Home > Topics > Cyrus Mistry

cyrus mistry

Cyrus Pallonji Mistry (famously referred at Cyrus Mistry) is an eminent Irish-Indian businessman and the former Chairman of India's largest conglomerate, The Tata Group of Companies. He was the sixth Chairman of the group and he held this post from 2012 to 2016. He was also the second non Tata to be named Tata Chairman of the Group after Nowroji Sakiatwala. As the chairman of the Tata Group of Companies, he was an integral part of major Tata Companies which included Tata Industries, Tata Steel, Tata Chemicals and Tata Motors. Apart from Tata, he has also served on the board of director of several groups which included Forbes Gokak, United Motors (India) and Shapoorji Pallonji Group. Mistry was voted to be removed as a chairman by the Tata Sons Board on 24^th October 2016. After removing Mistry from the position of chairman, former chairman Ratan Tata became the interim chairman.

Cyrus was born on 4^th July 1968 to Pallonji Mistry and Patsy Perin Dubash. Mistry has an elder brother named Shapoor Mistry and two sisters Laila and Aloo Mistry. His sister Aloo is married to Noel Tata, the half brother of Ratan Tata. His father is an Indian construction magnate and belonged to a Parsi Indian business family - The Shapoorji Pallonji Group. His mother is of Irish origin. Cyrus completed his schooling from the prestigious Cathedral and John Connon School in Mumbai and went to London for his graduation. He completed his graduation with a BE in Civil Engineering from Imperial College, London. After completing his graduation, he attended the London Business School and obtained a Master of Science in Management. Apart from these, he also holds a Bachelor of Commerce degree from the Mumbai University.

The link of Cyrus' family with the Tata's go back to the 1930s. His grandfather first bought the shares of the company in 1930. The composite value of those shares as of 2011 stood at about 18.5 percent, making Mistry’s father the largest single shareholder of the company (which is other largely controlled by trusts). After completing his studies, Mistry joined his father's business and became the director of the Shapoorji Pallonji & Company. His father was the member of the board of Tata Group and later from 1990 to 2009, Cyrus served as the Director of Tata Elxsi Limited. He also served as the Director of Tata Power Co. Ltd until 2006. In 1994, he was appointed as the Managing Director of the Shapoorji Pallonji Group. Under his leadership, the Shapoorji Pallonji Group expanded its construction business and achieved greater heights. The company took up large engineering projects, including the building of power plants and factories. Under his supervision, the companies' established benchmarks such as construction of the tallest residential towers, the longest rail bridge and the largest affordable housing project. Apart from this, he was also associated with the Convergence Media Private Limited India, and served as the Senior Vice President of Operations and Planning. He also served as the Senior Vice President of Business Development and Technology at DQ Entertainment (International) Limited. His father retired from the Tata Group in 2005 and a year later in 2006, Cyrus joined the board of Tata Sons and was named as director of several Tata Companies in addition to his posts in the Shapoorji Pallonji Group. In 2011, he was appointed as the Deputy Chairman of the Tata group and was also announced that he would take over as the Chairman of the Tata group a year later upon the retirement of Ratan Tata.

After the announcement, Cyrus Mistry resigned from Shapoorji Pallonji & Co and started to completely concentrate on Tata Group. On 8^th November 2012, he was appointed as the Chairman of the Tata Power Company Limited and later on 20^th November 2012, he was appointed as the Chairman of Tata Teleservices Limited and Tata Industries Ltd. Apart from this, he was also appointed as the additional director of the Indian Hotels Company Limited in November 2012 and was later appointed as the Non-Executive Chairman in December 2012. He was then appointed as the new Chairman of Tata Sons and Tata group on 28^th December 2012 making him the Chairman of all major Tata companies which included Tata Industries, Tata Steel, Tata Chemicals and Tata Motors. Apart from these, he also served as the Chairman of Tata Consultancy Services Limited and Tata Chemicals Limited. Recently, after serving as the Chairman of Tata group for four years, Mistry was voted to be removed as a chairman by the Tata Sons Board on 24^th October 2016. After removing Mistry from the position of chairman, former chairman Ratan Tata became the interim chairman and the group will be choosing the new chairman of the group by February 2017.

Mistry is married to Rohiqa Chagla, the daughter of the renowned lawyer Iqbal Chagla and the granddaughter of renowned jurist M.C. Chagla. The couple has two sons. Mistry is an Irish citizen and a permanent resident of India. He considers himself a global citizen. Apart from Tata Group, he has also been the Director of Forvol Intrnational Services Ltd, Cyrus Investment Ltd, Buildbazaar Technologies (India) Pvt. Ltd, Oman Shapoorji Construction Co. Ltd and Muscat Pallonji Shapoorji & Co. Pvt. Ltd. He is also a trustee of the Breach Candy Hospital Trust, Mumbai, and a member of the Construction Federation of India. He is also on the board of Imperial College India Foundation.

NCLAT asks Mistry camp to submit specific changes it wants in Tata Sons Articles of Association
PTI Feeds | October 31, 2018 6:54 PM IST
New Delhi, Oct 31 (PTI) The National Company Law Appellate Tribunal (NCLAT) Wednesday directed the C...
NCLAT asks Mistry camp to submit specific changes it wants in Tata Sons Articles of Association
indiacom
2018-10-31T07:54:22+00:00
2018-10-31T07:54:22+00:00
Cyrus Mistry
India.com
Tatas,TCS Violated Rules in Sacking Mistry: RTI Reply From RoC
PTI | October 31, 2018 5:09 PM IST
Mumbai: The abrupt sacking of Cyrus Mistry as the chairman and director, respectively, of Tata Sons ...
Tatas,TCS Violated Rules in Sacking Mistry: RTI Reply From RoC
indiacom
2018-10-31T06:09:13+00:00
2018-10-31T07:33:15+00:00
Cyrus Mistry
India.com
Don't force Cyrus Mistry to sell his shares: NCLAT to Tata Sons
ANI Feeds | August 24, 2018 4:00 PM IST
New Delhi [India], August 24 (ANI): The National Company Law Appellate Tribunal (NCLAT) on Friday di...
Don't force Cyrus Mistry to sell his shares: NCLAT to Tata Sons
indiacom
2018-08-24T05:00:29+00:00
2018-08-24T05:00:29+00:00
Cyrus Mistry
India.com
Ratan Tata Welcomes NCLT Decision of Rejecting Cyrus Mistry’s Plea, Says Vindication of Tata Sons' Actions
India.com Business Desk | July 9, 2018 8:49 PM IST
Mumbai, July 9: The Mumbai bench of the National Company Law Tribunal (NCLT) on Monday dismissed the...
Ratan Tata Welcomes NCLT Decision of Rejecting Cyrus Mistry’s Plea, Says Vindication of Tata Sons' Actions
indiacom
2018-07-09T09:49:03+00:00
2018-07-09T10:20:28+00:00
Cyrus Mistry
India.com
Cyrus Mistry Removed Because Tata Sons Board Lost Confidence in Him: National Company Law Tribunal
India.com Business Desk | July 9, 2018 11:27 AM IST
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Monday ruled in favour of Tata Sons ...
Cyrus Mistry Removed Because Tata Sons Board Lost Confidence in Him: National Company Law Tribunal
indiacom
2018-07-09T00:27:14+00:00
2018-07-09T00:47:50+00:00
Cyrus Mistry
India.com
NCLT to Pronounce Verdict on 18-Month-Old Tata Sons-Cyrus Mistry Battle on July 9
India.com Business Desk | July 4, 2018 6:21 PM IST
The Mumbai Bench of the National Company Law Tribunal (NCLT) will deliver its judgement on an 18-mon...
NCLT to Pronounce Verdict on 18-Month-Old Tata Sons-Cyrus Mistry Battle on July 9
indiacom
2018-07-04T07:21:09+00:00
2018-07-04T07:23:42+00:00
Cyrus Mistry
India.com
HC refuses to stay sessions court order quashing summons to Cyrus Mistry
PTI Feeds | March 7, 2018 6:57 PM IST
Mumbai, Mar 7 (PTI) In some reprieve for ousted Tata Group chairman Cyrus Mistry, the Bombay High Co...
HC refuses to stay sessions court order quashing summons to Cyrus Mistry
indiacom
2018-03-07T07:57:29+00:00
2018-03-07T07:57:29+00:00
Cyrus Mistry
India.com
Chandra's 2nd year may begin with Tatas' largest domestic deal with Bhushan Steel takeover
PTI Feeds | February 18, 2018 7:37 PM IST
Mumbai, Feb 18 (PTI) As N Chandrasekaran, the first non-Parsi chairman of the Tata Group in its 150 ...
Chandra's 2nd year may begin with Tatas' largest domestic deal with Bhushan Steel takeover
indiacom
2018-02-18T08:37:10+00:00
2018-02-18T08:37:10+00:00
Cyrus Mistry
India.com
Mistry alleges Tata did nothing to better corporate governance
PTI Feeds | January 30, 2018 12:17 AM IST
Mumbai, Jan 29 (PTI) Ousted Tata Sons chairman Cyrus Mistry today alleged that group patriarch Ratan...
Mistry alleges Tata did nothing to better corporate governance
indiacom
2018-01-29T13:17:56+00:00
2018-01-29T13:17:56+00:00
Cyrus Mistry
India.com
'Prejudice to Mistry Group reason enough for NCLT intervention'
PTI Feeds | January 25, 2018 8:37 PM IST
Mumbai, Jan 25 (PTI) The lawyer of ousted Tata Sons chairman Cyrus Mistry today told the National Co...
'Prejudice to Mistry Group reason enough for NCLT intervention'
indiacom
2018-01-25T09:37:09+00:00
2018-01-25T09:37:09+00:00
Cyrus Mistry
India.com
Mistry demands proportionate board representation at Tata Sons
PTI Feeds | January 10, 2018 9:14 PM IST
Mumbai, Jan 10 (PTI) Ousted Tata Sons chairman Cyrus Mistry today sought that his Shapoorji Pallonji...
Mistry demands proportionate board representation at Tata Sons
indiacom
2018-01-10T10:14:42+00:00
2018-01-10T10:14:42+00:00
Cyrus Mistry
India.com
NCLT starts hearing on Mistry firms' pleas against Tata Sons
PTI Feeds | November 22, 2017 10:40 PM IST
Mumbai, Nov 22 (PTI) The National Company Law Tribunal (NCLT) here today began the hearing on petiti...
NCLT starts hearing on Mistry firms' pleas against Tata Sons
indiacom
2017-11-22T11:40:40+00:00
2017-11-22T11:40:40+00:00
Cyrus Mistry
India.com
Tata Group Moves Out of Iconic Bombay House
India.com Business Desk | November 3, 2017 5:07 PM IST
Mumbai, November 3: The Tata Group has moved out from its headquarters- the Bombay House as the icon...
Tata Group Moves Out of Iconic Bombay House
indiacom
2017-11-03T06:07:20+00:00
2017-11-03T06:12:01+00:00
Cyrus Mistry
India.com
NTT Docomo continues holding 11.76% in Tata Tele Maharashtra
PTI Feeds | November 1, 2017 6:39 PM IST
New Delhi, Nov 1 (PTI) Japanese telecom firm NTT Docomo continues to hold 11.76 per cent stake in Ta...
NTT Docomo continues holding 11.76% in Tata Tele Maharashtra
indiacom
2017-11-01T07:39:28+00:00
2017-11-01T07:39:28+00:00
Cyrus Mistry
India.com
NTT DoCoMo gets USD 1.2 bn from Tatas; puts behind bitter feud
PTI Feeds | October 31, 2017 9:43 PM IST
New Delhi, Oct 31 (PTI) Japan's largest mobile firm NTT DoCoMo today said it has received over USD 1...
NTT DoCoMo gets USD 1.2 bn from Tatas; puts behind bitter feud
indiacom
2017-10-31T10:43:08+00:00
2017-10-31T10:43:08+00:00
Cyrus Mistry
India.com
NCLT dismisses Mistry's plea for shifting case to Delhi bench
PTI Feeds | October 6, 2017 9:54 PM IST
New Delhi, Oct 6 (PTI) The National Company Law Tribunal (NCLT) today dismissed the plea of ousted T...
NCLT dismisses Mistry's plea for shifting case to Delhi bench
indiacom
2017-10-06T10:54:12+00:00
2017-10-06T10:54:12+00:00
Cyrus Mistry
India.com
Mistry seeks transfer of pleas against Tatas to Delhi bench
PTI Feeds | October 4, 2017 11:05 PM IST
New Delhi, Sep 4 (PTI) Cyrus Mistry has approached the National Company Law Tribunal (NCLT) to seek ...
Mistry seeks transfer of pleas against Tatas to Delhi bench
indiacom
2017-10-04T12:05:11+00:00
2017-10-04T12:05:11+00:00
Cyrus Mistry
India.com
Tata battle: NCLAT grants shareholding waiver to Mistry
PTI Feeds | September 21, 2017 9:34 PM IST
New Delhi, Sep 21 (PTI) Ousted Tata Sons chairman Cyrus Mistry today got a boost in his fight agains...
Tata battle: NCLAT grants shareholding waiver to Mistry
indiacom
2017-09-21T10:34:25+00:00
2017-09-21T10:34:25+00:00
Cyrus Mistry
India.com
NCLAT verdict over Mistry's waiver plea tomorrow
PTI Feeds | September 20, 2017 8:24 PM IST
New Delhi, Sep 20 (PTI) The NCLAT will tomorrow pronounce its verdict over the two petitions filed b...
NCLAT verdict over Mistry's waiver plea tomorrow
indiacom
2017-09-20T09:24:27+00:00
2017-09-20T09:24:27+00:00
Cyrus Mistry
India.com
AirAsia fund diversion case: Tata Sons denies Mistry charges
PTI Feeds | July 8, 2017 11:08 PM IST
Mumbai, Jul 5 (PTI) Tata Sons today rejected the allegations that its ousted chairman Cyrus Mistry h...
AirAsia fund diversion case: Tata Sons denies Mistry charges
indiacom
2017-07-08T12:08:29+00:00
2017-07-08T12:08:29+00:00
Cyrus Mistry
India.com