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Shapoor Mistry is an Indian businessman who inherited the Shapoorji Pallonji Group from his father, Pallonji Mistry. He became chairman of the group in December 2012, succeeding his brother Cyrus Mistry, who left to lead the Tata Group. [1] [2] Forbes ranked Mistry #332 in their 2023 World's Billionaires List, totaling $7 billion in net worth. [3]
Shapoorji Mistry was an Indian businessman, and the founder of the Shapoorji Pallonji Group. He is the father of Pallonji Mistry. ... He had a special connection with K. Asif, and that was the sole reason for Shapoor ji to finance a movie, the legendary Hindi movie, Mughal-e-Azam. When released in 1960, this movie was the costliest Hindi movie made till then. References This page was last edited on 1 January 2024, at 04:41 (UTC). Text is available under ...
Nov 7, 2024 · Shapoor Mistry is a patriarch of the Shapoorji Pallonji Group that owns an impressive 18.4% stake in Tata Sons, valued at a little over $130 billion or Rs 1,52,056 crore. The Mistry family, therefore, is one of the biggest stakeholders in Tata Sons, the holding company behind Tata Group, one of the country's largest conglomerates. Despite the fact that Shapoor is not an Indian citizen, his deep association with the Tata family and the fact that he holds a position in the Shapoorji Pallonji ...
Oct 9, 2024 · Shapoor Mistry controls the 159-year-old engineering and construction giant Shapoorji Pallonji Group. He shares his fortune with the family of his late younger brother Cyrus Mistry. The family's ...
Oct 3, 2024 · Shapoor Mistry is a prominent figure in the Indian business landscape, steering the 158-year-old engineering and construction behemoth, Shapoorji Pallonji Group. Founded in 1865, the group has been at the forefront of some of India’s most iconic infrastructure projects, shaping the country’s skyline and contributing to its rapid urbanization. Under Shapoor’s leadership, the company continues to thrive, blending tradition with innovation.
6 days ago · Shapoor Mistry controls the 157-year-old engineering and construction giant Shapoorji Pallonji Group. His late brother Cyrus was chairman of Tata Sons for four years until October 2016, when he ...
Shapoor Pallonji Mistry was born in 1964 (age 59 years; as of 2023) in Bombay, Maharastra, India. (now Mumbai). He grew up in an Irish Parsi family, whose forefathers migrated from Vesu, Gujarat to Mumbai. After receiving his formal education, Shapoor Mistry got involved in his family business Shapoorji Pallonji Group.
6 days ago · Shapoor Mistry and family are credited with 18.4% of Tata Sons after his father, Pallonji Mistry, passed away in June 2022, and younger brother, Cyrus Mistry, died in a car accident two months later.
Sep 5, 2023 · Now, Shapoor Mistry, the eldest son of Pallonji Mistry, has taken up the responsibility of helming the nearly $30-billion revenue diversified engineering and construction group, which owns an 18.41% stake in the $130-billion Tata Group. "Shapoor is driving the businesses alone at a time when cash flows are insufficient for debt repayments. However, he has restructured the business and passed on responsibilities to his son and Cyrus's two sons," says a senior banker.
Sep 12, 2023 · Shapoor Mistry, the eldest son of Pallonji Mistry, was born in 1964 to Pallonji Mistry and Patsy Perin Dubash. He has two sisters and his younger brother, Cyrus Mistry. After the demise of his ...
Nov 22, 2022 · Shapoor Mistry, now at the helm of a family empire that has lost two members, will need to figure out how to resolve a yearslong dispute with the Tata Group. Shapoor Mistry, now at the helm of a ...
Jun 29, 2022 · Pallonji Shapoorji Mistry. MUMBAI: Pallonji Shapoorji Mistry, the India-born Irish business tycoon who was the country’s oldest billionaire, passed away at 93 in his sleep at his south Mumbai ...
Shapoor Mistry, the head of the Shapoorji Pallonji Group, has a remarkable family fortune, including an 18.4% stake in Tata Sons, valued at approximately $130 billion.. However, the relationship ...
Nov 23, 2022 · After studying economics in London, Mr Shapoor Mistry joined the family business in 1992, taking over from his father as chairman two decades later. He is credited with bringing the group’s ...
Jan 29, 2019 · Agencies Pallon Mistry, son of Shapoor Pallonji Mistry, chairman of Shapoorji Pallonji and Co, has been inducted on the board of the group holding company. MUMBAI: The Shapoorji Pallonji Mistry family, whose interest spans from real estate to consumer goods, has inducted its new generation into the holding company of the 153-year old business empire.
Pallonji Mistry was the chairman of the Shapoorji Pallonji Group, [8] through which he owned Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes Limited. [citation needed] ... Shapoor Mistry (b. 1964), runs the Shapoorji Pallonji group, while his younger son, the late Cyrus Mistry (1968—2022), served for some years as chairman of the Tata group. Mistry's elder daughter is Laila. His younger daughter, Aloo, is married to Noel Tata, half-brother of Ratan Tata.
Sep 26, 2012 · Shapoor Mistry He is often seen at Mumbai's Mahalaxmi Race Course, wearing a jacket, jeans and sunglasses, and mingling with fellow horse owners and jockeys. Weekends are reserved for the 170-km ...
Sep 5, 2022 · Since 2012, when the late Pallonji Mistry announced retirement, the group has been under the control of his eldest son and Cyrus’s elder brother Shapoor Pallonji Mistry.
Jul 2, 2012 · “Pallonji Mistry has stepped down as chairman of Shapoorji Pallonji Group and Shapoor Mistry has taken up this role. The group companies will continue to get Pallonji Mistry’s advice as and when required,” he said. Shapoor has taken charge as chairman & MD of SPG a little over six months before younger brother Cyrus Mistry, 43, is slated to succeed Ratan Tata, who will retire as chairman of the Tata Group at the end of the year. ...
Nov 9, 2024 · The group, controlled by Indian billionaire Shapoor Mistry, had earlier reached out to Power Finance for the loan. Proceeds of the loan would primarily be used to refinance an old credit facility. With the latest move, the company may have to find new ways to raise money.
Shapoorji Pallonji & Company Private Limited (SPCPL), trading as Shapoorji Pallonji Group, [3] is an Indian conglomerate headquartered in Mumbai.Its primary business interests include construction and engineering, infrastructure, real estate, energy, and textiles, among others. [4] The company was headed by a grandson of founder Pallonji Mistry, also named Pallonji Mistry, until 2012, when he announced his retirement and the succession of his son, Shapoor Mistry. [5] [6]Shapoorji Pallonji is ...
