From being a civil engineer to former Chairman of Tata Sons, all you need to know about Cyrus Mistry

Cyrus Mistry, the youngest son of Pallonji Mistry, the founder of the Shapoorji Pallonji Group and the largest shareholder in the Tata Group, to the top position.

Mistry, a civil engineer who graduated from London’s elite Imperial College, worked at the family’s premier construction company before leaving to join the Tatas.

Shapoorji Pallonji Mistry began his family’s relationship with the Tatas in 1930 when he acquired 12.5 per cent of Tata Sons from the FE Dinshaw Estate, the Indian Express reported.

Later, the Mistries purchased further shares from the Tata family, bringing SP Group’s ownership to nearly 16.5 per cent.

In all, Mistry issued more than Rs 60 crores (600 million) for the Tata Sons rights issue in the 90s.

In 2012, Cyrus succeeded Ratan Tata as the chairman of Tata Sons.

Mistry, who was the second non-Tata family member to take the lead of the organisation in the last 142 years of its existence, had one of the shortest resignations as a group leader at four years.

However, after four years, he was ousted from the chairman’s position in 2016 and was further ousted from the position of director in 2017.

The disagreement escalated into allegations of poor management and the repression of minority shareholder rights.

The 70-year partnership between Shapoorji Pallonji Group and Tata Sons was damaged by the court decision in Tata’s favour in 2021.