London: Angad Paul, son of NRI industrialist Lord Swraj Paul, died after falling from his penthouse home in central London. He was pronounced dead by paramedics who rushed to the scene.
45-year-old Angad, CEO of Caparo group founded by his father, suffered massive injuries after falling eight storeys on Sunday.
The London police has said that it is inquiring into the circumstances of the incident, but no foul play is suspected at this stage.
Angad’s 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. The Caparo group encompasses 40 companies employing 10,000 people worldwide, including India, and has a turnover of over one billion pounds a year. It manufactures car components and steel pipes. It also has business interest in hotels and hospitality.
Angad Paul has been married to media lawyer Michelle Bonn for 10 years.
Angad Paul was also the executive producer of a hit movie ‘Lock, Stock and Two Smoking Barrels’.