Not many people knew Cyrus Mistry before he became the chairman of the Tata Group at the age of 44. When he became the chairman in 2013, his close family members as well as others were surprised. After the removal of Ratan Tata, Cyrus himself did not want this position, when Ratan Tata insisted, he agreed to take over the $ 10 trillion empire from salt to software. However, before the completion of four years, Tata’s board voted to remove Cyrus as chairman.
Ratan Tata returned in October 2016 and command was handed over to N Chandrasekaran. Cyrus had tried to bring in many changes in the functioning of the Tata group, which was not liked. This is where the bitterness grew and he was thrown out of the group. His father Pallonji was considered influential in the business world, he too could not save. After the death of Cyrus, it is still not clear why he was removed from office after such a short tenure. A solitude by nature, Cyrus did not give a single interview while in the Tata group. His list of friends was also short, including Nusli Wadia of Bombay Dyeing and NCP leader Supriya Sule. These same people stood with him in the fight for his expulsion from the Tata group.
still a fierce battle
Cyrus wanted to know the reason for his expulsion, for which he first went to the National Company Law Tribunal. When the case was canceled here in 2018, the company approached the Appellate Tribunal, which in 2019 ordered him to be reappointed as the chairman of the Tata group. However, in 2020, when the Tata Group appealed to the Supreme Court, Cyrus refused to take the post of chairman. Supreme Court set aside the order of the Appellate Tribunal
Gave. In later years, Cyrus again returned to their reclusive nature.
Got a Management degree in London
Cyrus had studied in Mumbai. He then earned a master’s degree in civil engineering from Imperial College and engineering and management from the London Business School. Cyrus joined his family business in 1991. He was appointed director of Shapoorji Pallonji Group in 1994. About 50 thousand people work with this group.
Irish-born Cyrus became the chairman of Tata Group in 2012
Cyrus Mistry was the son of Pallonji Shapoorji Mistry, a successful industrialist of Indian origin. He was born in Ireland on July 4, 1968. Cyrus Mistry joined the board of directors of Tata Sons on 1 September 2006. On 28 December 2012, Ratan Tata was appointed as the 6th Chairman of the Tata Group succeeding him. Shapoorji Pallonji holds an 18.37 percent stake in the Tata Group.
