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Keshub Mahindra, ex-Mahindra Group chairman, passes away

Keshub Mahindra, former chairman, Mahindra & Mahindra. File

Keshub Mahindra, former chairman, Mahindra & Mahindra. File
| Photo Credit: Shanker Chakravarty

Former chairman of Mahindra & Mahindra, Keshub Mahindra, passed away at the age of 99 on April 12 in Mumbai due to old age.

Mahindra breathed his last this morning at home peacefully, said a person close to the family.

The Indian Automobile Industry has lost one of its pioneers, Society of Indian Automobile Manufacturers (SIAM) President Vinod Aggarwal said in a statement. Mahindra was the President of SIAM in 1964.

Keshub Mahindra retired from the board of the company at the conclusion of M&M’s annual meeting on August 8, 2012. He had joined the board in 1948 and was elected chairman in 1963.

During his chairmanship, the Mahindra Group grew from a manufacturer of automobiles to a federation of companies operating in a range of businesses including automobiles, tractors, auto components, Information Technology, real estate, financial services and hospitality.

Keshub Mahindra also served on a large number of boards and councils in the public and private sector.

on June 7, 2010, a court in Bhopal convicted all seven accused, including Mahindra, in the Bhopal gas tragedy case and awarded them a maximum of two years imprisonment. He was the non-executive Chairman of Union Carbide India when the lethal gas leak from its plant killed over 15,000 people in 1984. He got bail on July 1.

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