Archive · 26 Sep 2025
Afcons Infrastructure Adds New Board Members
Afcons Infrastructure, part of the Shapoorji Pallonji Group, has added two new board members.
Firoz Cyrus Mistry, son of the late Cyrus Mistry, joins as a non-executive director.
He has experience on boards like SC Finance and Investments.
Santosh Nayar, a veteran banker, becomes an independent director.
He brings experience from State Bank of India and IFCI.
The appointments indicate next-generation family involvement and aim to boost growth.
Firoz Cyrus Mistry appointed as a non-executive director.
Santosh Balachandran Nayar joins as an independent director.
Appointments signal the next generation family involvement.
Mistry has experience from boards of SC Finance and Cyrus Investments.
Nayar held senior leadership roles at State Bank of India and IFCI.
- Who
- Firoz Cyrus Mistry, Santosh Balachandran Nayar
- What
- Joined the board of Afcons Infrastructure
- When
- Recently
- Where
- Afcons Infrastructure
- Why
- To bring fresh perspectives and drive growth
- Company
- Afcons Infrastructure
- New Board Member
- Firoz Cyrus Mistry
- Position
- Non-Executive Director
- New Board Member
- Santosh Balachandran Nayar
- Position
- Independent Director
- Mistry's Background
- Boards of SC Finance, Cyrus Investments
- Nayar's Experience
- Senior roles at State Bank of India, IFCI
Sources
Afcons Infrastructure inducts Firoze Mistry on its board
29-Year-Old Firoz Cyrus Mistry And Veteran Santosh Nayar Join Afcons Board, Shapoorji Pallonji Group Announce
Cyrus Mistry's son Firoz joins Afcons Infrastructure Board, Santosh Nayar named independent director