Former chairman of Tata group, Cyrus Mistry died on Sunday in a road accident. He was the first one outside of the Tata family to be the chairman of the Tata group.
Anahita Pandole, a Mumbai-based gynaecologist, was driving the car, a Mercedes. The police say she may have lost control of the car while overtaking another vehicle at a high speed and hit a road divider.
Police sources said Cyrus Mistry and Jehangir Pandole were in the back seat and not wearing seat belts. Anahita Pandole and Darius Pandole were seriously injured and are in hospital.
he death of Cyrus Mistry has left the corporate world in shock. Prime Minister Narendra Modi described him as a promising business leader who believed in India’s economic prowess.
Highlighting about Mr. Cyrus Mistry, he was announced as the sixth chairman of the Tata group in 2012. Five member team selected him as the sixth chairman of the company. He was appointed after the announcement made by Ratan Tata to retire. Cyrus Mistry was sacked as chairman of Tata Sons in a boardroom coup in 2016 after the company criticised his performance. His ouster triggered years-long courtroom and boardroom battle between the Mistrys and Tatas. The Supreme Court ruled last year that Cyrus Mistry’s ouster was legal.
Meanwhile, expressing condolences to Cyrus Mistry’s demise, Anand Mahindra, the CEO of Mahindra, took a pledge.
On September 5, Anand Mahindra tweeted, “I resolve to always wear my seat belt even when in the rear seat of the car. And I urge all of you to take that pledge too. We all owe it to our families.” The tweet was related to the fact that Mistry wasn’t wearing a seat-belt.
Stay tuned for further updates.
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