CEO Makes Grand Entrance That Ends Up Taking His Life

A day of celebration turned tragic as Vistex CEO Sanjay Shah met a horrifying fate during an on-stage mishap at a company party in India. The incident occurred when Shah, along with Vistex president Vishwanath Raju Datla, was being lowered onto the stage inside an iron cage as part of their grand entrance.

The cage, suspended near the rafters, experienced a catastrophic failure as a wire snapped, causing it to drop to one side. The shocking moment was captured on video, revealing the two executives plummeting 15 feet to the ground. Sanjay Shah lost his life in the accident, while Vishwanath Raju Datla sustained critical injuries.

The cause of the tragedy was initially attributed to a snapped wire, prompting officials to launch an investigation into the incident and the structural integrity of the cage.

The cage, pulled by a rolling machine, was equipped with iron wires and grills. The video footage captured the harrowing scene, with one of the men landing head-first on the ground as the cage toppled.

Shah and Datla were in India to celebrate Vistex Asia’s silver jubilee at the renowned Ramoji Film City. The planned entrance, involving the lowering of the executives from the cage onto the stage, took a devastating turn.

Vistex, founded by Shah in 1999, is an advisory service company with a global presence, serving clients such as GM, Yamaha, Coca-Cola, and others.

Sanjay Shah, a Mumbai native who immigrated to the U.S. more than a decade earlier, was not only a successful entrepreneur but also a philanthropist. He attended Lehigh University’s business school, earning his MBA in 1989 at the age of 21.

In 2017, Shah donated $5 million to establish the Vistex Institute for Executive Education at the university. Additionally, he founded the Vistex Foundation, providing grants to nonprofits focusing on health, education, and basic needs programming.

In 2020, Shah’s philanthropic efforts extended to the establishment of the Vistex Hospital in Bihar, India, recognized as a national model COVID-19 facility.

The tragic incident has left the company and the community in shock, prompting further investigations into the circumstances surrounding the fatal accident. The Post reached out to Vistex for additional information.

New York Post