The Pallonji Mistry family owns 18.4% stake in Tata Sons, the holding company of the Tata group.
Shapoorji Pallonji group chairman and billionaire industrialist Pallonji Mistry passed away in Mumbai, company officials said. He died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, the officials said. He was 93. Mistry accumulated a net worth of almost $29 billion, according to the Bloomberg Billionaires Index, making him one of the richest in India. Most of the family wealth, was derived from being the largest minority shareholder in Tata Sons.
Shapoorji Pallonji And Company Private Limited is a global, diversified organization of 18 major companies. We deliver end-to-end solutions in 6 business segments, namely Engineering & Construction, Infrastructure, Real Estate, Water, Energy, and Financial Services.
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