Ratan Tata: A Legacy That Shaped The Tata Group

Ratan Tata's passing marks the end of an era at Tata Group, says SP Group Chairman Shapoorji Mistry. Tata's leadership left a significant impact. The Mistry family, long-time allies, acknowledge a strained relationship after Cyrus Mistry's removal as Tata Sons Chairman in 2016.

The passing of Ratan Tata signifies the end of an era for the Tata Group, according to SP Group Chairman Shapoorji Mistry. Remembered as a transformative leader, Tata's legacy stands as a testament to his impactful tenure at the helm of the iconic Indian conglomerate.

Mistry highlighted the longstanding ties between the Mistry family and the Tata Group, celebrating Tata's contributions. The SP Group holds an 18.37% stake in Tata Sons, positioning it as the largest minority shareholder of the company.

Despite historical alliances, tensions arose following the ousting of Cyrus Mistry as Tata Sons Chairman in 2016. This executive shift led to strained relations between the SP Group and the Tata entities.

(With inputs from agencies.)