London: Angad Paul, son of NRI industrialist Lord Swraj Paul, has died after falling from his penthouse home in central London. 45-year-old Angad, CEO of Caparo group founded by his father, suffered massive injuries after falling eight storeys yesterday. He was pronounced dead by paramedics who rushed to the scene.

The London police said that it was inquiring into the circumstances of the incident but Angad's death was being treated as non-suspicious at this stage. His tragic death comes in the backdrop of a crisis facing the Caparo industries, which has been hit by a collapse in steel prices, forcing 16 of its companies to be put into administration, a process that is an alternative to liquidation.