How Cyrus Mistry Became So Wealthy? | Top Parsi Businessmen in India | Kushal Lodha

Описание: How Cyrus Mistry Became So Wealthy? | Top Parsi Businessmen in India | Kushal Lodha

Back in the 1920s, the Dinshaws group had loaned Rs. 1 Crore to the Tata Family twice to help keep Tata Steel and Tata Power afloat. Today, this loan's value would have been worth $ 2 billion.

After the 1920s, the Dinshaw group converted this loan into 12.5% Equity in Tata Sons. After Edulji Dinshaw passed away in 1936, the Shapporji group bought the stake in Tata Sons from Dinshaw's heirs.

After a rights issue in 1996, the holdings of Shapporji Group reached 18.4%! And today the value of their holding in the company TCS is in excess of $ 2 Billion.
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