed investigation into the accident in which former Tata Sons chairman Cyrus Mistry was killed.
Fadnavis said he was shocked and deeply pained to know about the demise of Mistry (54) in the unfortunate accident near Palghar adjoining Mumbai.
He was travelling from Ahmedabad to Mumbai in a Mercedes car, a police official said. The accident took place on a bridge over the Surya river, Palghar district Superintendent of Police Balasaheb Patil said. According to information, he was returning from Ahmedabad to Mumbai.
Facts and Figures
The former chairman of Tata Sons, Cyrus Mistry, resigned from his position on October 24, 2017. He was replaced by Natarajan Chandrasekaran, who is the chairman of Tata Consultancy Services.
The Death of Cyrus Mistry
Cyrus Mistry was the chairman of Tata Sons, the holding company of the Tata Group, from 2012 until he was removed from his position on 4 October 2017. On 4 October, Cyrus Mistry was removed from his position as chairman of Tata Sons by Tata Group’s board of directors. This is the first time in the company’s history that the board has removed the chairman of Tata Sons. On the same day, Ratan Tata was appointed as the chairman of Tata Sons. Cyrus Mistry was removed from his position due to his performance.
The Resignation of Cyrus Mistry
At the time of his resignation, Cyrus Mistry was the Chairman of Tata Sons – the company that owns Tata Consultancy Services, Tata Motors, Tata Steel, and Tata Global Beverages. In his resignation letter, Mistry said that he had become “increasingly concerned that the Board and I have drifted away from the principles and culture that were the basis for the success of the Tata Group.”