Sunil Kantik Roy, CEO of Peerless Group, passes away

Business

As the recipient of Padma Shri, he had assumed responsibility for the conglomerate from his older brother, BK Roy, in 1985.

As the recipient of Padma Shri, he had assumed responsibility for the conglomerate from his older brother, BK Roy, in 1985.

Sunil Kanti Roy, CEO of Kolkata-based diversified conglomerate Peerless Group, breathed his last in a hospital here, family sources said. He was 78.

Roy suffers from age-related ailments, it was said.

He was put on ventilation on Saturday May 9, 2022 after his health had deteriorated. He died on Sunday night.

He leaves behind a wife, son, daughter and two grandchildren.

Sunil Kanti Roy, Managing Director, The Peerless General Finance and Investment Company Ltd, receives the 2009 Padma Shri Award from then-President Pratibha Patil at the Rashtrapati Bhavan in New Delhi March 31, 2009. File Photo

Sunil Kanti Roy, Managing Director, The Peerless General Finance and Investment Company Ltd, receives the 2009 Padma Shri Award from then-President Pratibha Patil at the Rashtrapati Bhavan in New Delhi March 31, 2009. File Photo | Photo credit: S.SUBRAMANIUM

A recipient of Padma Shri, Roy had assumed responsibility for the conglomerate from his older brother, BK Roy, upon his death in 1985.

Mayor regrets death

Expressing his condolences, Kolkata Mayor Firhad Hakim wrote: “Deeply saddened by the passing of Padma Shri, Sunil Kanti Roy, top entrepreneur and CEO of Peerless Group. His death marks the end of an era for business in Bengal. My condolences to his friends and family. May his soul rest in peace.”

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