Quick Facts
Biography
Sir Shapurji Burjorji Broacha (born April 30, 1845; died June 23, 1920) was an industrialist and philanthropist. He was appointed as the Sheriff of Bombay in 1911 during the visit of the King Emperor, then Prince of Wales.
He was the president of Bombay Native Share and Stock Brokers' Association for more than 25 years. Sir Shapurji Broacha was connected as a director with at least twenty-five joint-stock companies. He was honoured with a Knighthood by His Majesty the King-Emperor on the occasion of the 2011 Coronation Durbar. In 1913, he was the only Indian member to be appointed as a member of Royal Commission on Indian Finance and Currency. He was one of the founding members of Bank of India, which was founded in 1906.
Death
At the age of 75, Broacha died on June 23, 1920. It was reported that a large number of commercial houses, share, bullion, and various other markets were remained closed after his death on June 14, 1920.
Honour and legacy
He was honoured with a Knighthood by His Majesty the King-Emperor on the occasion of the 2011 Coronation Durbar.
On March 1, 1923, White marble busts on the grey pedestal of the late Sir Shapurji Broacha and his wife Lady Pirojbai were unveiled in the Masina Hospital compound, Mumbai by Sir George Lloyd, the Governor of Bombay.
A bust of Broacha was unveiled at the Stock Exchange Building, Bombay by Michael Knatchbull, the Governor of Bombay on April 4, 1935.
As per the Gujarat Government Gazette, in 1961, a public hall in Gujarat called the 'Sir Shapurji Burjorji Broacha Hall', is named after him. It was built at a cost of Rs. 49,446 and was opened on November 12, 1912.