Shapoorji Pallonji Group’s chairman Pallonji Mistry passes away
Company News

Shapoorji Pallonji Group’s chairman Pallonji Mistry passes away

Chairman of diversified Shapoorji Pallonji (SP) Group, Pallonji Mistry, died at his residence on Tuesday in Mumbai.

Mr Mistry, whose SP Group is the largest shareholder in the Tata Group with 18.37% holding in the conglomerate, was 93.

Mr Mistry died mid-sleep at 1.00 a.m. at his residence in South Mumbai. He had obtained Irish citizenship.

Mr Mistry was born in 1929 and headed the privately held, above $5-billion SP Group has its origins in the construction industry, which had diversified into other businesses like shipping, real estate, textiles, and home appliances.

Paying tribute to him, Prime Minister Narendra Modi said that he is saddened by the passing away of the billionaire Mistry.

PM Modi said he made massive contributions to the world of commerce and industry.

Union Cabinet Minister Smriti Irani explained Mr Mistry’s death as the end of an era. One of life’s greatest pleasures was to have seen his genius, his gentleness at work, she added.

Other ministers including Mansukh Mandaviya, Hardeep Singh Puri, Nitin Gadkari, and Chief Minister of Karnataka B.S. Bommai also expressed condolences.

Image Source

Also read: Actis buys 49% stake in Shapoorji Pallonji energy unit

Chairman of diversified Shapoorji Pallonji (SP) Group, Pallonji Mistry, died at his residence on Tuesday in Mumbai. Mr Mistry, whose SP Group is the largest shareholder in the Tata Group with 18.37% holding in the conglomerate, was 93. Mr Mistry died mid-sleep at 1.00 a.m. at his residence in South Mumbai. He had obtained Irish citizenship. Mr Mistry was born in 1929 and headed the privately held, above $5-billion SP Group has its origins in the construction industry, which had diversified into other businesses like shipping, real estate, textiles, and home appliances. Paying tribute to him, Prime Minister Narendra Modi said that he is saddened by the passing away of the billionaire Mistry. PM Modi said he made massive contributions to the world of commerce and industry. Union Cabinet Minister Smriti Irani explained Mr Mistry’s death as the end of an era. One of life’s greatest pleasures was to have seen his genius, his gentleness at work, she added. Other ministers including Mansukh Mandaviya, Hardeep Singh Puri, Nitin Gadkari, and Chief Minister of Karnataka B.S. Bommai also expressed condolences. Image Source Also read: Actis buys 49% stake in Shapoorji Pallonji energy unit

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?