Mumbai: Subrata Roy Sahara, managing director and chairman of ‘Sahara India’ Group, died of a heart attack in a hospital in Mumbai late on Tuesday.
He was about 75 years old.
A statement issued here by Sahara Group said Roy was admitted to Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute (KDAH) on November 12 after his health deteriorated.
He breathed his last at around 10.30 pm tonight. He was suffering from metastatic malignancy, hypertension and diabetes. Information about his funeral will be given later.
Expressing deep grief over the demise of its Chairman, Sahara Parivar said, “The loss of Mr Roy will be deeply felt by the entire Sahara India Parivar. Saharashree was a guiding force, mentor and source of inspiration to all who had the privilege of working with him. The Sahara India family is committed to maintaining the legacy of Saharashree and will continue to honor his vision in taking our organisation forward.”