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Former Tata Group chairman Cyrus Mistry died in a road accident that occurred at Charoti in Palghar, Maharashtra. His car crashed into a divider while returning to Mumbai from Ahmedabad.
There were four passengers in the car. One passenger identified as Jahangir Dinshaw Pandole also did not survive. Two others - Anahita Pandole and Darius Pandole - survived.
Maharashtra Deputy CM Devendra Fadnavis has instructed the DGP to conduct a detailed investigation.
Palghar police sources said the driver seems to have lost control due to overspeeding. Police said it is filing an Accidental Death Report (ADR) as per the procedure.
Mortal remains of Cyrus Mistry and Jehangir Pandole are being brought to Mumbai's JJ hospital for post-mortem.
Tata Sons Chairman N Chandrasekaran in his tribute to Mistry said "he had a passion for life" and it was "really tragic that he passed away at such a young age".
Businessman Cyrus Mistry's untimely demise saw an outpouring of sorrow with many from various walks of life observing that they were devastated at the news.
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Mahindra and Mahindra chairman Anand Mahindra expressed his shock, disbelief at the news of Cyrus Mistry's death and said it was difficult to digest that the former Tata Sons chairman had died in a car accident.
"Hard to digest this news. I got to know Cyrus well during his all-too-brief tenure as the head of the House of Tata. I was convinced he was destined for greatness. If life had other plans for him, so be it, but life itself should not have been snatched away from him. Om Shanti," the tweet read.
Cyrus Mistry, former chairman of Tata Group, died in a road accident in Maharashtra on Sunday. The accident occurred at Charoti in Palghar when his Mercedes was returning from Ahmedabad to Mumbai. Mistry's body has been shifted to the Kasa Rural Hospital for postmortem examination. Mistry is survived by his wife and two sons.
Here is how the global media covered Cyrus Mistry's death
There were four passengers in the car and while Cyrus Mistry and another co-passenger did not survive, two others did. Here's what we know so far about Cyrus Mistry's fellow passengers.
Originally from Mumbai, Cyrus Pallonji Mistry was the scion of a wealthy business family who served as chairman of Tata Group from 2012-16. In mid-2012, a selection panel elected him to head Tata Group, and he took office in December that year. He was the sixth chairman and only second (after Nowroji Saklatwala) without the Tata surname.
READ: A glimpse into the life of the now deceased business tycoon Cyrus Mistry
Mortal remains of Cyrus Mistry and Jehangir Pandole will be brought to JJ hospital, Mumbai. The post mortem will take place at JJ hospital.
“I was part of Cyrus’s Group Executive Council, with responsibility for the Tata Corporate Brand. He created the role of “Brand Custodian” for me, which speaks to the kind of visionary leader he was - for him, the Tata brand had been built in the twin pillars of commitment to society and good governance, and consequently he combined the roles of Chairman of the Tata Global Sustainability Council and Chief Ethics Officer under the Brand Custodian, something more global organisations are now beginning to do with the new focus on Environment, Social and Governance (ESG)," said Dr Mukund Rajan.
Rajan further said, "Cyrus was extremely well-read, and closely watched trends in business and management. He was the sharpest leader I have ever worked with, and a great judge of character. His untimely demise represents a huge loss for Corporate India and for the country.”
The accident took place at Charoti area of Palghar, 135 kms away from Mumbai. The accident took place over a bridge present near Surya river, according to them.
Palghar police sources say prima facie it looks like the driver lost control due to overspeeding. The mortal remains of Cyrus Mistry are at Kasa government hospital. It is yet to be decided whether the postmortem will be done in Palghar or Mumbai. Police is filing an Accidental Death Report (ADR) as per the procedure.
Family members of Cyrus Mistry are also leaving for Palghar. Officials of Shapoorji Pallonji are also on their way to Palghar.
Maharashtra Chief Minister Eknath Shinde condoled the death of former Tata Sons chairman Cyrus Mistry, saying it was not just a loss for his family but for the entire business world.
Terming the death of the industrialist as "shocking", Shinde said Mistry was not just a successful industrialist, but a young and visionary entrepreneur as the business world looked up to him with hope.
