Mistry's father is Tata's largest individual shareholder
Cyrus Mistry's father, Pallonji Shapoorji Mistry controls nearly 18% of the equity in Tata group directly and through trusts, making him the single largest individual shareholder. Cyrus Mistry's grandfather had bought shares in the Tata group in the 1930s which account for the equity. Mistry, who has been removed as Tata group chairman, was appointed to the post in 2012.