Shashi Ruia, the co-founder and chairperson of the Essar Group, passed away on November 25 at the age of 80. A visionary industrialist, Ruia was instrumental in transforming Essar from a modest construction company into a global conglomerate with a diverse portfolio across steel, energy, telecommunications, and infrastructure.

Ruia, who had been undergoing treatment in the United States, returned to Mumbai about a month ago. He passed away late Sunday night at 11:55 pm, as confirmed by family sources. His mortal remains will be kept at Ruia House from 1 pm to 3 pm on Tuesday for prayers and tributes. The funeral procession will leave Ruia House at 4 pm, proceeding to the Hindu Crematorium at Worli.