Shapoorji Pallonji Mistry

Shapoor MistryAged 51, Irish
Non-Independent Non-Executive /
Member of Risk Management Committee

27 October 2014

Mr Shapoorji Pallonji Mistry ("Mr. Shapoor Mistry")is the Chairman of Shapoorji Pallonji group (“SP group”), a 150 year old diversified business conglomerate with business interests in Construction, Real Estate, Infrastructure, Water, Oil & Gas and Renewable Energy. The group has a presence in more than 40 countries.

One of the key companies in the SP group, Shapoorji Pallonji Engineering & Construction which specialises in construction, design and build and EPC is the name behind some of the most iconic buildings and structures that dot the architectural and industrial landscape of India as well as several overseas countries.

Shapoor Mistry spearheaded the group’s re-entry into the real estate business in 1992 and, in just over a decade, has transformed it into a multi city, diversified asset class business with over 100 million square feet of developable real estate space. It includes the Imperial Tower which is the tallest premium residential property developed by the real estate business and has won several awards at prestigious Asia Pacific Property Awards. The Real Estate business has entered into JVs with several prestigious groups such as the Canadian Pension Plan Investment Board, International Finance Corporation, Asian Development Bank and HDFC amongst others.

With an eye on the emerging technological trends and a vision of transforming the SP group into a diversified conglomerate, the Group took over Afcons Infrastructure Limited in 2000. Afcons, the infrastructure arm of the Group has executed some of the most challenging projects in marine, rail, oil and gas, surface transport and hydro & underground.

Shapoor Mistry was actively involved in the takeover of the Forbes-Gokak business in 2001. As Chairman of Forbes & Company Limited and Eureka Forbes, he has helped the group scale new heights in consumer water treatment, home cleaning, security systems, shipping and logistics and bank transaction management verticals.

Under his leadership, the group diversified into oil and gas services by entering into a JV with Bumi Armada. The JV now owns and operates two FPSOs which are located in the D1 and C7 blocks, offshore India. He is the chairman and a major shareholder of SPCL, the flagship company of the group; and it is a partner with the Company for the JV.

He is a noted philanthropist and has been associated with a number of charities concerning health care (Trustee of the Masina Hospital, Dadysett Charity Trust and Maneckjee Cowasjee Petit Charities trusts) and education (member of The Duke of Edinburgh’s Awards World Fellowship, U.K). He holds a degree in Business Administration and Economics from the Richmond College, London.

Shapoor Mistry has no family relationship with any Director and/or major shareholder of the Company. Other than as disclosed above, he has no conflict of interest with the Company. He has not been convicted of any offence within the past 10 years.