Business Tycoon Swaraj Paul’s Son Angad Paul Falls to His Death

Angad, 45, was the CEO of Caparo group founded by his father.

(L-R) Lord Swaraj Paul, wife Aruna Paul, deceased son Angad Paul, and daughter-in-law Michelle. (Photo: PTI)

Angad Paul, son of NRI industrialist Lord Swaraj Paul, died after falling from his penthouse home in central London on Sunday.

45-year-old Angad, CEO of Caparo group founded by his father, suffered massive injuries after falling eight storeys on Sunday. He was married to media lawyer Michelle Bonn.

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 have 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.

The Caparo group encompasses 40 companies employing 10,000 people worldwide, including India, it has a turnover of over one billion pounds a year.

Its interests include manufacture of car components and steel pipes, hotels and hospitality.

Several other projects include production of films.

Angad was the executive producer of the hit movie ‘Lock, Stock and Two Smoking Barrels’.