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Video Shows Vistex CEO Sanjay Shah Plunge To His Death While Performing During Company Anniversary Celebration

Sanjay Shah, the prominent CEO of leading Illinois-based revenue management company Vistex, died in a freak accident in India on Thursday, multiple media reported.

According to reports, the incident occurred during the company's 25th anniversary celebration. daily mail. The 56-year-old head of technology was a prominent figure in the technology industry. Since 2000, he was performing on stage inside a steel cage with Raju Datla, the company's president and colleague, when an unexpected tragedy occurred. Official witnesses said the cable holding the cage suddenly snapped during the lively moment of the event, when fireworks lit up the stage.

This safety failure caused the cage to plummet 15 feet and hit the concrete below with Shah and Datla inside. Emergency services were immediately called to the scene and the two men were taken to hospital. Mr Shah succumbed to his injuries, while Mr Datla was reportedly in a critical condition. (Related: 'Harry Potter' publishing president dies in horrific speedboat accident: report)

Vistex officials described the planned event as an energetic start to the festivities. “The lowering of Shah and Raju from the cage onto the podium was an event planned to start the celebrations,” a company official said. indian era.

“Suddenly, one of the two wires attached to the cage snapped. They both plummeted over 15 feet and landed on a concrete platform. This caused multiple injuries. ” Abdullapurmeet police station inspector D. Karunakar Reddy told the newspaper.

Founded by Shah in 1999, Vistex has grown into a global powerhouse with more than 2,000 employees in 20 offices around the world, the Daily Mail reported. The company boasts an impressive client roster that includes major companies such as GM, Barilla, and Bayer. In preparation for the silver jubilee celebrations, the staff stayed at Ramoji Film City and looked forward to a fun-filled two-day event.