Cyrus Mistry, former chairman of Tata Sons, died in a road accident. The police said that he died in a car accident near Palghar in Maharashtra on Sunday. It is reported that the accident took place on the Surya River Bridge, when Cyrus’ car hit the divider.
Anand Bazar gave this information in a report on Sunday.
According to police sources, Cyrus was returning to Mumbai in his Mercedes from Ahmedabad on Sunday afternoon. The accident took place on the Surya river bridge near Palghar around 3 pm.
Initially, the police believe that it was an accident. Two other people were with Cyrus in the car. They were rescued and admitted to a hospital in Gujarat.
Cyrus joined the Tata board after his father Pallonji Mistry retired from the Tata Sons board in 2006. After six years in 2012, Ratan Tata stepped down as chairman of the Tata Group. After that, Cyrus came to that position. He is the representative of Sapurji Palonji clan. He also held the largest share of Tata Sons.
Cyrus was the chairman until 2016. In the same year, the Tata Sons board removed him from the post of chairman and gave that responsibility to Natarajan Chandrasekaran.