Shapoorji Pallonji Group Chairman Pallonji Mistry passed away last night. He was 93 years old.
Born in India to a Parsi family, he took Irish citizenship through marriage in 2003. He received Padma Bhushan in 2016 for his contribution in the field of industry and trade.
He is survived by his wife Patsy Perrin Dubash and four children, two sons Shapoor Mistry and Cyrus Mistry and two daughters Laila Mistry and Aloo Mistry. Shapoor Shapoorji runs the Pallonji Group, while Cyrus served as the chairman of the Tata Group from 2012 to 2016; And Aloo is married to Ratan Tata’s half-brother Noel Tata.
Born in 1929, Mistry attended the Cathedral and John Cannon School in Mumbai before going to Imperial College in London for higher education. He began his career at the age of 18, working for his father in the family business (founded in 1865). In the 1970s he helped expand it to Abu Dhabi, Dubai and Qatar in the Middle East.
Mumbai-based Shapoorji Pallonji Group, 156, now operates in the construction business in Africa, India, the Middle East and South Asia. It has housed some of Mumbai’s iconic services such as the Malabar Hill Reservoir and buildings such as the Reserve Bank of India (RBI) building, the Bombay Stock Exchange (BSE) building, and the Brabourne Stadium.
Mistry controls 18.37 per cent of Tata Sons through Shapoorji Pallonji Group, according to a court filing in 2018. It was his father, Shapoorji Pallonji who bought shares of Tata Sons in 1930.