Home Business Deepak Parekh, Anil Ambani among corporate heads to pay tribute to Mistry

Deepak Parekh, Anil Ambani among corporate heads to pay tribute to Mistry


Top leaders of India Inc, including HDFC Chairman Deepak Parekh, ADA Group Chairman, paid tribute to the former chairman and outgrowths Kir Mistry on Tuesday at the Worli Crematorium.

Mistry family friend and NCP leader also joined hundreds of SP group employees and other family members who attended the funeral this morning. Reliance Jio Chairman Akash Ambani also joined the mourners.

The entire Mistry family led by Cyrus’ elder brother Shapur, Cyrus’ wife Rohika, sons Firoz and Zahan, mother Patsy Mistry, sisters Laila Rust Jahangir and Aloo Noel Tata and other family members attended the somber event.

Former Lakme CEO Simone Tata, Former TCS Director and CEO S. Ramadorai, Former UTV Chairman and former Mumbai South MP Milind Deora also paid their respects to Mistry as spiritual singer Krishna Marathe rendered hymns. The funeral took place under increased police protection, several VIPs attended the funeral.

The Mistry family owns 18.4 percent of Tata Sons, the holding company companies. According to the Bloomberg Rich Index, the family’s net worth, including a stake in their flagship unlisted company Shapoorji Pallonji, and is about $29 billion, making them one of the 10 richest families in India.

Mistry, who died in a car accident near Mumbai on Sunday afternoon after his Mercedes hit a dividing road, had joined the family business in March 1991 as a director overseeing the group’s construction business. His death has drawn attention to road safety regulations and the importance of seat belts for rear seat passengers.

“Mistry was a very gentle man and a very good friend. He was a very good husband and a good father. He will always be in our hearts. We often discuss the issue of road safety in Parliament. I urge people to fasten their seat belts and not take this lightly,” Sule told the media after the funeral.

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