Cyrus Pallonji Mistry

Career Mistry joined the family construction company, Shapoorji Pallonji & Co. Ltd as a director in 1991. He is credited with the turnaround of the struggling Afcons Infrastructure in the years after its acquisition by Shapoorji Pallonji Group in 2000. Mistry had been managing director of Shapoorji Pallonji & Company, which is part of the Shapoorji Pallonji Group. He later became chairman of Tata Sons and the Tata Group.

In 2018, his net worth was approximately US$10 billion.

Tata Sons Mistry joined the board of Tata Sons on 1 September 2006, a year after his father retired from it. He was a director of Tata Elxsi Limited, from September 1990 to October 2009, and a director of Tata Power Co. Ltd until September 2006.

In 2013, Mistry was appointed the chairman of Tata Sons. In addition, he was also chairman of all major Tata companies including Tata Industries, Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Teleservices, Indian Hotels, Tata Global Beverages and Tata Chemicals.

The Tata Sons board voted to remove Mistry from the chairmanship of Tata Sons in October 2016.

2018 NCLT verdict In July 2018, the National Company Law Tribunal (NCLT), which "adjudicates issues relating to Indian companies," issued a verdict in favour of Tata Sons on charges of mismanagement levelled by Mistry in 2016, two months following his ousting as chairman, through a vote of no confidence. On 10 July, Mistry stated that he would appeal the decision.

2019 NCLAT verdict In December 2019, the National Company Law Appellate Tribunal reinstated Mistry as the chairperson for Tata Sons for his remaining term, and declared that the appointment of TCS CEO Natarajan Chandrasekaran as executive chairman of Tata Sons was illegal. In January 2020, Tata Sons appealed to the Supreme Court against NCLAT's decision. Cyrus Mistry announced that he will not return to the Chairmanship of the conglomerate, but is interested in reserving his seat in the company's board. A three-judge bench comprising Chief Justice SA Bobde and Justices BR Gavai and Surya Kant stayed NCLAT's order while hearing Tata Sons' appeal on 10 January 2020.

The bench stated, "We find there are lacunae in the judicial orders passed by the NCLAT."

The Supreme Court of India also ordered that Tata Sons will not exercise power under Article 25 of the Company Law for pushing out shares of minority holders in the company.

Personal life Mistry was married to Rohiqa Chagla, the daughter of lawyer Iqbal Chagla and granddaughter of jurist M.C. Chagla. Iqbal Chagla has strategised the course of action for Cyrus Mistry in the legal battle against The Tata Sons.

The couple has two sons, Firoz Mistry and Zahan Mistry.

His father, Pallonji Mistry, died on 28 June 2022.

Death On 4 September 2022, Mistry and three members of the Pandole family visited the Iranshah Atash Behram at Udvada. The Zoroastrian high priest Khurshed Dastoor said the group had visited to offer prayers following the death of Dinshaw Pandole and Pallonji Mistry.

While returning from Udvada to Mumbai, the Mercedes-Benz GLC in which they were travelling crashed at a speed of into a road divider on a bridge on the Ahmedabad - Mumbai, National Highway 8 over Surya River near Charoti in the Palghar district. The driver, Dr. Anahita Pandole, and her husband Darius Pandole in the front row passenger seat, were wearing seat belts and survived with injuries.

Investigation A seven-member forensic investigation team investigated the cause of the crash and reached the conclusion that the car crash was caused by the "faulty design" of the bridge and the death of the occupants had occurred as they were not wearing seat belts. The team member said, "We have concluded that there was an infrastructure issue that led to the crash. The bridge parapet wall was found to be protruding into the shoulder lane. The design has been found to be faulty." A three laned road abruptly changed to a two lane road with an L-shaped concrete divider. The concrete divider was up-to knee height and was not painted appropriately. The spot lacks road warnings and several crashes had occurred at the same spot in the past. Mistry's car had hit a divider at a spot with faulty road design. His death initiated a debate on the inconsistent road design and wearing of seatbelt by rear seat passengers. Union government announced that it will start penalising rear seat passengers with a fine of ₹ 1,000 if they were found not wearing seat belts.