Subrata Roy, the architect of the vast business empire, Sahara Group, passed away at the age of 75 following a cardiorespiratory arrest that occurred at a private hospital in Mumbai on Tuesday, after a period of prolonged illness, as confirmed by a statement released by the company.
He is survived by wife Swapna Roy and two sons, Sushanto Roy and Seemanto Roy, who live abroad.
“It is with profound sadness that Sahara India Pariwar informs the demise of our Hon’ble ‘Saharasri’ Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar,” read the statement issued by Sahara India Pariwar.
The statement said that Subrata Roy was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on 12th November this year following a decline in health and he was battling with various health complications.
“Saharasri ji, an inspirational leader and visionary, passed away on 14th November 2023 at 10.30 pm due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes. He was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on 12th November 2023 following a decline in health,” the statement said.
“His loss will be deeply felt by the entire Sahara India Pariwar. Saharasri ji was a guiding force, a mentor, and a source of inspiration for all who had the privilege to work alongside him,” the statement added.