Shashikant Ruia, patriarch-chairman of Essar, passes away at 81, family says ‘redefined India’s corporate landscape…’ | Company Business News

Ruia family patriarch Shashikant Ruia has passed away at 81, the family said in an official statement on November 26. 

“It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He was 81. With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives leaving an enduring impact. His humility, warmth, and ability to connect with everyone he met, made him a truly exceptional leader,” the statement said.

It also paid tribute to Ruia’s contributions to society, stating: “An iconic industrialist, Shri Shashikant Ruia, Chairman, Essar Group, played a significant role in redefining India’s corporate landscape. He laid the foundation of the Essar Group and made it a global conglomerate. Shri. Shashikant Ruia’s extraordinary legacy will remain a guiding light for all of us, as we honour his vision and continue to uphold the values, he cherished and championed.”

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