15 November,2023 12:06 AM IST | Mumbai | mid-day online correspondent
Subrata Roy. File Pic
Sahara Group founder Subrata Roy passed away at a hospital in Mumbai on Tuesday, an official statement said.
Subrata Roy died of cardiorespiratory arrest, according to a company statement. He was 75.
An official statement said, "It is with profound sadness that Sahara India Pariwar informs the demise of our Hon'ble âSaharasri' Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar.
It said that he was admitted to the Kokilaben Dhirubhai Ambani Hospital in Mumbai on November 12, 2023 following a decline in health.
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The statement further said, "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 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. Details regarding last rites will be communicated in due course," it said.
Sahara India Pariwar is committed to upholding Saharasri's legacy and will continue to honor his vision in driving our organisation, the statement said.
Following the news of his demise, cricketer Suresh Raina worte on X, "great motivator, speaker and sports lover is no more. #RIP"
Political analyst Tehseen Poonawalla worte on X, "Just heard the news about the demise of Sahara group Chairperson shri Subrata Roy! Sending his family, friends and colleagues deepest condolences! Om Shanti."