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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code